RH Announces the Appointment of Veronica Schnitzius as President, Chief Manufacturing & Sourcing Officer
RH (NYSE:RH) announced today that Veronica Schnitzius is joining the Company as President, Chief Manufacturing & Sourcing Officer.
Veronica will lead RH's efforts to build a global manufacturing platform that combines owned and operated, joint-ventured, and outsourced manufacturing for the Company's core furniture business, which represents 80% of RH brand revenues. The strategy will emulate the vertically integrated model of many of the world's largest and most profitable luxury brands that have a high level of control over the manufacturing, quality and capacity of their core business.
Mrs. Schnitzius joins RH after a distinguished 24-year career at American Leather, a leading U.S. brand and manufacturer of high-quality upholstered furniture, and an important manufacturing partner of RH since 2014. She began her career at American Leather in 2002 and has led the company as its President since 2017.
Gary Friedman, RH Chairman and CEO, commented, "We are delighted to welcome Veronica to Team RH. She and her team at American Leather have been important partners of our brand for over a decade. We have witnessed and experienced the impact of her leadership and unmatched energy as both a manufacturing executive and a collaborative partner."
Veronica Schnitzius commented, "I'm thrilled to be joining Gary and Team RH in their quest to build one of the most admired brands in the world. The opportunity to build a luxury furniture platform that controls quality from product ideation to product presentation will be revolutionary in the luxury furniture industry. I'm excited to have the opportunity to lead such a transformative and disruptive effort."
Mrs. Schnitzius began her career at American Leather as a Plant Engineer in 2002 and has held the positions of Plant Manager, Vice President of Operations, Chief Operating Officer, and most recently President. Veronica holds an MBA from the University of Texas at Arlington and a BS in Production Engineering from EAFIT University in Medellin, Colombia.
Veronica will report to Chairman & Chief Executive Officer Gary Friedman and serve as a member of the Company's Executive Leadership Team.
ABOUT RH
RH (NYSE:RH) is a global curator of design, taste and style in the luxury lifestyle market. Operating across the United States, Canada, the United Kingdom and Europe, the Company offers collections through its retail galleries, sourcebooks and online at RH.com, RHModern.RH.com, RHBabyandChild.RH.com, RHTEEN.RH.com and Waterworks.RH.com, with integrated hospitality experiences in galleries throughout the United States and internationally.
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