RH Management

Management criteria checks 3/4

RH's CEO is Gary Friedman, appointed in Jan 2014, has a tenure of 10.25 years. total yearly compensation is $2.84M, comprised of 44% salary and 56% bonuses, including company stock and options. directly owns 18.05% of the company’s shares, worth MX$13.84B. The average tenure of the management team and the board of directors is 5.1 years and 10.5 years respectively.

Key information

Gary Friedman

Chief executive officer

US$2.8m

Total compensation

CEO salary percentage	44.0%
CEO tenure	10.3yrs
CEO ownership	18.0%
Management average tenure	5.1yrs
Board average tenure	10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gary Friedman's remuneration changed compared to RH's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 03 2024	n/a	n/a	US$128m
Oct 28 2023	n/a	n/a	US$223m
Jul 29 2023	n/a	n/a	US$324m
Apr 29 2023	n/a	n/a	US$370m
Jan 28 2023	US$3m	US$1m	US$529m
Oct 29 2022	n/a	n/a	US$569m
Jul 30 2022	n/a	n/a	US$654m
Apr 30 2022	n/a	n/a	US$759m
Jan 29 2022	US$5m	US$1m	US$689m
Oct 30 2021	n/a	n/a	US$672m
Jul 31 2021	n/a	n/a	US$534m
May 01 2021	n/a	n/a	US$406m
Jan 30 2021	US$178m	US$1m	US$272m
Oct 31 2020	n/a	n/a	US$210m
Aug 01 2020	n/a	n/a	US$216m
May 02 2020	n/a	n/a	US$181m
Feb 01 2020	US$4m	US$1m	US$220m
Nov 02 2019	n/a	n/a	US$179m
Aug 03 2019	n/a	n/a	US$147m
May 04 2019	n/a	n/a	US$146m
Feb 02 2019	US$4m	US$1m	US$136m
Nov 03 2018	n/a	n/a	US$109m
Aug 04 2018	n/a	n/a	US$102m
May 05 2018	n/a	n/a	US$31m
Feb 03 2018	US$27m	US$1m	-US$3m

Compensation vs Market: Gary's total compensation ($USD2.84M) is above average for companies of similar size in the MX market ($USD1.53M).

Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.

CEO

Gary Friedman (65 yo)

10.3yrs

Tenure

US$2,840,898

Compensation

Mr. Gary G. Friedman has been the Chairman and Chief Executive Officer of Restoration Hardware Holdings, Inc. (now RH) since July 2, 2013 and January 31, 2014 respectively. He is a Founder of the RH brand...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gary Friedman	Chairman & CEO	10.3yrs	US$2.84m	18.05% $ 13.8b
Eri Chaya	President	2.3yrs	US$1.90m	0.13% $ 99.0m
Jack Preston	Chief Financial Officer	5.1yrs	US$1.34m	0.000010% $ 7.7k
Edward Lee	Chief Legal & Compliance Officer	5.1yrs	US$965.37k	0% $ 0
Stefan Duban	Senior VP and Chief Gallery & Customer Officer	no data	US$1.10m	0.00043% $ 329.9k
Christina Hargarten	Chief Accounting Officer & Principal Accounting Officer	2.6yrs	no data	0.0053% $ 4.0m
Cammeron McLaughlin	Senior Vice President of Investor Relations & Strategy	no data	no data	no data
Sandy Pilon	Chief People & Values Officer	no data	no data	no data
Fernando Garcia	President of Furniture Operations & Home Delivery and Chief Supply Chain Officer	5.3yrs	no data	no data
Jarrett Stuhl	Chief Real Estate & Development Officer	less than a year	no data	no data
Peter Sallick	CEO & Creative Director of Waterworks	no data	no data	no data

5.1yrs

Average Tenure

49.5yo

Average Age

Experienced Management: RH *'s management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Friedman	Chairman & CEO	10.8yrs	US$2.84m	18.05% $ 13.8b
Eri Chaya	President	11.4yrs	US$1.90m	0.13% $ 99.0m
Keith Belling	Director	8yrs	US$243.47k	0.030% $ 22.7m
Leonard Schlesinger	Independent Director	10yrs	US$318.47k	0.077% $ 59.0m
Mark Demilio	Lead Independent Director	14.6yrs	US$398.47k	0.20% $ 150.1m
Carlos Alberini	Independent Director	13.8yrs	US$243.47k	0.12% $ 91.8m
Hilary Krane	Independent Director	7.8yrs	US$268.47k	0.036% $ 27.4m
Kathleen Mitic	Independent Director	10.5yrs	US$268.47k	0.059% $ 45.4m
Ali Rowghani	Independent Director	9.3yrs	US$258.47k	0.052% $ 39.9m

10.5yrs

Average Tenure

65yo

Average Age

Experienced Board: RH *'s board of directors are seasoned and experienced ( 10.5 years average tenure).

RH Management

Management criteria checks 3/4

Key information

Recent management updates

Lead Independent Director recently sold Mex$4.7m worth of stock

Lead Independent Director recently sold Mex$10m worth of stock

Insufficient new directors

Insufficient new directors

Insufficient new directors

RH Appoints Jarrett Stuhl as Chief Real Estate & Development Officer

Recent updates

Lead Independent Director recently sold Mex$4.7m worth of stock

Investor sentiment deteriorates as stock falls 15%

Lead Independent Director recently sold Mex$10m worth of stock

Insufficient new directors

RH to Report Q4, 2024 Results on Mar 27, 2024

Insufficient new directors

RH Unveils Comprehensive Collection of New Outdoor Products

Insufficient new directors

RH Appoints Jarrett Stuhl as Chief Real Estate & Development Officer

Third quarter 2024 earnings released: US$0.12 loss per share (vs US$4.17 profit in 3Q 2023)

RH Provides Revenue Guidance for the Year 2023

RH to Report Q3, 2024 Results on Dec 07, 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

RH Raises Revenue Guidance for the Year 2023

RH to Report Q2, 2024 Results on Sep 07, 2023

Insufficient new directors

Insufficient new directors

Rh Announces the Unveiling of Rh England, the Gallery At the Historic Aynho Park

First quarter 2024 earnings released: EPS: US$1.90 (vs US$8.88 in 1Q 2023)

RH, Annual General Meeting, Jun 29, 2023

RH to Report Q1, 2024 Results on May 25, 2023

Insufficient new directors

Full year 2023 earnings released: EPS: US$22.47 (vs US$32.37 in FY 2022)

Insufficient new directors

RH Revises Revenue Guidance for the Year 2022

Insufficient new directors

Lead Independent Director recently sold Mex$12m worth of stock

Investor sentiment improved over the past week

Chairman & CEO recently sold Mex$2.4b worth of stock

RH Revises Revenue Guidance for Fiscal Year 2022

President recently sold Mex$153m worth of stock

RH (NYSE:RH) acquired Business of Joseph Jeup, Inc.

Third quarter 2023 earnings released: EPS: US$4.17 (vs US$8.59 in 3Q 2022)

RH acquired Dmitriy & Company LLC.

RH to Report Q3, 2023 Results on Dec 08, 2022

Investor sentiment improved over the past week

Insufficient new directors

Lead Independent Director recently sold Mex$5.0m worth of stock

Insufficient new directors

Lead Independent Director recently sold Mex$3.2m worth of stock

RH Provides Revenue Guidance Third Quarter and Full Year of 2022

Second quarter 2023 earnings released: EPS: US$5.00 (vs US$10.71 in 2Q 2022)

RH to Report Q2, 2023 Results on Sep 08, 2022

Insufficient new directors

President recently sold Mex$54m worth of stock

Insufficient new directors

RH Reaffirms Its Revenue Guidance for Second Quarter of 2022

RH Unveils RH Contemporary, the Most Compelling New Collection in Its History

Director recently sold Mex$14m worth of stock

First quarter 2023 earnings released: EPS: US$8.88 (vs US$6.22 in 1Q 2022)

RH Provides Earnings Guidance for the Second Quarter of 2022; Provides Earnings Guidance for the Year 2022

RH to Report Q1, 2023 Results on Jun 02, 2022

RH, Annual General Meeting, Jun 30, 2022

Insufficient new directors

Chairman & CEO recently sold Mex$5.4b worth of stock

Chairman & CEO recently sold Mex$5.4b worth of stock

Full year 2022 earnings released: EPS: US$32.37 (vs US$13.82 in FY 2021)

RH Provides Revenue Guidance for the First Quarter and Fiscal Year of 2022

Insufficient new directors

RH Appoints Christina Hargarten as Chief Accounting Officer and Principal Accounting Officer

Investor sentiment deteriorated over the past week

Insufficient new directors

RH Raises Earnings Guidance for the Fiscal Year 2021

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Insufficient new directors

Second quarter 2022 earnings released: EPS US$10.71 (vs US$5.08 in 2Q 2021)