{"id":1002366,"date":"2026-09-10T08:04:27","date_gmt":"2026-09-10T12:04:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\/"},"modified":"2026-09-10T08:04:27","modified_gmt":"2026-09-10T12:04:27","slug":"doug-bergeron-launches-search-for-new-ceo-of-ethan-allen","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\/","title":{"rendered":"Doug Bergeron Launches Search for New CEO of Ethan Allen"},"content":{"rendered":"

<\/p>\n

Doug Bergeron Launches Search for New CEO of Ethan Allen<\/b><\/p>\n

Company Desperately Needs Refreshed Leadership to Improve Execution and Restore Profitable Growth<\/i><\/b><\/p>\n

Leading Global Executive Search Firm Selected for CEO Search<\/i><\/b><\/p>\n

PARK CITY, Utah–(BUSINESS WIRE<\/a>)–
\nDoug 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 5.2% of Ethan Allen\u2019s outstanding common stock, today announced that he has launched an independent search for the next Chief Executive Officer of Ethan Allen in advance of the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201c2026 Annual Meeting\u201d).1<\/sup><\/p>\n

\nMr. Bergeron and his nominees to the Ethan Allen Board of Directors (the \u201cBoard\u201d) at the 2026 Annual Meeting are committed to hitting the ground running if elected. To that end, they have selected a leading global executive search firm for the CEO search, a process they have initiated independently given the Board\u2019s apparent unwillingness to address the need for a CEO succession. On August 7, 2026, the Company filed documentation with the SEC containing statements from its Chairman and CEO stating that the issue of succession has never been raised: \u201cI\u2019m a mountain climber. I\u2019m a sports person. I have a boat; I have a farm. So yes, the fact is, if I believe that I don\u2019t have the energy or the ability or the mind to run a business, then I should not be doing it. Our board, everybody else, has never raised this issue.\u201d<\/p>\n

\nKristine Miller, one of Mr. Bergeron’s nominees to the Board, will lead the search process, supported by fellow nominees Anna Brockway, Steve Oblak, Stefanie Tsen Ward, and Mr. Bergeron. Ms. Miller previously served as Chief Strategy Officer of eBay Inc. (NASDAQ: EBAY) and spent 24 years at Bain & Company, including as Head of the North America retail practice. She is an experienced public company director, and she and Mr. Bergeron bring extensive experience identifying, evaluating, and overseeing senior executives. Ms. Miller commented, \u201cEthan Allen is a unique heritage brand with strong assets, and I am excited to work with my fellow director nominees to identify a leader with the strategic vision and operating experience to unlock its full potential.\u201d<\/p>\n

\nThe nominees\u2019 work to date includes:<\/p>\n

    \n
  1. \nEstablishing a CEO success profile centered on proven operating leadership, relevant experience in modern omnichannel retail and branded consumer businesses, and a demonstrated record of driving profitable growth and shareholder returns;<\/p>\n<\/li>\n
  2. \nDefining the executive archetypes best equipped to revitalize Ethan Allen’s brand, customer experience and digital capabilities, while preserving the craftsmanship and manufacturing excellence that define the Company; and<\/p>\n<\/li>\n
  3. \nIdentifying high-caliber CEO candidates, prioritizing proven leaders with experience driving profitable growth, modernizing brands and customer experiences, building high-performing organizations, and successfully navigating transformation in retail and consumer businesses.<\/p>\n<\/li>\n<\/ol>\n

    \nMr. Bergeron commented, \u201cEthan Allen has all the ingredients needed to compete and win in the home furnishings industry. What it has lacked is leadership capable of putting its considerable assets to work. We are approaching the CEO search with the rigor it deserves, and we are very encouraged by both the caliber of potential candidates identified to date and the substantial unsolicited inbound interest we have received from accomplished executives who see the same opportunity for the Company that we do. Shareholders have waited far too long for results and accountability under the 38-year tenure of entrenched Chairman, President and CEO Farooq Kathwari, and we are pleased to begin the process to deliver them.<\/p>\n

    \n\u201cThis is an exciting time for the future of Ethan Allen and for its customers, employees and shareholders.\u201d<\/p>\n

    \nFor more information on Mr. Bergeron\u2019s campaign, including the case for change and nominee biographies, shareholders are encouraged to visit www.EthanAllenGrowth.com<\/a>.<\/p>\n

    CERTAIN INFORMATION CONCERNING THE PARTICIPANTS<\/b><\/p>\n

    \nDGB Investment, Inc. (\u201cDGB Investment\u201d) and Douglas G. Bergeron, together with the other participants named herein, have filed a preliminary proxy statement and accompanying WHITE universal proxy card with the Securities and Exchange Commission (\u201cSEC\u201d) to be used to solicit proxies with respect to the election of DGB Investment\u2019s slate of highly qualified director candidates and the other proposals to be presented at the 2026 annual meeting of stockholders of Ethan Allen Interiors Inc., a Delaware corporation (\u201cETD\u201d or the \u201cCompany\u201d).<\/p>\n

    \nTHE PARTICIPANTS STRONGLY ADVISE ALL STOCKHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS, INCLUDING A PROXY CARD, AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC\u2019S WEB SITE AT HTTP:\/\/WWW.SEC.GOV<\/a>. IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS\u2019 PROXY SOLICITOR.<\/p>\n

    \nThe participants in the solicitation are expected to be DGB Investment, Douglas Bergeron Qualified Personal Residence Trust (the \u201cResidence Trust\u201d), Bergeron Nieces and Nephews Trust (the \u201cNieces and Nephews Trust\u201d), Douglas G. Bergeron, Jennifer M. Harrison, Anna Brockway, Kristine E. Miller, Stephen Oblak and Stefanie Tsen Ward.<\/p>\n

    \nAs of the date hereof, DGB Investment directly beneficially owns 1,050,000 shares of the Company\u2019s Common Stock, $0.01 par value per share (the \u201cCommon Stock\u201d). As of the date hereof, the Residence Trust directly beneficially owns 90,000 shares of Common Stock. As of the date hereof, the Nieces and Nephews Trust directly beneficially owns 135,000 shares of Common Stock. Mr. Bergeron, as President and sole stockholder of DGB Investment and as trust advisor for each of the Residence Trust and the Nieces and Nephews Trust, may be deemed to beneficially own the 1,275,000 shares of Common Stock directly beneficially owned in the aggregate by DGB Investment, the Residence Trust and the Nieces and Nephews Trust. As of the date hereof, Ms. Harrison directly beneficially owns 25,000 shares of Common Stock. As of the date hereof, Mses. Brockway, Miller and Ward and Mr. Oblak do not beneficially own any shares of Common Stock.<\/p>\n

    1<\/sup> There is no guarantee that any candidate identified through this search will be appointed as CEO. Any CEO appointment will require approval by the Board, the composition of which will depend on the outcome of the upcoming election at the 2026 Annual Meeting.<\/p>\n

    \"\"<\/p>\n

    View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260909870646\/en\/<\/a><\/span><\/p>\n

    \nMedia Contact:
    \n
    DGB@gasthalter.com<\/a><\/p>\n

    \nInvestor Contact:
    \n
    Bruce Goldfarb \/ Chuck Garske
    \n
    Okapi Partners
    \n
    (877) 285-5990
    \n
    info@okapipartners.com<\/a><\/p>\n

    KEYWORDS:<\/b> Utah United States North America<\/p>\n

    INDUSTRY KEYWORDS:<\/b> Retail Home Goods Specialty Other Retail<\/p>\n

    MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

    Doug Bergeron Launches Search for New CEO of Ethan Allen Company Desperately Needs Refreshed Leadership to Improve Execution and Restore Profitable Growth Leading Global Executive Search Firm Selected for CEO Search 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 5.2% of Ethan Allen\u2019s outstanding common stock, today announced that he has launched an independent search for the next Chief Executive Officer of Ethan Allen in advance of the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201c2026 Annual Meeting\u201d).1 Mr. Bergeron and his nominees to the Ethan Allen Board of Directors (the \u201cBoard\u201d) at the 2026 Annual Meeting … <\/p>\n

    Continue reading “Doug Bergeron Launches Search for New CEO of Ethan Allen”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1002366","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDoug Bergeron Launches Search for New CEO of Ethan Allen - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doug Bergeron Launches Search for New CEO of Ethan Allen - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Doug Bergeron Launches Search for New CEO of Ethan Allen Company Desperately Needs Refreshed Leadership to Improve Execution and Restore Profitable Growth Leading Global Executive Search Firm Selected for CEO Search 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 5.2% of Ethan Allen\u2019s outstanding common stock, today announced that he has launched an independent search for the next Chief Executive Officer of Ethan Allen in advance of the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201c2026 Annual Meeting\u201d).1 Mr. Bergeron and his nominees to the Ethan Allen Board of Directors (the \u201cBoard\u201d) at the 2026 Annual Meeting … Continue reading "Doug Bergeron Launches Search for New CEO of Ethan Allen"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-10T12:04:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260909870646r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Doug Bergeron Launches Search for New CEO of Ethan Allen\",\"datePublished\":\"2026-09-10T12:04:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\\\/\"},\"wordCount\":1083,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260909870646r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/doug-bergeron-launches-search-for-new-ceo-of-ethan-allen\\\/\",\"name\":\"Doug Bergeron Launches Search for New CEO of Ethan Allen - 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