CORTE MADERA, Calif. — Gary Friedman is returning as chairman and cochief executive at Restoration Hardware, less than a year after stepping aside, as the home products chain buys his new venture, a company called Hierarchy.
In August, The New York Times reported Restoration Hardware’s board found that Friedman had an inappropriate relationship with a former employee. The company could not be reached at the time and declined to comment Wednesday.
Friedman started Hierarchy that month and was given a title of chairman emeritus, creator and curator at Restoration Hardware. He left as co-CEO and chairman of Restoration Hardware in October. He had been CEO since 2001. He’s once again co-CEO alongside Carlos Alberini.
Restoration Hardware Holdings Inc. is restyling itself as RH, focusing on high-end furnishings. An RH store opened this year in the Back Bay in Boston.