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Ethan Allen Announces New Corporate Structure and Executive Promotions

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Ethan Allen Interiors, Inc. has completed the establishment of several wholly owned subsidiary companies to better reflect the various operations of the vertically integrated manufacturer and retailer of home furnishings. Ethan Allen Global, Inc. is focused on developing the marketing programs of the company and also is responsible for the overall corporate financial functions. Ethan Allen Operations, Inc. is involved in the sourcing and logistics of the company. Ethan Allen Retail, Inc. manages the retail stores operated by the company. Chairman and CEO Farooq Kathwari stated, "I am pleased to announce the promotions of Corey Whitely, currently Vice President of Operations, to the position of Executive Vice President of Ethan Allen Operations, Inc. and Ed Teplitz, currently Vice President and General Manager of the Retail Division, to the position of Executive Vice President of Ethan Allen Retail, Inc. I am pleased with the continued development and strengthening of our management team." Corey Whitely started his association with Ethan Allen in 1988 in Cedar Rapids, Iowa as a General Manager and has progressively taken on management responsibility in the retail and operations of the company. Ed Teplitz started as an Ethan Allen independent retailer in 1993 in Pittsburgh and joined corporate in 2001 as Vice President Finance, and took on the responsibility of the Retail Division in 2003. Ethan Allen Interiors Inc. is a vertically integrated manufacturer and retailer. The company sells its full range of home furnishings products through an exclusive international network of 313 retail stores, of which 126 are company-owned. Ethan Allen has 12 manufacturing facilities in the U.S.

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