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Aterian CEO Yaniv Sarig resigns, Joe Risico, Arturo Rodriguez named Co-CEOs

Aterian announced the appointment of Joe Risico and Arturo Rodriguez as Co-CEOs effective July 26, 2023. They have also joined the Company’s Board of Directors effective that same date. As part of these changes, Mr. William Kurtz, the Company’s current lead independent director and a Board member since 2019, has been named the Chair of the Board. Mr. Yaniv Sarig has resigned as CEO and from the Board effective yesterday. In their new roles as Co-CEO, Mr. Risico will lead strategy and revenue generation, among other things, while Mr. Rodriguez will lead the Company’s technology and development and continue to lead supply chain and finance. Mr. Rodriguez will also continue his present role as CFO. Risico has been with Aterian since 2018, serving as Aterian’s Chief Legal Officer and Head of M&A since March 2021 and June 2021. Rodriguez has been with Aterian since 2017 and served as the Company’s CFO since March 2021

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