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DGB Investments founder Douglas Bergeron is pushing to make major changes at Ethan Allen. The activist investor says CEO and Chairman Farooq Kathwari needs to be removed and be replaced by Stefanie Tsen Ward.
Next CEO to Be Announced by June 30, 2027; CEO and Chair Roles to be Separate Doug Bergeron's Flawed Track Record as CEO Raises Questions over Accountability and Leadership DANBURY, CT, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today urged shareholders to vote FOR all five Company nominees and WITHHOLD on all five DGB nominees on the BLUE proxy card ahead of the Company's November 4, 2026 Annual Meeting of Stockholders. Ethan Allen's shareholders face a consequential decision: who will select the Company's next CEO, oversee its growth investments and be accountable for the results.
PARK CITY, Utah--(BUSINESS WIRE)--Doug Bergeron, a significant shareholder of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) with beneficial ownership, collectively with his affiliates and associates, of approximately 5.2% of Ethan Allen's outstanding common stock, today highlighted the undisclosed record of incumbent director Cynthia Ekberg Tsai, who is seeking re-election to Ethan Allen's Board of Directors (the “Board”) at the Company's 2026 Annual Meeting of Stockho.
PARK CITY, Utah--(BUSINESS WIRE)--Doug Bergeron, a significant shareholder of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) with beneficial ownership, collectively with his affiliates and associates, of approximately 5.2% of Ethan Allen's outstanding common stock, today announced that his director nominees, if elected, intend to recommend that the Company's Board of Directors (the “Board”) appoint Stefanie Tsen Ward as interim Chief Executive Officer of Ethan Allen fol.
Ethan Allen reaffirms case for all five Company nominees ISS notes DGB has not identified an interim CEO candidate Urges Shareholders to Vote FOR All Five Company Nominees on the BLUE Proxy Card DANBURY, CT, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD), a leading interior design company, manufacturer and retailer in the home furnishings marketplace, today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that shareholders vote for a majority of the Company's nominees and NOT to support DGB Investment's proposal to replace the Company's entire Board of Directors (the “Board”) at Ethan Allen's 2026 Annual Meeting of Stockholders on November 4, 2026. The Board expressly disagrees with ISS's recommendation to replace M.
PARK CITY, Utah--(BUSINESS WIRE)--Doug Bergeron, a significant shareholder of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) with beneficial ownership, collectively with his affiliates and associates, of approximately 5.2% of Ethan Allen's outstanding common stock, today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has joined Glass, Lewis & Co. (“Glass Lewis”) and Egan-Jones Proxy Services (“Egan-Jones”) in r.
PARK CITY, Utah--(BUSINESS WIRE)--Doug Bergeron, a significant shareholder of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) with beneficial ownership, collectively with his affiliates and associates, of approximately 5.2% of Ethan Allen's outstanding common stock, today announced that leading independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that Ethan Allen shareholders vote on the WHITE universal proxy card “FOR” ALL FIVE of his h.
Ethan Allen Interiors remains a 'buy' due to its strong balance sheet and extremely low valuation multiples, despite ongoing sales and profit declines. ETD faces significant macroeconomic headwinds, including weak housing activity, rising interest rates, and declining retail and wholesale orders. An activist investor is pushing for board and leadership changes, arguing for modernization and growth over continued dividend prioritization.