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Ethan Allen CEO Ousted After Four Decades As Activist Wins Board Seats

· forbes.com · popularity 34/100 · 0 similar stories today

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Summary

Ethan Allen is facing its biggest leadership shake-up in decades after shareholders voted to remove longtime chair and CEO Farooq Kathwari from the board, handing activist investor Doug Bergeron effective control of the furniture retailer. The preliminary results of the company’s Nov. 4 annual …

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