Add as a preferred source on GoogleDGB Plans to Name Stefanie Tsen Ward Interim CEO at Ethan Allen
The appointment depends on the board challenge succeeding. Shareholders will vote Wednesday, Nov. 4, and activist investor Doug Bergeron holds a 5.2% stake.
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.
Sonny Jang
ReporterSonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.