Restoration Hardware (RH) has named Ryno Blignaut as president, chief financial and administrative officer.
Blignaut will lead all financial and administrative functions at RH, including strategic and financial planning, accounting, treasury, tax, internal audit, investor relations, legal, and compliance, across the company’s multiple businesses and brands.
He previously served as chief financial and risk officer at Xoom through its initial public offering and at the time of its acquisition by PayPal, Inc. He most recently served as the chief business officer of Wheels Up, a private aviation company.
Karen Boone, formerly chief financial officer of the company, has decided to step down from her current role to spend more time with her family, and has agreed to work through a transitionary period to ensure a smooth handoff of her responsibilities.
Gary Friedman, RH chairman and CEO, said, “We are extremely pleased to have Ryno join the RH leadership team. Ryno’s financial leadership and experience in working with innovative, high growth businesses makes him an excellent fit for RH during the next phase of our growth.”