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.
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