Browsing Tag
Farooq Kathwari
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Ethan Allen will split CEO and chair roles, but who gets to choose Farooq Kathwari’s successor?
Ethan Allen has committed to naming a new chief executive by June 30, 2027 and separating its CEO and chair roles as a contested board election reaches its final days. Shareholders are effectively deciding not only who sits on the board, but which group will control a leadership transition at a debt-free company whose sales and operating profit declined in fiscal 2026.