Bergeron files proxy to replace Ethan Allen board with five nominees
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Doug Bergeron, a shareholder holding approximately 5.2% of Ethan Allen Interiors Inc. (NYSE: ETD) common stock, has filed a definitive proxy statement with the U.S. Securities and Exchange Commission nominating five candidates for election to Ethan Allen's board of directors at the company's 2026 annual meeting of stockholders.
Bergeron, acting through DGB Investment, Inc., also sent a letter to Ethan Allen stockholders arguing that the company's decline over two decades stems from leadership and execution failures rather than structural limitations of the business. The letter outlines a plan he says is intended to restore growth and generate shareholder value.
The proxy filing seeks to replace members of the current board with Bergeron's slate of five director candidates. Bergeron is urging shareholders to vote in favor of all five nominees using the white universal proxy card.
According to the press release, the definitive proxy statement and related materials are available on the SEC's website. Okapi Partners LLC is serving as proxy solicitor for Bergeron's campaign.
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