DGB Plans to Name Stefanie Tsen Ward Interim CEO at Ethan Allen
Photo: TokenPost
Ethan Allen Interiors shareholders will decide Wednesday, Nov. 4, whether to replace the board, a vote that could set up an interim CEO appointment under an activist investor's plan. DGB Investments would appoint Stefanie Tsen Ward to the role if its campaign succeeds. Ward has held senior positions at Neiman Marcus, Sephora and Louis Vuitton. Activist investor Doug Bergeron holds a 5.2% stake in Ethan Allen. CEO Farooq Kathwari remains in the job as the board plans a CEO transition by 2027. Glass Lewis has urged shareholders to replace all five directors, including Kathwari , before the annual meeting.
Source: TokenPost
