Ethan Allen shareholder Bergeron seeks board overhaul with five-director slate for 2026 meeting
ETD•Proposed director slate
The proposed slate includes Bergeron, Anna Brockway, Kristine Miller, Steve Oblak and Stefanie Tsen Ward.
Activist shareholder files preliminary proxy
Activist shareholder Doug Bergeron filed a preliminary proxy to nominate five directors for Ethan Allen’s 2026 annual meeting.
Bergeron disclosed 5.2% beneficial ownership, including affiliates and associates.
Campaign targets management and capital allocation
The campaign targets CEO Farooq Kathwari, citing long-term underperformance, declining revenue since 2006, weak governance and lost market share.
Bergeron also criticized special dividends as draining cash, and urged the company to reinvest in digital tools, omnichannel capabilities, marketing and retail execution.
