English
Français
Deutsch
Italiano
Português
Русский
Español
简体中文
हिन्दी
日本語
By Chris Wack
Aterian appointed Joe Risico and Arturo Rodriguez as co-chief executive officers on Thursday. They have also joined the company’s board of directors.
William Kurtz, the company’s current lead independent director, has been named the chairman of the board.
Yaniv Sarig has resigned as CEO and from the board, effective Wednesday.
Risico will lead strategy and revenue generation, while Rodriguez will lead the company’s technology and development, and will continue to lead supply chain and finance. Rodriguez will also remain in his present role as finance chief.
Aterian lowered its revenue outlook for the second quarter to $34.8 million to $35.4 million from $37 million to $44 million previously, saying it will continue to see consumer softness in the consumer discretionary space.
Analysts polled by FactSet are looking for quarterly revenue of $39.7 million.
Write to Chris Wack at [email protected]
Read the full article here