In 2023, Gary Friedman earned $1.29M in total compensation at Restoration Hardware, primarily from $1.25M salary. Most recently acquired 46,274 shares in Jun 2024. Currently holds stock worth $536.01M. Has led Restoration Hardware for over 12 years.
Compensation History
Annual executive compensation data for Gary Friedman, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.29M
Salary
$1.25M
Bonus
$0.00
Other
$42.95K
Salary
$1.25MBoard 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
$0.00Board Justification
No bonuses were awarded under the Leadership Incentive Program for fiscal 2023 due to not meeting performance objectives.
Other Compensation
$42.95KBoard Justification
Includes a car allowance of $12,000 and $30,948 in income imputed related to personal use of corporate aircraft.
Restricted Stock
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.
Gary Friedman
CEO of Restoration Hardware
Education
Not specified
Field of Expertise
Consumer Goods & Retail - Retail
Sector of Economy
Consumer Cyclical
Born
January 1, 1965 - 60 years ago
CEO of Restoration Hardware for
12 years 5 months (Jul 2013 - Present)
Previous Experience
Worked for Williams-Sonoma, Inc. in various capacities including President and Chief Operating Officer.
Holdings
Track Gary Friedman's stock holdings and portfolio value over time.
Total Stock Sold
$1.50B
$1.50B
5,779,790 RH shares
What if they kept their stock?
If Gary Friedman didn't sell their stock, today they would have:
Extra RH5,779,790 shares worth $924.42M.
This is -38.49% and $578.34M less than what they got when they sold the stock.
Insider Trading
Gary Friedman's recent stock transactions, purchases, and sales filed with the SEC.
$10.01M
RH at $216.38/share
Jun 25, 2024
Purchase
$49.08M
RH at $262.17/share
Dec 14, 2022
Sale
$71.17M
RH at $262.39/share
Dec 13, 2022
Sale
$55.55M
RH at $256.40/share
Dec 12, 2022
Sale
$568.25M
RH at $324.72/share
Mar 31, 2022
Sale
$271.60M
RH at $324.41/share
Apr 4, 2022
Sale
$296.24M
RH at $324.54/share
Mar 31, 2022
Sale
$41.69M
RH at $232.10/share
Dec 11, 2019
Sale
$75.70M
RH at $236.28/share
Dec 9, 2019
Sale
$999.91K
RH at $131.19/share
Sep 13, 2018
Purchase
Rivals
Compare Gary Friedman with competitor CEOs and industry peers.