Gary Friedman is the CEO of Restoration Hardware (RH) since 2014, having played a key role in transforming the company into a leading luxury home brand. Before this, he built his reputation as a retail expert working for Williams-Sonoma for...

Current Market Cap

$6.17B

Number of Employees

6.59K

Total Compensation

2019 - 2023

Trending down by -54.49% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Up by 51.24% last year

Year

2023

Total Compensation

$1.29M

Salary

$1.25M

Board Justification

The compensation philosophy emphasizes alignment with company performance and shareholder interests, focusing on long-term stock price appreciation as a key performance metric.

Bonus

$0.00

Board Justification

No bonuses were awarded under the Leadership Incentive Program for fiscal 2023 due to not meeting performance objectives.

Other

$42.95K

Board Justification

Includes a car allowance of $12,000 and $30,948 in income imputed related to personal use of corporate aircraft.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were made to Mr. Friedman in fiscal 2023; all stock options are subject to performance-based restrictions and have not vested.

Performance Metrics

The performance metric for the Leadership Incentive Program was based on Adjusted Income, which was not achieved, resulting in no bonuses for fiscal 2023.

SEC Filing

From May 17, 2024

Gary Friedman

CEO of Restoration Hardware

R

Education

Not specified

Field of Expertise

Consumer Goods & Retail - Retail

Born

January 1, 1965 - 59 years ago

Is Founder?

No

Current Tenure

11 years 2 months (Jul 2013 - Present)

Previous Experience

Worked for Williams-Sonoma, Inc. in various capacities including President and Chief Operating Officer.

View Holdings

Insider Holdings of Gary Friedman

RH

$1.12B

$223.76M (24.94%)

Last Insider Trade

RH

$2.63M

RH at $217.87/share

Jun 25, 2024

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