Ethan Allen urges vote against DGB bid to replace entire board ahead of November 4 meeting
ETD•Ethan Allen urged shareholders to elect its five director nominees over DGB’s competing slate at the November 4 vote. The company said the board is evaluating internal and external CEO candidates and expects to announce a successor by June 30, 2027.
1. Shareholder vote
Ethan Allen urged shareholders to elect its five director nominees, four of whom are independent, instead of DGB’s slate, which seeks to replace the entire board. The company said DGB has not substantiated its financial projections or demonstrated a superior strategy, and warned that replacing the board would disrupt growth initiatives and the CEO transition.
