RH appoints new CFO
RH , formerly known as Restoration Hardware, said late Monday that it had appointed Ryno Blignaut president and chief financial and accounting officer. RH stock was down 1.2% in after-hours trading. Blignaut previously served as Xoom CFO when it was acquired by PayPal Inc. The company said current CFO Karen Boone decided to step down to spend more time with her family and will work through a transition period. Blignaut will start in the new role Tuesday. RH rose 5% to $151.62 as the S&P 500 index lost 0.4% during the regular session Monday.
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