A NEW DAY AT ETHAN ALLEN
Globe Newswire•10/11/2026•07:00 ET
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Key Highlights
- ➤Stefanie Tsen Ward appointed interim CEO, effective November 9, 2026
- ➤Ethan Allen begins strategic reset under a newly constituted Board
- ➤Farooq Kathwari is no longer with the Company
- ➤Douglas G. Bergeron named Executive Chairman; Kristine E. Miller named Lead Independent Director
- ➤Anna Brockway, Lindsay O’Reilly and Adam Treanor appointed directors
Expert Statements
Douglas G. Bergeron, Executive Chairman of Ethan Allen
“Today marks Day One of our 100 day plan. Every one of our new directors are working on the ground in Danbury rolling up their sleeves with management to identify early wins we can actualize now. This week we also are visiting our manufacturing facilities in Vermont, Virginia and North Carolina to meet the people who make our products great.”
Stefanie Tsen Ward, Interim Chief Executive Officer and Director of Ethan Allen
“I am energized by the conversations already underway and to work alongside designers across our network of design centers and our HQ team to bring fresh ideas to life. Together we will build a culture of openness, collaboration and accountability, moving with the speed and urgency needed to drive Ethan Allen forward.”
Douglas G. Bergeron, Executive Chairman of Ethan Allen
“More than 250 years ago, the man whose name this Company carries wrote of a spring morning at Fort Ticonderoga, ‘The sun seemed to rise that morning with a superior lustre.' For the employees, customers and shareholders of Ethan Allen, a new day begins.”
Proven Retail Operator Stefanie Tsen Ward Appointed Interim Chief Executive Officer
Stefanie Tsen Ward, Anna Brockway, Lindsay O’Reilly and Adam Treanor Appointed to Board, Providing Robust Oversight and Full Suite of Capabilities to Create Shareholder Value
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