The CFO of RH (formerly Restoration Hardware) is stepping down.
The upscale home furnishings retailer said that Karen Boone has decided to step down from her current role to spend more time with her family. She will be succeeded by Ryno Blignaut, who will serve as president, CFO and administrative officer, effective August 14, 2018.
Blignaut most recently served as the chief business officer of Wheels Up, a private aviation company. Prior to that, he served as CFO and risk officer at online and mobile money transfer company Xoom through its initial public offering and at the time of its acquisition by PayPal. Boone has agreed to work through a transitionary period to ensure a smooth handoff of her responsibilities.