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Thus far, Restoration Hardware has been publicly silent on the reasons for the chief executive change.
The chief executive change was a long time coming, Mr. Barton and Mr. Rascoff said.
The McDonald's Corporation made a top executive change on Thursday, hoping it can jump-start sales and fight off intensifying competition.
On a conference call with reporters, Mr. Walton explained that he purposefully made the executive change before the new programs started.
The Royal Bank of Scotland announced a new chairman for Asia on Monday, in the latest high-level executive change at the bank.
It is hard to tell if the executive change will satisfy shareholders, who voted in April to strip Mr. Lewis of his chairman title.
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[C26.] More Executive Changes at G.E.
Other brand-level executive changes can be viewed in the following news release.
The executive changes follow the trading blunder in the London arm of the chief investment office.
Disney also announced a series of executive changes in marketing and its time share Disney Vacation Club business.
Executive Changes Pat Mitchell has been named president and chief executive of the Museum of Television & Radio, effective March 15.
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