Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 27, 2025, the Board of Directors (the "Board") of Arhaus, Inc. (the "Company") appointed Samir Desai to Class III of the Board as an independent director under applicable NASDAQ and SEC rules. Mr. Desai's term will expire at the Company's Annual Meeting of Stockholders in 2027, at which time he is expected to stand for re-election to the Board by the Company's stockholders. He will serve on the Board's Technology Committee. In connection with the appointment, the Company increased the size of the Board from ten to eleven members.
Mr. Desai has served as Executive Vice President, Chief Digital and Technology Officer of Abercrombie & Fitch Co. (a leading omnichannel specialty retailer) since July 2021. Prior to that, he served in various leadership positions at Equinox Group (a luxury fitness company), including as Chief Technology Officer from April 2016 to June 2021, Vice President, Technology from April 2013 to April 2016, Senior Director, Technology from April 2011 to April 2013, and Director, Technology from October 2005 to April 2011. Mr. Desai previously served as Director of Technology at Intertex Apparel Group from 2002 to 2005. We believe Mr. Desai is qualified to serve on our Board of Directors because of his significant digital and technology expertise and his leadership in the retail industry.
Mr. Desai's compensation for his service as a director will be consistent with that of the Company's other non-employee directors, as described in the definitive proxy statement for the Company's 2025 Annual Meeting of Stockholders.
There are no arrangements or understandings between Mr. Desai and any other persons pursuant to which Mr. Desai was selected as a director. There have been no transactions involving the Company or any of its subsidiaries in which Mr. Desai has or will have a direct or indirect material interest that are required to be disclosed by Item 404(a) of Regulation S-K.