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Ethan Allen Board Takeover by Activist Investor Doug Bergeron

  • Utah-based investor Doug Bergeron led a successful board takeover at Ethan Allen.
  • Three of Ethan Allen’s five board members were ousted in a shareholder vote.
  • Doug Bergeron, former CEO of Verifone, is now in control of Ethan Allen’s board.
  • Ethan Allen CEO, who had been with the company for four decades, was ousted.
  • Bergeron aims to triple shareholder value and improve company performance.

Timeline

  1. Activist Investor Seizes Control of Ethan Allen

    An activist investor has taken control of Ethan Allen's board, alleging misuse of a biopharma company by a director.

  2. Ethan Allen CEO Ousted After Board Takeover

    Ethan Allen's CEO steps down after an activist investor wins majority control of the board, marking the end of a four-decade tenure.

  3. Utah Investor Leads Ethan Allen Board Takeover

    A Utah-based investor leads the takeover of Ethan Allen's board, promising growth and ousting three board members.

  4. Latest

    Ethan Allen Shareholders Approve Board Control Transfer

    Ethan Allen shareholders approve the transfer of board control to activist investor Doug Bergeron.

Articles (5)

Ethan Allen Board Takeover by Activist Investor Doug Bergeron | Split Angle