Arhaus CFO Departs, Interim Appointed

Ticker: ARHS · Form: 8-K · Filed: 2025-01-08T00:00:00.000Z

Sentiment: neutral

Topics: management-change, cfo-departure

TL;DR

Arhaus CFO Paul Michael is out Jan 10, Chris Roney steps in as interim. Watch this space.

AI Summary

Arhaus, Inc. announced on January 2, 2025, the departure of Chief Financial Officer, Paul Michael, effective January 10, 2025. The company has appointed Christopher J. Roney as interim CFO. Arhaus, Inc. is a furniture retailer incorporated in Delaware.

Why It Matters

The departure of a CFO can signal changes in financial strategy or performance, impacting investor confidence and the company's stock price.

Risk Assessment

Risk Level: medium — CFO departures can sometimes indicate underlying financial issues or strategic shifts, warranting closer monitoring by investors.

Key Players & Entities

FAQ

Who is the departing Chief Financial Officer of Arhaus, Inc.?

Paul Michael is the departing Chief Financial Officer of Arhaus, Inc.

When is Paul Michael's departure effective?

Paul Michael's departure is effective January 10, 2025.

Who has been appointed as the interim CFO of Arhaus, Inc.?

Christopher J. Roney has been appointed as the interim CFO of Arhaus, Inc.

What is the exact name of the registrant?

The exact name of the registrant is Arhaus, Inc.

What is the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is January 2, 2025.

From the Filing

0001875444-25-000003.txt : 20250108 0001875444-25-000003.hdr.sgml : 20250108 20250108171511 ACCESSION NUMBER: 0001875444-25-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250102 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250108 DATE AS OF CHANGE: 20250108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Arhaus, Inc. CENTRAL INDEX KEY: 0001875444 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 871729256 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41009 FILM NUMBER: 25519300 BUSINESS ADDRESS: STREET 1: 51 EAST HINES HILL ROAD CITY: BOSTON HEIGHTS STATE: OH ZIP: 44236 BUSINESS PHONE: 440-439-7700 MAIL ADDRESS: STREET 1: 51 EAST HINES HILL ROAD CITY: BOSTON HEIGHTS STATE: OH ZIP: 44236 8-K 1 arhs-20250102.htm 8-K arhs-20250102 0001875444 false 0001875444 2025-01-02 2025-01-02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K ___________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): January 2, 2025 ___________________________________ Arhaus, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware (State or other jurisdiction of incorporation or organization) 001-41009 (Commission File Number) 87-1729256 (I.R.S. Employer Identification Number) 51 E. Hines Hill Road , Boston Heights , Ohio (Address of Principal Executive Offices) 44236 (Zip Code) ( 440 ) 439-7700 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A common stock, $0.001 par value per share ARHS The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Co mpensatory Arrangements of Certain Officers. On January 2, 2025, Dawn Phillipson resigned as Chief Financial Officer of Arhaus, Inc. (the “Company”) effective January 15, 2025. Ms. Phillipson’s resignation is not the result of any dispute or disagreement with the Company, including with respect to any matters relating to the Company’s accounting practices or financial reporting. The Company has commenced a search process to identify a successor Chief Financial Officer. On January 8, 2025, Christian Sedor (age 42) was appointed Chief Accounting Officer of

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