Daily News
From Home Furnishing Business
RH Names Real Estate Executive
May 19,
2015 by in Executive Changes, Industry
In the newly created position, Stanchak is leading the transformation of the retailer’s stores into next generation design galleries. He is responsible for the company’s real estate and store development.
Stanchak reports to Gary Friedman, chairman and CEO, and serves as a member of the retailer’s executive leadership team.
“On behalf of the entire RH team, I am thrilled that Dave has joined RH,” Friedman said. “Dave’s tremendous leadership and extensive real estate expertise will be invaluable as we continue to execute on the number one priority for RH—the transformation of our real estate.”
During his 30-year career in the real estate industry, Stanchak has worked as a senior executive, consultant, investor, real estate broker and attorney in all aspects of high-growth, retail brand development. He has had direct responsibility for opening more than 2,500 retail stores, managing real estate portfolios and deploying in excess of $2 billion for retailers including Dick’s Sporting Goods, DSW Shoe Warehouse, Blockbuster Entertainment, and others.
“I am honored to join RH in this new role and have an opportunity to help lead one of the most innovative and revolutionary real estate transformations in retail,” Stanchak said. “I look forward to working with Gary and the entire RH team.”