Aterian Management

Management criteria checks 1/4

Aterian's CEO is Arty Rodriguez, appointed in Jun 2024, has a tenure of less than a year. total yearly compensation is $1.15M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 7.44% of the company’s shares, worth MX$27.48M. The average tenure of the management team and the board of directors is 1.8 years and 2.8 years respectively.

Key information

Arty Rodriguez

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage	27.4%
CEO tenure	less than a year
CEO ownership	7.4%
Management average tenure	1.8yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arty Rodriguez's remuneration changed compared to Aterian's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$18m
Jun 30 2024	n/a	n/a	-US$23m
Mar 31 2024	n/a	n/a	-US$54m
Dec 31 2023	US$1m	US$314k	-US$75m
Sep 30 2023	n/a	n/a	-US$87m
Jun 30 2023	n/a	n/a	-US$198m
Mar 31 2023	n/a	n/a	-US$179m
Dec 31 2022	US$1m	US$310k	-US$196m

Compensation vs Market: Arty's total compensation ($USD1.15M) is above average for companies of similar size in the MX market ($USD194.23K).

Compensation vs Earnings: Arty's compensation has been consistent with company performance over the past year.

CEO

Arty Rodriguez (48 yo)

less than a year

Tenure

US$1,149,311

Compensation

Mr. Arturo Rodriguez, also known as Arty, is Chief Executive Officer of Aterian, Inc. from June 2024. He was CFO, & Co-CEO of Aterian, Inc. from July 26, 2023 to June 2024. He is Director of Aterian, Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arturo Rodriguez	CEO & Director	less than a year	US$1.15m	7.44% MX$ 27.5m
Roi Zahut	Chief Technology Officer	5.8yrs	US$839.76k	2.82% MX$ 10.4m
Joshua Feldman	Chief Financial Officer	less than a year	no data	2.04% MX$ 7.5m
Ilya Grozovsky	Director of Investor Relations & Corporate Development	5.1yrs	no data	no data
Phillip Lepper	Chief Revenue Officer	1.8yrs	no data	2.52% MX$ 9.3m
Christopher Porcelli	Corporate Secretary	no data	no data	no data

1.8yrs

Average Tenure

36yo

Average Age

Experienced Management: ATER *'s management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Arturo Rodriguez	CEO & Director	1.3yrs	US$1.15m	7.44% MX$ 27.5m
Susan Lattmann	Independent Director	2.8yrs	US$159.19k	0.82% MX$ 3.0m
Bari Harlam	Independent Director	4.8yrs	US$154.19k	0.83% MX$ 3.1m
Sarah Liebel	Independent Director	2.8yrs	US$151.69k	0.72% MX$ 2.7m

2.8yrs

Average Tenure

52yo

Average Age

Experienced Board: ATER *'s board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Aterian Management

Management criteria checks 1/4

Key information

Recent management updates

Aterian, Inc., Annual General Meeting, Aug 16, 2024

Aterian, Inc. Announces Resignation of Joe Risico from Board

Chief Technology Officer recently sold Mex$148k worth of stock

Independent Director recently sold Mex$277k worth of stock

Independent Chairman recently sold Mex$611k worth of stock

Chief Technology Officer recently sold Mex$68k worth of stock

Recent updates

Aterian, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Aterian, Inc. to Report Q3, 2024 Results on Nov 11, 2024

Aterian, Inc. Provides Financial Guidance for the Third Quarter of 2024

Aterian, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Aterian, Inc., Annual General Meeting, Aug 16, 2024

Aterian, Inc. Announces Resignation of Joe Risico from Board

Aterian, Inc. Provides Earnings Guidance for the Second Quarter 2024

Aterian, Inc. to Report Q1, 2024 Results on May 07, 2024

Aterian, Inc. Revises Earnings Guidance for the First Quarter Ended March 31, 2024

Chief Technology Officer recently sold Mex$148k worth of stock

New minor risk - Shareholder dilution

Aterian, Inc. Provides Earnings Guidance for the First Quarter of 2024

Full year 2023 earnings released: US$0.95 loss per share (vs US$2.95 loss in FY 2022)

Aterian, Inc. to Report Q4, 2023 Final Results on Mar 12, 2024

Independent Director recently sold Mex$277k worth of stock

Independent Chairman recently sold Mex$611k worth of stock

New minor risk - Shareholder dilution

Aterian, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: US$0.079 loss per share (vs US$1.81 loss in 3Q 2022)

Aterian, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Aterian Receives Extension to Regain Compliance with Nasdaq Minimum Bid Price Rule

Aterian Receives Extension to Regain Compliance with Nasdaq Minimum Bid Price Rule

Chief Technology Officer recently sold Mex$68k worth of stock

Aterian, Inc. Provides Financial Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.45 loss per share (vs US$0.26 loss in 2Q 2022)

High number of new directors

Aterian, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Aterian, Inc. Announces CEO Changes

Aterian, Inc., Annual General Meeting, Aug 11, 2023

Aterian, Inc.(NasdaqCM:ATER) dropped from Russell Small Cap Comp Value Index

Aterian, Inc., Annual General Meeting, Jul 14, 2023

Aterian, Inc. Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: US$0.34 loss per share (vs US$0.78 loss in 1Q 2022)

Chief Technology Officer recently sold Mex$80k worth of stock

Full year 2022 earnings released: US$2.95 loss per share (vs US$6.67 loss in FY 2021)

Now 20% undervalued

Aterian, Inc. Announces Executive Changes

Aterian, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2022

Chief Technology Officer recently sold Mex$83k worth of stock

Aterian, Inc. Revises Revenue Guidance for the Fourth Quarter 2022

Third quarter 2022 earnings released: US$1.81 loss per share (vs US$3.13 loss in 3Q 2021)

Aterian, Inc. Provides Earnings Guidance for the Fourth Quarter 2022

Aterian, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Aterian, Inc. has completed a Follow-on Equity Offering in the amount of $20.221765 million.

Now 35% undervalued after recent price drop

Co-Founder recently sold Mex$521k worth of stock

Co-Founder recently sold Mex$521k worth of stock

Now 24% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2022 earnings released: US$0.26 loss per share (vs US$1.23 loss in 2Q 2021)

Aterian, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Co-Founder recently sold Mex$2.8m worth of stock

Aterian, Inc., Annual General Meeting, Jul 26, 2022

Aterian, Inc. Announces Resignation of Amy von Walter from the Board and All Committees of the Board, Effective from July 8, 2022

The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Aterian, Inc. Common Stock

First quarter 2022 earnings released: US$0.78 loss per share (vs US$3.15 loss in 1Q 2021)

Aterian, Inc. Announces Impairment Loss on Goodwill for Three Months Ended March 31, 2021

High number of new and inexperienced directors

Aterian, Inc. Appoints Anton Von Rueden as Chief Operating Officer

Aterian, Inc Appoints Cynthia Williams to its Board of Directors

High number of new and inexperienced directors

Co-Founder recently sold Mex$9.0m worth of stock

No longer forecast to breakeven

Aterian, Inc. Provides Revenue Guidance for the First Quarter of 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Aterian, Inc. announced that it has received $27.500001 million in funding

High number of new and inexperienced directors

Aterian, Inc. to Report Q4, 2021 Results on Mar 08, 2022

Aterian, Inc. Announces Board Changes