Doug Bergeron Identifies Proven Retail Operator Stefanie Tsen Ward as Interim CEO Candidate for Ethan Allen
Activist shareholder Doug Bergeron, holding roughly 5.2% of Ethan Allen, announced his five director nominees would recommend Stefanie Tsen Ward as interim CEO if elected at the November 4 annual meeting. Ward is a luxury retail operator formerly of Neiman Marcus, Sephora, and Louis Vuitton, where she led omnichannel transformation overseeing about 70% of Neiman Marcus revenue. Bergeron argues the incumbent board should not select Kathwari's successor after delayed succession planning, noting all three major proxy advisory firms recommended removing Kathwari from the board.
Key figures
- Nominees
- 5
- Ward prior scope
- oversaw ~70% of Neiman Marcus revenue, 40+ stores, 6,000 associates
- Activist ownership
- 5.2%
- Annual meeting date
- November 4, 2026
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