{"id":1010424,"date":"2026-10-15T06:09:20","date_gmt":"2026-10-15T10:09:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-right-nominees-and-plan-to-renew-an-american-icon-doug-bergeron-sends-letter-to-ethan-allen-shareholders\/"},"modified":"2026-10-15T06:09:20","modified_gmt":"2026-10-15T10:09:20","slug":"the-right-nominees-and-plan-to-renew-an-american-icon-doug-bergeron-sends-letter-to-ethan-allen-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-right-nominees-and-plan-to-renew-an-american-icon-doug-bergeron-sends-letter-to-ethan-allen-shareholders\/","title":{"rendered":"The Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders"},"content":{"rendered":"

<\/p>\n

The Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders<\/b><\/p>\n

Challenges the Board’s Assertion That Continuity is the Safer Path Following Two Decades of Declining Revenue, Profitability, and Shareholder Value<\/i><\/b><\/p>\n

Publishes Accountability Matrix That Contrasts Incumbent Directors’ Record of Underperformance and Lack of Relevant Expertise with the Proven Leadership and Capabilities of Mr. Bergeron\u2019s Five Nominees<\/i><\/b><\/p>\n

Details Actionable Plan to Break the Cycle of Contraction and Restore Profitable Growth While Maintaining a Regular Dividend at Ethan Allen Under New Board Leadership<\/i><\/b><\/p>\n

Urges Shareholders to Vote the WHITE<\/span> Universal Proxy Card \u201cFOR\u201d ALL<\/span> Five of Mr. Bergeron\u2019s Highly Qualified Director Nominees<\/i><\/b><\/p>\n

View the Letter and Related Materials at <\/i><\/b>www.EthanAllenGrowth.com\/Materials<\/i><\/b><\/a><\/p>\n

PARK CITY, Utah–(BUSINESS WIRE<\/a>)–
\nDoug Bergeron, a significant shareholder of Ethan Allen Interiors Inc. (\u201cEthan Allen\u201d or the \u201cCompany\u201d) (NYSE: ETD) with beneficial ownership, collectively with his affiliates and associates, of approximately 5.2% of Ethan Allen\u2019s outstanding common stock, today sent a letter to the Company\u2019s stockholders contrasting the track records and qualifications of the incumbent members of Ethan Allen\u2019s Board of Directors (the \u201cBoard\u201d) with those of Mr. Bergeron\u2019s five director nominees seeking election to the Board at the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d). The letter also outlines the credible, actionable plan Mr. Bergeron and his nominees have developed to help restore profitable growth and drive sustainable shareholder value at Ethan Allen, while maintaining a regular dividend.<\/p>\n

\nIn the letter, Mr. Bergeron challenges the Board\u2019s portrayal of continuity as the safer path forward, arguing that continuity at Ethan Allen means continued decline and continued irrelevance, and a regular dividend under threat of extinction. He highlights the Company\u2019s deteriorating earnings power and its aging customer base, and warns that Ethan Allen is a shrinking company whose recovery is growing more difficult and more costly by the day, necessitating an urgent change in leadership and direction.<\/p>\n

\nThe full text of the letter is available here<\/a>.<\/p>\n

\nAdditional materials related to Mr. Bergeron\u2019s campaign, including video interviews with his five director candidates, may be found at www.EthanAllenGrowth.com<\/a>. Shareholders are encouraged to follow the campaign\u2019s LinkedIn<\/a> and X<\/a> pages to stay informed in real time.<\/p>\n

PROTECT YOUR INVESTMENT. RENEW AN AMERICAN ICON. VOTE THE WHITE<\/span> UNIVERSAL PROXY CARD TODAY<\/b><\/p>\n

\nShareholders with questions on how to vote their shares may visit www.EthanAllenGrowth.com\/How-To-Vote<\/a>.<\/p>\n

ADDITIONAL INFORMATION<\/b><\/p>\n

\nDGB Investment, Inc. and Douglas G. Bergeron, together with the other participants in their solicitation (collectively, \u201cDGB\u201d), have filed a definitive 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\u2019s slate of highly qualified director candidates and the other proposals to be presented at the 2026 annual meeting of stockholders (the \u201cAnnual Meeting\u201d) of Ethan Allen Interiors Inc., a Delaware corporation (the \u201cCompany\u201d). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in DGB\u2019s proxy solicitation. These materials and other materials filed by DGB with the SEC in connection with the solicitation of proxies are available at no charge on the SEC\u2019s website at http:\/\/www.sec.gov<\/a>. The definitive proxy statement and other relevant documents filed by DGB with the SEC are also available, without charge, by directing a request to DGB\u2019s proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 285-5990 or via email at info@okapipartners.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261015851798\/en\/<\/a><\/span><\/p>\n

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

Investor 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> Home Goods Interior Design Retail Department Stores Construction & Property<\/p>\n

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

The Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders Challenges the Board’s Assertion That Continuity is the Safer Path Following Two Decades of Declining Revenue, Profitability, and Shareholder Value Publishes Accountability Matrix That Contrasts Incumbent Directors’ Record of Underperformance and Lack of Relevant Expertise with the Proven Leadership and Capabilities of Mr. Bergeron\u2019s Five Nominees Details Actionable Plan to Break the Cycle of Contraction and Restore Profitable Growth While Maintaining a Regular Dividend at Ethan Allen Under New Board Leadership Urges Shareholders to Vote the WHITE Universal Proxy Card \u201cFOR\u201d ALL Five of Mr. Bergeron\u2019s Highly Qualified Director Nominees View the Letter and Related Materials at www.EthanAllenGrowth.com\/Materials PARK CITY, Utah–(BUSINESS WIRE)– … <\/p>\n

Continue reading “The Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders”<\/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-1010424","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders - 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\/the-right-nominees-and-plan-to-renew-an-american-icon-doug-bergeron-sends-letter-to-ethan-allen-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Right Nominees and Plan to Renew an American Icon: Doug Bergeron Sends Letter to Ethan Allen Shareholders - 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