Aterian appointed Lazar as Chief Executive Officer, effective July 17, 2026, while Arturo Rodriguez and Joshua Feldman will depart following transition periods.
| IndividualLazarArturo RodriguezJoshua FeldmanAvraham Ben-TziDavid NatanBari A. HarlamSusan Lattmann | RoleChief Executive OfficerFormer Chief Executive Officer; Board member; Special Committee memberChief Financial OfficerDirector (Class II); Audit & Compensation CommitteesDirector (Class III); Audit & Compensation Committees (Chair)Former Director; Audit Committee member; Compensation Committee chairFormer Director; Audit Committee chair; Compensation Committee member | Type of ChangeAppointedDeparture from CEO role; transition to non-executive employee; remains on BoardDeparture (termination of employment upon transition)Appointed (elected)Appointed (elected)Resigned from BoardResigned from Board | Effective DateJuly 17, 2026CEO role terminated July 17, 2026; transition through September 30, 2026Remains CFO through September 4, 2026; employment terminates thenJuly 17, 2026July 17, 2026July 17, 2026July 17, 2026 | ReasonPursuant to Securities Purchase Agreement and Board appointmentReplaced as CEO following SPA closing; providing transition services per Transition and Separation AgreementProviding transition services per Transition and Separation AgreementNominated and elected pursuant to Lazar's nomination rightsNominated and elected pursuant to Lazar's nomination rightsResigned following Special Meeting stockholder approvalResigned following Special Meeting stockholder approval | Replacement InfoN/AReplaced by Lazar as CEOSuccessor not disclosedN/AN/AN/AN/A | Background DetailsAppointed pursuant to SPA; right to nominate four directorsWill remain as non-executive employee through Sept 30, 2026; entitled to severance under Severance PlanWill remain CFO through Sept 4, 2026; entitled to severance under Severance PlanWill serve until 2027 annual meeting; joins Audit & Compensation Committees; deemed independentWill serve until 2028 annual meeting; joins Audit & Compensation Committees; Compensation Committee Chair; deemed independentN/AN/A | Board/Committee Role ChangesHas right to nominate directorsRemains on Board; member of Special Committee overseeing DividendNot disclosedJoins Audit Committee and Compensation CommitteeJoins Audit Committee (member) and Compensation Committee (Chair)Resigned; formerly Audit Committee member and Compensation Committee chairResigned; formerly Audit Committee chair and Compensation Committee member |
Original SEC Filing:
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