PARK CITY, Utah — Doug Bergeron, a 5% shareholder of furniture manufacturer and Top 100 retailer Ethan Allen, has nominated six new director candidates in an effort to overhaul the company’s board and revive growth.In an open letter to shareholders, Bergeron compared the Danbury, Conn.-based company with a “melting ice cube” and argued that the company has failed to grow due to an outdated strateg…
Ethan Allen shareholder likens company to ‘melting ice cube’ – Furniture Today
