Ethan Allen Announces Corporate Structure and Executive Promotions
August 03 2005 - 4:22PM
Business Wire
Ethan Allen Interiors, Inc. (NYSE: ETH) 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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