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Sex & the CEO: Restoration Hardware's co-CEO Quits

Friday, 17 Aug 2012 | 1:16 PM ET

Restoration Hardware's co-CEO Gary Friedman has stepped down from the company after an internal investigation found he had an inappropriate relationship with a 26-year-old female employee. Both are single. The company is preparing for its IPO. CNBC's Kayla Tausche; Ashley Lutz, Business Insider; and CNBC Contributor Stacey Widlitz, provide perspective.