Ethan Allen board launches CEO succession search, targets new chief by June 30, 2027

Ethan Allen launched a formal CEO succession process, setting a deadline to name a new chief executive by June 30, 2027.

The board’s independent governance committee retained a national executive search firm to evaluate internal and external candidates.

Farooq Kathwari will remain CEO through the transition, then stay on as a non-executive director until the 2027 annual meeting.

Management will continue executing strategic priorities, including digital transformation, omnichannel initiatives, supply chain efficiency, and cost discipline.