Ethan Allen Interiors Seeks Shareholder Support for Board Slate Amid CEO Transition
MT newswire2026/10/30 13:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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09:25 AM EDT, 10/30/2026 (MT Newswires) -- Ethan Allen Interiors (ETD) urged shareholders to back its five board nominees and withhold votes from all five candidates nominated by activist investor DGB ahead of the Nov. 4 annual meeting, the company said Friday. The company said its independent directors are leading a chief executive search, with a successor expected to be announced by June 30, 2027. Current CEO Farooq Kathwari will transition to a non-executive director role after the CEO transition until the 2027 annual meeting, when he will leave the board, it added. Ethan Allen Interiors shares are down 1.1% in premarket activity.
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