Ethan Allen shareholder Bergeron urges vote to replace entire board ahead of annual meeting
ETD•Doug Bergeron urged Ethan Allen shareholders to elect his five director nominees at the November 4, 2026, annual meeting. His group owns approximately 5.2% of outstanding common stock.
1. Board vote campaign
Bergeron urged shareholders to elect his five nominees, arguing that ISS’s recommendation to remove Chairman and CEO Farooq Kathwari and lead independent director David Sable would leave three incumbents controlling the five-member board. He said that would prevent meaningful change; ISS criticized prolonged underperformance, reactive CEO succession planning and a lack of board transparency.
