John Reed

Chief Executive Officer and Chairman of the Board at Arhaus

Board

Since February 2017

Age

70 years

Tenure

Joined ARHS as a co-founder in 1986, served as CEO from January 1997 to December 2015, resumed as CEO in February 2017, and became Chairman of the Board in July 2021.

Also at Arhaus

Allison Sutley

Chief Information Officer

Jennifer Porter

Chief Marketing and eCommerce Officer

Kathy Veltri

Chief Retail Officer

About

John Reed is a seasoned executive with a long-standing association with ARHS, demonstrating extensive leadership in the home furnishings industry.

He co-founded the company in 1986 and later held multiple key roles, including CEO from January 1997 until December 2015, before resuming the role in February 2017. In addition, he was appointed Chairman of the Board in July 2021.

While his personal details are scarce aside from his age (70), his professional journey reflects a commitment to craft, responsibility, and strategic growth at ARHS.

$ARHS Performance Under John Reed

Past Roles

Organization	Role	Date Range	Details
Arhaus, Inc.	Chief Executive Officer	January 1997 - December 2015	Previous tenure before resuming the role in February 2017

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,499,680	Annual	3.0% increase from 2023 base salary ($1,456,000)
Stock Awards	$0	N/A	No stock awards granted
All Other Compensation	$766,248	Varies	Breakdown: Long-term disability insurance premiums: $1,290; Discount on merchandise: $91,366; 401(k) matching: $13,507; Personal use of company airplane: $639,094; Club memberships: $3,362; Executive healthcare: $16,000; Incidental travel expenses: $1,629

Performance Compensation

Data from FY 2024

Performance Compensation (Annual Incentive Plan - AIP)

John Reed’s performance compensation for 2024 is structured under a cash-based incentive plan with the following details:

Metric	Threshold	Target	Maximum
Payout as % of Target Incentive	25%	100%	200%
Estimated Payout (USD)	$223,692	$894,768	$1,789,536

Additional Details

Performance Metrics: Adjusted EBITDA (before bonus) and Demand.
Target Incentive: Set at 60% of base salary.
Conditions: Payouts depend on achieving both metrics. In fiscal 2024, although Demand was met at target, Adjusted EBITDA was below the threshold, resulting in no payout.
Vesting Schedule: Not applicable as the plan is cash-based.
Evaluation Period: Fiscal year 2024.
Grant Date & Fair Value: Not applicable for cash-based incentive compensation.