Content about Gary Friedman

September 11, 2013

Restoration Hardware Holdings reported a net loss of $17.8 million for the second quarter, compared with net income of $17.6 million in the same quarter a year earlier, due to charges linked to stock awards given to chairman and co-CEO Gary Friedman.

Corte Madera, Calif. -- Restoration Hardware Holdings reported a net loss  of $17.8 million for the second quarter, compared with net income of $17.6 million in the same quarter a year earlier, due to charges linked to stock awards given to chairman and co-CEO Gary Friedman.

Net revenues for the second quarter of fiscal 2013 increased 30% to $382.1 million from $292.9 million last year.

July 3, 2013

Restoration Hardware Holdings announced that Gary Friedman has been reappointed co-CEO and chairman, effective immediately.

Corte Madera, Calif. – Restoration Hardware Holdings announced that Gary Friedman has been reappointed co-CEO and chairman, effective immediately. Friedman will return to his prior role at the company alongside Carlos Alberini, who has also been named co-CEO. The retailer, now calling itself RH, also said it has acquired the full rights to Friedman’s new venture, Hierarchy, which it will rebrand as RH Atelier.

August 17, 2012

According to multiple reports citing anonymous sources, Restoration Hardware chairman and co-CEO Gary Friedman has stepped down after an internal investigation into a relationship he had with a 26-year-old female employee.

New York -- According to multiple reports citing anonymous sources, Restoration Hardware chairman and co-CEO Gary Friedman has stepped down after an internal investigation into a relationship he had with a 26-year-old female employee.

Friedman was confronted with findings that he had had an intimate relationship with the employee, who has since left the company. To look into the matter, the board of directors formed a special investigative committee and brought in an outside law firm to conduct the inquiry.

February 28, 2008

Restoration Hardware rejected a last-minute merger bid from Sears Holdings Corp., opting to stick with...

November 8, 2007

San Francisco, Restoration...