RH Appoints Hilary Krane to Board of Directors

June 22, 2016  by in Executive Changes, Industry   

Ms. Krane currently serves as the Executive Vice President, Chief Administrative Officer and General Counsel of NIKE, Inc. Prior to joining NIKE, Inc. in 2010, Ms. Krane held various roles at Levi Strauss & Co., including Senior Vice President, General Counsel and Corporate Affairs.

Gary Friedman, Chairman and Chief Executive Officer, said, “We are delighted to welcome Hilary to the RH Board. Her experience contributing to the growth and development of innovative and iconic global brands will be invaluable as we continue to build RH into the leading luxury home and design platform in the world."

“I'm excited and honored to be joining the board of a Company that is redefining its market and driving innovation in the retail industry," said Ms. Krane. "I look forward to working with Gary and the entire RH board to help actualize their vision of becoming one of the most admired brands in the world.”

Ms. Krane replaces Thomas Mottola who, as previously announced, is stepping down from the RH Board and its various committees due to competing demands on his time. The Board has appointed Mark Demilio as the Chair of the Company’s Nominating and Corporate Governance Committee filling the role previously handled by Mr. Mottola.

Mr. Friedman, concluded, “On behalf of myself, the Board and the entire RH team, I want to thank Tommy for his inspired leadership and guidance. He has made important contributions to shaping the brand and business we are today.”