Restoration Hardware (RH) has appointed Jack Preston as chief financial officer.
Preston will lead all financial functions including strategic and financial planning, accounting, treasury, tax, internal audit and investor relations across the company’s multiple businesses and brands.
Preston is currently a member of the RH executive leadership team, serving as svp/finance and chief strategy officer. He joined RH in 2013 and previously worked in investment banking at Bank of America Merrill Lynch for more than 12 years.
Ryno Blignaut has decided based upon health considerations to step down from his current CFO role at RH. In order to assure a seamless transition, Blignaut’s resignation will take effect on April 3.
Gary Friedman, RH chairman and CEO, said, “We are pleased to announce the promotion of Jack Preston to the position of chief financial officer of RH. Jack’s experience working with the RH leadership team in roles of increasing responsibility since 2013 makes him a perfect fit to assume the role. During Jack’s six years at RH, he has been a key contributor in the architecture of our new membership and business models, as well as leading multiple financing and capital markets transactions including our three 0% convertible note offerings and share repurchase programs.”