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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): MARCH 20, 2000
RESTORATION HARDWARE, INC.
(Exact name of registrant as specified in charter)
DELAWARE 000-24261 68-0140361
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
15 KOCH ROAD, SUITE J, CORTE MADERA, CALIFORNIA 94925
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 924-1005
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ITEM 5. OTHER EVENTS
On March 20, 2000, Restoration Hardware, Inc. (the "Registrant")
announced in a press release that Thomas Low, its Senior Vice President, Chief
Financial Officer and Secretary resigned effective March 31, 2000, and that
Walter Parks, its Executive Vice President and Chief Administrative Officer,
will assume Mr. Low's responsibilities. Additionally, the Registrant announced
that Christine M. Baer will join the Registrant as Vice President, Human
Resources on April 3, 2000. A copy of the press release issued by the Registrant
in connection with this announcement is incorporated herein by reference and is
attached hereto as Exhibit 99.1.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
RESTORATION HARDWARE, INC.
Dated: March 21, 2000 By: /s/ WALTER PARKS
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Walter Parks, Executive
Vice President and
Chief Administrative Officer
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EXHIBIT INDEX
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EXHIBIT NO. EXHIBIT
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99.1 Press Release dated March 20, 2000
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EXHIBIT 99.1
PRESS RELEASE
RESTORATION HARDWARE, INC. ANNOUNCES SENIOR MANAGEMENT CHANGES
THOMAS LOW, CFO RESIGNS; CHRIS BAER JOINS AS VP HUMAN RESOURCES
CORTE MADERA, Calif., March 20 /PRNewswire/ -- Restoration Hardware, Inc.
(Nasdaq: RSTO - news) today announced that Mr. Thomas Low, Senior Vice
President, Chief Financial Officer and Secretary has resigned from the
Company, effective March 31, 2000. Mr. Low is leaving the Company to pursue
other business interests. Mr. Walter Parks, Executive Vice President and Chief
Administrative Officer will assume Mr. Low's responsibilities.
The Company is very pleased to announce that Christine M. Baer is joining
Restoration Hardware on April 3, 2000 as Vice President, Human Resources. Ms.
Baer will be responsible for all human resource activities. She will report to
Chairman and Chief Executive Officer, Stephen Gordon. Ms. Baer was most recently
Vice President, Human Resources for Jamba Juice Company from 1995 to March 2000.
Prior to that, she was Director, Human Resources for the corporate office staff
of The Limited from 1993 to 1995, and was Director of Human Resources for
Contempo Casuals from 1989 to 1993.
Restoration Hardware, Inc. is a specialty retailer of home furnishings,
functional and decorative hardware and related merchandise that reflects the
Company's classic and authentic American point of view. Restoration Hardware
sells its merchandise offering through its retail stores, catalog (800-762-1005)
and on-line at www.restorationhardware.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This release may contain forward-looking statements that involve known and
unknown risks. Such forward-looking statements include statements as to the
Company's plans to open additional stores, the results of strategic initiatives,
the anticipated performance of new stores, the impact of competition and other
statements containing words such as "believes," "anticipates," "estimates,"
"expects," "may," "intends" and words of similar import or statements of
management's opinion. These forward-looking statements and assumptions involve
known and unknown risks, uncertainties and other factors that may cause the
actual results, market performance or the Company's achievements to differ
materially from any future results, performance or achievements expressed or
implied by such forward-looking statements. Important factors that could cause
such differences include, but are not limited to, changes in economic or
business conditions in general, changes in product supply, changes in the
competitive environment in which the Company operates, competition for and the
availability of sites for new stores, changes in the Company's management
information needs, changes in customer needs and expectations and governmental
actions and other factors detailed in the Company's filings with the Securities
and Exchange Commission including its recent filings on Forms 10-K and 10-Q,
including those described in "Risk Factors," "Management's Discussion and
Analysis of Financial Condition and Results of Operations" under the captions
"Quarterly Results of Operations and Seasonality" and "Liquidity and Capital
Resources" and in "Business" under the captions "Business Strategy,"
"Competition" and "Government Regulation." The Company undertakes no obligation
to update any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
