Ethan Allen Interiors Inc. Announces Executive Changes
August 04, 2021 at 06:05 am EDT
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On August 3, 2021, Dr. James W. Schmotter notified the Board of Directors of Ethan Allen Interiors Inc. that he has decided to retire from the Board, effective the date of the company’s 2021 Annual Meeting of Stockholders. Dr. Schmotter, who serves on both the Audit and Corporate Governance, Nominations and Sustainability committees, intends to finish his current term. Effective August 1, 2021, Daniel M. Grow stepped down from his position of Senior Vice President, Business Development and as such, is no longer an executive officer of the company. Mr. Grow, who has been with the company since 2009 and had been in his current role since 2015, will remain as a Vice President, employed by the company, focusing on strategic initiatives.
Ethan Allen Interiors Inc. is an interior design company, which is a manufacturer and retailer in the home furnishings marketplace. The Company operates through two segments: wholesale and retail. The wholesale segment is involved in the development of the Ethan Allen brand and encompasses all aspects of design, manufacturing, sourcing, marketing, sale, and distribution of the Companyâs broad range of home furnishings and accents. The retail segment sells home furnishings and accents to clients through a network of 139 Company-operated design centers. The Company operates approximately 139 retail design centers with 135 located in the United States and four in Canada. The Company also owns and operates ten manufacturing facilities, including four manufacturing plants, one sawmill, one rough mill and one kiln dry lumberyard in the United States, two manufacturing plants in Mexico and one manufacturing plant in Honduras.
ETHAN ALLEN INTERIORS INC. 
