RH Announces the Appointment of Jarrett Stuhl as Chief Real Estate & Development Officer

Rhea-AI Summary

RH (NYSE:RH) appoints Jarrett Stuhl as Chief Real Estate & Development Officer. Stuhl will lead Real Estate Development, Architecture & Design for all brands, concepts, and facilities domestically and internationally. Prior to RH, Stuhl spent nine years at Soho House & Co. Inc. in various roles, including Chief Operating Officer for The Americas. RH's CEO, Gary Friedman, expressed confidence in Stuhl's ability to lead global expansion. Stuhl expressed excitement to join RH and work towards the future of the company.

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE:RH) today announced the appointment of Jarrett Stuhl as Chief Real Estate & Development Officer.

Mr. Stuhl will lead Real Estate Development, Architecture & Design for all the Company’s brands, concepts and facilities, domestically and internationally. Mr. Stuhl will report to RH’s Chairman and Chief Executive Officer, Gary Friedman.

Prior to joining RH, Mr. Stuhl spent nine years bringing Soho House & Co. Inc into new markets across the world. Ascending through the company, and lastly serving as Chief Operating Officer for The Americas, Mr. Stuhl had responsibility for real estate, development, membership, communications, food & beverage and hotel operations.

Gary Friedman, Chairman and Chief Executive Officer commented, “We are delighted to welcome Jarrett to Team RH. Jarrett’s experience designing, developing and leading large immersive design and hospitality experiences, plus his reputation in the real estate and development community as a creative and high-character individual, gives us great confidence in his ability to lead the global expansion of our brand.”

Mr. Stuhl said, “I am honored to join the RH team, a place of vision without boundaries. RH continues to inspire the world through the reinvention of retail and hospitality spaces with its revolutionary design and keen attention to detail. I look forward to working alongside Gary and the entire RH Team as we look toward the future of this incredible company.”

ABOUT RH

RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The Company offers collections through its retail galleries, sourcebooks, and online at RH.com, RHContemporary, RHModern.com, RHBabyandChild.com, RHTEEN.com and Waterworks.com.

FORWARD LOOKING STATEMENTS

This release contains forward-looking statements within the meaning of the federal securities laws, including statements related to: the expected benefits to RH of the appointment of Mr. Stuhl as Chief Real Estate & Development Officer; Mr. Stuhl’s experience designing, developing and leading large immersive design and hospitability experiences and his ability to lead the global expansion of the RH brand; RH’s ability to inspire the world through the reinvention of retail and hospitality through revolutionary design and keen attention to detail; and any statements or assumptions underlying any of the foregoing. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. We cannot assure you that future developments affecting us will be those that we have anticipated. Important risks and uncertainties that could cause actual results to differ materially from our expectations include, among others, risks related to civil unrest; risks related to general economic conditions and the housing market as well as the impact of economic conditions on consumer confidence and spending; changes in customer demand for our products; our ability to anticipate consumer preferences and buying trends; consumer spending based on weather and other conditions beyond our control; risks related to the number of new business initiatives we are undertaking; our ability to obtain our products in a timely fashion or in the quantities required; risks related to our sourcing and supply chain including our dependence on imported products produced by foreign manufacturers and risks related to importation of such products, as well as those risks and uncertainties disclosed under the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in RH’s most recent Form 10-K and Forms 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on our investor relations website at ir.rh.com and on the SEC website at www.sec.gov. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240118198000/en/

PRESS

truthgroup@RH.com



INVESTOR RELATIONS

Allison Malkin

allison.malkin@icrinc.com

Source: RH

FAQ

Who is the new Chief Real Estate & Development Officer at RH?

Jarrett Stuhl is the new Chief Real Estate & Development Officer at RH.

What will Jarrett Stuhl be responsible for at RH?

Stuhl will lead Real Estate Development, Architecture & Design for all RH brands, concepts, and facilities domestically and internationally.

What was Jarrett Stuhl's previous role before joining RH?

Before joining RH, Stuhl was the Chief Operating Officer for The Americas at Soho House & Co. Inc.

Who will Jarrett Stuhl report to at RH?

Stuhl will report to RH’s Chairman and Chief Executive Officer, Gary Friedman.

What did Gary Friedman say about Jarrett Stuhl's appointment?

Gary Friedman expressed confidence in Stuhl's ability to lead the global expansion of RH.

How did Jarrett Stuhl describe his feelings about joining RH?

Stuhl expressed honor and excitement to join RH and work towards the future of the company.