RH

RH has appointed Sandy Pilon as chief customer experience & values officer. Pilon, who has been with RH for 18 years, will globally lead Gallery, Hospitality, Interior Design, Trade, Contract, Delight, People and Optimization across all brand touchpoints. Previously, she served among other roles as field leader of the galleries in Northern and Southern California, senior vice president of Delight and Customer Service Operations, and chief people officer. » Altro su de.investing.com

RH has appointed Ryan Hassanein as chief legal & compliance officer. Hassanein will be responsible for legal and compliance functions, including product safety and supplier compliance, and will report to chairman and CEO Gary Friedman. Previously, he served for more than ten years on the executive team of McKesson Corporation, where he oversaw, among other areas, litigation, regulatory matters, compliance, government relations, supply chain and technology. » Altro su de.investing.com

Gary Friedman, chairman and CEO of RH, sold 125,000 common shares between Sunday and today and retains beneficial ownership of 4,926,337 shares (about 23.88%). The sale took place at a price of $162.59; the stock is roughly 24% below its level six months ago and about 37% below its 52-week high. Friedman said the proceeds will be used to renovate private residences and to repay a personal line of credit. A Form 4 and a Schedule 13D/A will be filed with the SEC in connection with the transaction. » Altro su de.investing.com