Ethan Allen holder takes stake, pushes for new board
3 Articles
3 Articles
Ethan Allen pushed by activist investor to replace board
Ethan Allen pushed by activist investor to replace board By Larry Adams August 5, 2026 | 1:00 pm CDT Woodworking Industry News FDMC 300 Ethan Allen pushed by activist investor to replace board By Larry Adams August 5, 2026 | 1:00 pm CDT Print DANBURY, Ct. — Activist investor Doug Bergeron has built a 5% stake in furniture company Ethan Allen and wants to replace its entire board because of disappointing financial results. Citing stagnant gr…
Breaking News: Major Ethan Allen shareholder urges company to replace board, executive leadership
Doug Bergeron said the retailer and manufacturer has grown stagnant, losing revenue and market share as its key competitors have grown DANBURY, Conn. — In an effort to revitalize growth amid competition from various lifestyle retailers, a major individual shareholder in Ethan Allen has said the company needs new leadership, from the CEO level to the entire board of directors. Doug Bergeron, who own 5% of the company’s common stock, said that thr…
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