Arhaus Inc. (NASDAQ: ARHS), the upscale home furnishings brand with a valuation of $1.18 billion and annual revenue nearing $1.27 billion, has named Allison Sutley as its new Chief Information Officer, effective next Thursday. Arhaus decision was officially disclosed via a recent regulatory filing dated April 7, 2025, outlining additional executive reshuffles and compensation details.
Sutley, aged 50, steps into the role with an impressive technology pedigree. Previously the Chief Technology Officer at Express, Inc., she held influential posts at Cardinal Health Inc. and Designer Brands Inc., weaving a career rich in digital innovation and e-commerce expertise. This move arrives at a critical juncture for Arhaus, as the company intensifies its focus on enhancing technological infrastructure and customer engagement across digital platforms.
Sutley’s entry is accompanied by a well-outlined remuneration plan. She is set to earn a base salary of $500,000, with annual increases at the discretion of the board. For 2025, she is eligible for performance-based cash incentives up to 50% of her salary, plus $200,000 in restricted stock units and $200,000 in performance stock units, all under the 2021 Equity Incentive Plan. A commuting allowance of $1,500 per month has also been arranged for 12 months, and she will enjoy all executive-level benefits, severance entitlements included. Arhaus clarified, “She has no familial relationships with any current director or executive officer, nor any material interests requiring disclosure.”
This announcement comes alongside the departure of former CIO Mr. Venkat Nachiappan, who will receive standard severance and $85,000 for transition services through year-end 2025.
Amid these leadership changes, Arhaus recently delivered a strong financial performance, exceeding Q4 2024 expectations with an EPS of $0.15, nearly doubling the forecasted $0.08, and posting $347 million in revenue versus the projected $315.09 million. However, full-year revenue dipped slightly by 1.3% year-over-year. For 2025, the company foresees modest revenue growth of up to 3%, alongside plans to launch 3–5 new showrooms and roll out a new ERP system.
Analyst sentiment remains mixed. One brokerage maintained a Buy rating but trimmed its target to $11.50, citing “conservative guidance.” Another lowered its stance to Neutral, adjusting the price target to $12.00 due to ongoing management churn and margin concerns, noting recent exits including the CFO, COO, and SVP of Investor Relations.
Still, Arhaus closed 2024 debt-free with $198 million in cash, signaling resilience as it marches toward strategic evolution in 2025.
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