Ethan Allen board commits to naming next CEO by June 30, 2027; Kathwari to stay as non-executive director

ETHAN ALLEN INTERIORS INC

Board will publicly announce next CEO no later than June 30, 2027, when Farooq Kathwari's contract ends.
Independent committee engaged a national executive search firm; internal and external candidates considered.
Kathwari remains chairman, president and CEO through transition, then non-executive until 2027 annual meeting.
Board cites orderly, well-governed transition; Kathwari, largest shareholder, supports process.

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