Ethan Allen shareholder Bergeron urges vote to replace entire board ahead of annual meeting
Bitget2026/10/26 23:15- Doug Bergeron urged Ethan Allen shareholders to elect his five director nominees at the November 4, 2026, annual meeting.
- Bergeron’s group owns approximately 5.2% of outstanding common stock.
- ISS, Glass Lewis and Egan-Jones recommended removing Chairman and CEO Farooq Kathwari and lead independent director David Sable, according to Bergeron.
- Bergeron argued ISS’s recommendation would leave three incumbents controlling the five-member board, preventing meaningful change.
- ISS criticized prolonged underperformance, reactive CEO succession planning and a lack of board transparency.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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