Venus Concept Announces Senior Management Changes

Rhea-AI Summary

Venus Concept (VERO) announced several senior leadership changes effective May 2026. Chief Revenue Officer Kirk Gunhus left on May 8, 2026 to pursue another opportunity. New appointments include Eric Letourneau as VP Sales USA, Jesus Alvarez-Quintero as VP Sales and GM LATAM & EMEA, expanded international responsibilities for Ross Portaro, and Michael Mandarello as Chief Legal Officer & Chief Operations Officer overseeing global operations.

AI-generated analysis. Not financial advice.

Positive

• Multiple internal leaders promoted to senior commercial roles across USA, LATAM and EMEA
• Clearer global sales oversight with Ross Portaro leading international strategy
• Creation/expansion of Chief Legal Officer & Chief Operations Officer role for global execution
• Defined responsibilities for Field Service, Logistics and Sales Operations under one executive

Negative

• Chief Revenue Officer departure during ongoing commercial turnaround period
• Leadership transition in global revenue and sales organization may create near-term execution risk

TORONTO, May 13, 2026 (GLOBE NEWSWIRE) -- Venus Concept Inc. (“Venus Concept” or the “Company”), a global medical aesthetic technology leader, today announced changes to its senior leadership team.

Kirk Gunhus, Chief Revenue Officer, departed the Company as of May 8^th, 2026, to pursue another professional opportunity. Mr. Gunhus joined Venus in 2023 and had a central role in shaping the Company’s global commercial strategy during a pivotal turnaround period. The Company expresses its appreciation for Mr. Gunhus’s contribution to Venus Concept.

With his departure, Venus Concept has appointed Eric Letourneau to the position of Vice President, Sales, USA, with responsibility for Sales, Practice Development and Sales Training, in the United States.

Internationally, Ross Portaro, EVP Commercial Strategy and Head of Venus Hair, assumes oversight responsibility for direct sales and distribution strategy in international markets. Jesus Alvarez-Quintero was appointed Vice President of Sales and General Manager, LATAM & EMEA, with additional responsibility for sales execution in the EMEA region.

The Company has also appointed Michael Mandarello to the position of Chief Legal Officer & Chief Operations Officer. Mr. Mandarello will be responsible for global operational execution and strategy, with additional oversight of Field Service, Logistics and Sales Operations.

“Kirk has been instrumental in elevating our commercial organization and we thank him for all his efforts at Venus,” said Rajiv De Silva, Chief Executive Officer of Venus Concept. “We are thrilled to take this opportunity to elevate our internal talent to new leadership positions as we continue to execute on our growth initiatives. I want to congratulate Eric, Ross, Jesus and Michael, and look forward to working with them in their new roles.”

About Venus Concept

Venus Concept is an innovative global medical aesthetic technology leader with a broad product portfolio of minimally invasive and non-invasive medical aesthetic and hair restoration technologies and reaches over 60 countries and 9 direct markets. Venus Concept's product portfolio consists of aesthetic device platforms, including Venus NOVA, Venus Versa, Venus Versa PRO, Venus Bliss, Venus Bliss MAX, Venus Viva, Venus Viva MD, Venus Legacy, Venus Velocity, Venus Epileve and AI.ME. Venus Concept's hair restoration systems include NeoGraft^® and the ARTAS iX^® Robotic Hair Restoration system. Venus Concept is backed by Madryn Asset Management, a leading healthcare investment firm that provides capital to innovative growth-stage healthcare companies offering unique and transformative products and technologies.

Investor Relations Contact:

Damian Yeung, CPA

investorrelations@venus.ai

FAQ

What senior management changes did Venus Concept (VERO) announce on May 13, 2026?

Venus Concept announced the departure of its Chief Revenue Officer and several internal promotions. According to Venus Concept, new leaders now oversee U.S. sales, LATAM and EMEA sales, international strategy, and combined legal and operational functions globally.

Who is replacing the Chief Revenue Officer role at Venus Concept (VERO)?

Venus Concept did not name a new Chief Revenue Officer but reassigned responsibilities across other executives. According to Venus Concept, sales leadership shifted to regional and functional roles, including new U.S. sales, LATAM & EMEA, and operations leadership.

What role will Michael Mandarello have at Venus Concept (VERO)?

Michael Mandarello was appointed Chief Legal Officer & Chief Operations Officer with global responsibilities. According to Venus Concept, he will oversee operational execution, strategy, and functions such as Field Service, Logistics and Sales Operations across the organization.

How did Venus Concept (VERO) change its sales leadership structure in the United States?

Venus Concept appointed Eric Letourneau as Vice President, Sales, USA. According to Venus Concept, he will be responsible for U.S. Sales, Practice Development and Sales Training, aligning commercial activities within the domestic medical aesthetics and hair restoration markets.

What are Ross Portaro’s new responsibilities at Venus Concept (VERO)?

Ross Portaro, EVP Commercial Strategy and Head of Venus Hair, will oversee international sales strategy. According to Venus Concept, he now has responsibility for direct sales and distribution strategy across international markets beyond the United States.

What responsibilities were given to Jesus Alvarez-Quintero at Venus Concept (VERO)?

Jesus Alvarez-Quintero was appointed Vice President of Sales and General Manager, LATAM & EMEA. According to Venus Concept, he also assumes responsibility for sales execution specifically within the EMEA region in addition to broader regional leadership duties.