Home furnishings retailer Restoration
Hardware is reorganizing its leadership team to better align with the company's
new strategy to develop new lines of business including apparel, accessories,
footwear and jewelry while maintaining existing home business.
In order to execute this plan, Gary Friedman,
the current chairman and co-CEO of Restoration Hardware, will become the
founder, chairman, and CEO of Hierarchy, the newly created company...Friedman will continue to be involved with Restoration Hardware in an exclusive
advisory role...Carlos
Alberini, co-CEO of Restoration Hardware, will become Restoration Hardware’s
sole CEO and will lead all major functions of the business.
