RH Management

Management criteria checks 4/4

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 $805.54M. 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

RH falls 7% as company sees revenue growth at low end of prior range of (3.5%)-(4.5%)

Feb 06

RH: What To Look Out For In 2023 (Rating Downgrade)

Jan 16

RH (NYSE:RH) Shareholders Will Want The ROCE Trajectory To Continue

Dec 30

RH's (NYSE:RH) Intrinsic Value Is Potentially 97% Above Its Share Price

Dec 09

These 4 Measures Indicate That RH (NYSE:RH) Is Using Debt Reasonably Well

Nov 11

RH Faces A Litmus Test But I Remain Long

Sep 27

RH (NYSE:RH) Ticks All The Boxes When It Comes To Earnings Growth

Sep 26

RH Non-GAAP EPS of $8.08 beats by $1.38, revenue of $991.62M beats by $22.42M

Sep 08

RH (NYSE:RH) Is Achieving High Returns On Its Capital

Aug 29

RH Offers Exponential Opportunity

Aug 24

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 ($USD2.84M) is below average for companies of similar size in the US market ($USD6.64M).

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% $ 805.5m
Eri Chaya	President	2.3yrs	US$1.90m	0.13% $ 5.8m
Jack Preston	Chief Financial Officer	5.1yrs	US$1.34m	0.000010% $ 446.4
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% $ 19.2k
Christina Hargarten	Chief Accounting Officer & Principal Accounting Officer	2.6yrs	no data	0.0053% $ 234.8k
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% $ 805.5m
Eri Chaya	President	11.4yrs	US$1.90m	0.13% $ 5.8m
Keith Belling	Director	8yrs	US$243.47k	0.030% $ 1.3m
Leonard Schlesinger	Independent Director	10yrs	US$318.47k	0.077% $ 3.4m
Mark Demilio	Lead Independent Director	14.6yrs	US$398.47k	0.20% $ 8.7m
Carlos Alberini	Independent Director	13.8yrs	US$243.47k	0.12% $ 5.3m
Hilary Krane	Independent Director	7.8yrs	US$268.47k	0.036% $ 1.6m
Kathleen Mitic	Independent Director	10.5yrs	US$268.47k	0.059% $ 2.6m
Ali Rowghani	Independent Director	9.3yrs	US$258.47k	0.052% $ 2.3m

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 4/4

Key information

Recent management updates

Lead Independent Director recently sold US$616k worth of stock

RH Appoints Jarrett Stuhl as Chief Real Estate & Development Officer

Chief Legal & Compliance Officer recently sold US$694k worth of stock

President notifies of intention to sell stock

Independent Director recently sold US$7.8m worth of stock

Independent Director notifies of intention to sell stock

Recent updates

Now 25% undervalued after recent price drop

Lead Independent Director recently sold US$616k worth of stock

Investor sentiment deteriorates as stock falls 19%

Consensus EPS estimates fall by 25%

Price target increased by 7.9% to US$328

RH: Q4 Earnings, Improved Results May Be Coming, But Are Likely Priced In

Investors Appear Satisfied With RH's (NYSE:RH) Prospects

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

RH (NYSE:RH) Will Want To Turn Around Its Return Trends

RH Unveils Comprehensive Collection of New Outdoor Products

RH (NYSE:RH) Shares Could Be 45% Below Their Intrinsic Value Estimate

RH: Scaled Luxury Furniture Player

RH Appoints Jarrett Stuhl as Chief Real Estate & Development Officer

Chief Legal & Compliance Officer recently sold US$694k worth of stock

President notifies of intention to sell stock

Consensus EPS estimates fall by 21%

Price target decreased by 7.4% to US$301

RH: Building A Luxury Empire

Third quarter 2024 earnings: EPS misses analyst expectations

RH Provides Revenue Guidance for the Year 2023

RH: The Capital Could Have Been Used Elsewhere

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

RH (NYSE:RH) Could Be Struggling To Allocate Capital

Investor sentiment improves as stock rises 17%

Are Investors Undervaluing RH (NYSE:RH) By 50%?

RH: Short-Term Revenue Weakness, Sets Stage For Long-Term Revenue Strength

RH: Attractive Prospects Overshadowed By Weak Guidance (Rating Upgrade)

Independent Director recently sold US$7.8m worth of stock

Independent Director notifies of intention to sell stock

Investor sentiment deteriorates as stock falls 17%

New major risk - Negative shareholders equity

RH Raises Revenue Guidance for the Year 2023

RH: Don't Buy Before Gary Does

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

Does RH (NYSE:RH) Have A Healthy Balance Sheet?

Now 21% undervalued

Price target increased by 9.7% to US$296

RH's (NYSE:RH) Returns Have Hit A Wall

RH: The Reasons We Remain Bearish

Estimating The Intrinsic Value Of RH (NYSE:RH)

Lead Independent Director recently sold US$610k worth of stock

RH Is Making Some Big Bets

RH: A Diamond Hidden In The Rough, Looks Attractive For The Long Term

Lead Independent Director recently sold US$535k worth of stock

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

Lead Independent Director notifies of intention to sell stock

Consensus EPS estimates fall by 23%

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

RH, Annual General Meeting, Jun 29, 2023

Is RH (NYSE:RH) A Risky Investment?

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

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

RH (NYSE:RH) Might Have The Makings Of A Multi-Bagger

Revenue Downgrade: Here's What Analysts Forecast For RH (NYSE:RH)

Now 22% undervalued after recent price drop

Consensus revenue estimates fall by 12%

Are Investors Undervaluing RH (NYSE:RH) By 24%?

Full year 2023 earnings: EPS exceeds analyst expectations

Here's Why We Think RH (NYSE:RH) Is Well Worth Watching

Does RH (NYSE:RH) Have A Healthy Balance Sheet?

RH Revises Revenue Guidance for the Year 2022

RH falls 7% as company sees revenue growth at low end of prior range of (3.5%)-(4.5%)

Independent Director notifies of intention to sell stock

RH: What To Look Out For In 2023 (Rating Downgrade)

Chief Financial Officer exercised options and sold US$1.1m worth of stock

Lead Independent Director recently sold US$613k worth of stock

Investor sentiment improved over the past week

RH (NYSE:RH) Shareholders Will Want The ROCE Trajectory To Continue