Ethan Allen Interiors Inc. filed a current report on September 21, 2026, disclosing that its Board of Directors has committed to publicly announcing the company's next Chief Executive Officer no later than June 30, 2027.

Key Highlights

  • CEO succession deadline set: The Board committed to naming the next CEO no later than June 30, 2027.
  • Incumbent departure date: June 30, 2027 is the scheduled end date of M. Farooq Kathwari's current employment agreement with the company.
  • Kathwari's current roles: M. Farooq Kathwari currently serves as Chairman, President, and Chief Executive Officer of Ethan Allen Interiors Inc.
  • Post-CEO board role: As part of the planned succession, Kathwari agreed to remain a non-executive member of the Board until the company's 2027 annual meeting of stockholders.
  • Board departure: At the 2027 annual meeting of stockholders, Kathwari will step down from the Board entirely.
  • Filing signed by: Matthew J. McNulty, Senior Vice President, Chief Financial Officer and Treasurer, as Principal Financial Officer.

Ethan Allen Board Sets Formal CEO Transition Plan Through Mid-2027

According to the filing, Ethan Allen Interiors Inc. (NYSE:ETD), a Delaware-incorporated home furnishings company headquartered at 25 Lake Avenue Ext., Danbury, Connecticut, disclosed on September 21, 2026 that its Board of Directors has committed to publicly announcing a successor CEO. The announcement is to come no later than June 30, 2027, which the filing identifies as the date on which M. Farooq Kathwari's current employment agreement with the company is scheduled to end.

The filing was submitted under Item 5.02, covering departures and appointments of directors and certain officers. The disclosure was accompanied by a press release, filed as Exhibit 99.1 and dated September 21, 2026, which is incorporated by reference into the current report. The filing also checked the box indicating it constitutes soliciting material pursuant to Rule 14a-12 under the Exchange Act.

As part of the planned succession arrangement described in the filing, Kathwari agreed to remain as a non-executive member of the Board following the conclusion of his executive tenure. He is expected to continue in that non-executive capacity until the company's 2027 annual meeting of stockholders, at which point he will step down from the Board entirely. The filing does not identify any specific candidate for the CEO role or provide additional details about the selection process.

What Was Disclosed

Ethan Allen Interiors Inc. reported that its Board has committed to naming a new CEO by June 30, 2027, when current Chairman, President, and CEO M. Farooq Kathwari's employment agreement ends. Kathwari will remain a non-executive board member until the 2027 annual stockholder meeting.