Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses ETD in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ETD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| M. Farooq Kathwari | $1,150,050 | $0 | $1,517,988 | $0 | $1,037,300 | $0 | $127,996 | $3,833,334 |
| Chairman of the Board, President and Chief Executive Officer | ||||||||
| Amy Phillips | 500,000 | 0 | 250,017 | — | 135,300 | 0 | 2,664 | 887,981 |
| Executive Vice President, Retail Division | ||||||||
| Matthew McNulty | 410,000 | 0 | 184,490 | — | 92,455 | 0 | 2,664 | 689,609 |
| Senior Vice President, Chief Financial Officer and Treasurer | ||||||||
| Rebecca Thompson | 131,370 | 0 | 157,508 | — | 0 | 0 | 100,000 | 388,878 |
| Senior Vice President, Merchandising and Product Development | ||||||||
| Douglas Deifenbach | 304,151 | 35,000 | 0 | 0 | 0 | 0 | 2,497 | 341,647 |
| Senior Vice President, Business Development | ||||||||
| Catherine Plaisted | 273,671 | 35,000 | 0 | 0 | 0 | 0 | 2,424 | 311,095 |
| Senior Vice President, Marketing | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| M. Farooq Kathwari | $3,833,334 | $3,209,468 | $4,209,298 | +623,866 |
| Amy Phillips | 887,981 | 798,939 | 683,124 | +89,042 |
| Matthew McNulty | 689,609 | 631,013 | 557,369 | +58,596 |
| Rebecca Thompson | 388,878 | 374,426 | — | +14,452 |
| Douglas Deifenbach | 341,647 | — | — | — |
| Catherine Plaisted | 311,095 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| M. Farooq Kathwari | PSU | 2024-08-07 | — | 52,369 | — | 72,320 | $1,517,988 |
| Matthew McNulty | PSU | 2024-08-07 | — | 4,445 | — | 6,135 | 184,490 |
| Amy Phillips | PSU | 2024-08-07 | — | 6,506 | — | 8,977 | 250,017 |
| Rebecca Thompson | PSU | 2024-08-07 | — | 3,795 | — | 5,237 | 157,508 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| M. Farooq Kathwari | $0 | $1,517,988 | $0 | 100.0% |
| Matthew McNulty | 0 | 184,490 | 0 | 100.0% |
| Amy Phillips | 0 | 250,017 | 0 | 100.0% |
| Rebecca Thompson | 0 | 157,508 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| M. Farooq Kathwari | PSU | 43,355 | — | $1,207,437 |
| M. Farooq Kathwari | PSU | 12,916 | — | 359,711 |
| M. Farooq Kathwari | RSU | 126,000 | — | 3,509,100 |
| M. Farooq Kathwari | RSU | 45,569 | — | 1,269,097 |
| M. Farooq Kathwari | PSU | 32,419 | — | 902,869 |
| M. Farooq Kathwari | PSU | 27,103 | — | 754,819 |
| M. Farooq Kathwari | PSU | 7,243 | — | 201,718 |
| M. Farooq Kathwari | PSU | 5,313 | — | 147,967 |
| Amy Phillips | PSU | 4,160 | — | 115,856 |
| Amy Phillips | PSU | 4,034 | — | 112,347 |
| Amy Phillips | RSU | 2,786 | — | 77,590 |
| Matthew McNulty | PSU | 3,411 | — | 94,996 |
| Amy Phillips | PSU | 3,372 | — | 93,910 |
| Matthew McNulty | PSU | 2,016 | — | 56,146 |
| Matthew McNulty | PSU | 2,757 | — | 76,782 |
| Amy Phillips | PSU | 2,646 | — | 73,691 |
| Amy Phillips | PSU | 2,333 | — | 64,974 |
| Matthew McNulty | PSU | 2,304 | — | 64,166 |
| Matthew McNulty | RSU | 2,124 | — | 59,153 |
| Matthew McNulty | PSU | 1,913 | — | 53,277 |
| Amy Phillips | RSU | 1,000 | — | 27,850 |
| Matthew McNulty | RSU | 750 | — | 20,888 |
| Amy Phillips | PSU | 561 | — | 15,624 |
| Matthew McNulty | PSU | 513 | — | 14,287 |
| Diefenbach | RSU | 500 | — | 13,925 |
The Company's executive compensation program is driven by a pay-for-performance philosophy, with NEO pay linked to consolidated net sales, operating margin, and cash flow. The program is designed to align the interests of executive officers with those of stockholders by using a mix of fixed and variable compensation based on short-term and long-term financial metrics.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-11-05 | 19,242,249 | 1,224,072 | 107,497 | 94.02% | Passed |
| 2024 | 2024-11-06 | 20,919,542 | 279,328 | 123,257 | 98.68% | Passed |
| 2023 | 2023-11-09 | 18,331,707 | 240,608 | 105,899 | 98.7% | Passed |
| 2022 | 2022-11-09 | 18,854,836 | 494,756 | 99,751 | 97.44% | Passed |
| 2021 | 2021-11-30 | 20,233,723 | 437,401 | 58,385 | 97.88% | Passed |
| 2020 | 2020-11-12 | 21,094,778 | 430,035 | 147,916 | 98% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-11-05 | 94.02%a |
| 2024 | 2024-11-06 | 98.68%b |
| 2023 | 2023-11-09 | 98.7%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 92 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $41,578 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| John J. Dooner JrIndependent · Lead Independent Director · Compensation (Chair) · Audit · Corporate Governance, Nominations and Sustainability | $76,000 | — | $24,476 | — | — | $100,476 |
| Cynthia Ekberg TsaiIndependent · Audit Committee (Chair) · Compensation Committee · Corporate Governance, Nominations Sustainability Committee | 76,000 | — | 24,476 | — | — | 100,476 |
| David M. SableIndependent · Audit Committee · Compensation Committee · Corporate Governance, Nominations Sustainability Committee (Chair) | 68,000 | — | 24,476 | — | — | 92,476 |
| Tara I. StacomIndependent · Audit Committee · Corporate Governance, Nominations Sustainability Committee | 60,000 | — | 24,476 | — | — | 84,476 |
| Maria Eugenia CasarIndependent · Audit Committee · Corporate Governance, Nominations Sustainability Committee | 60,000 | — | 24,476 | — | — | 84,476 |
| M. Farooq KathwariEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | $100,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 16,000 / 8,000 / 8,000 |
| Stock ownership guideline | $3 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $340,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $340,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Ethan Allen Interiors names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Ethan Allen Interiors.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Steelcase Inc. | 2025 | Sara Armbruster | $1,031,250 | $6,254,266 | $0 | $2,434,373 | $10,173,889 |
| 2 | HNI Corporation | 2025 | Jeffrey Lorenger | 1,056,740 | 5,092,316 | 0 | 1,787,404 | 8,218,947 |
| 3 | La-Z-Boy Incorporated | 2026 | Melinda Whittington | 1,063,000 | 4,711,847 | 0 | 1,261,719 | 7,295,975 |
| 4 | Sleep Number Corporation | 2025 | Linda Findley | 853,846 | 4,104,519 | 0 | 0 | 6,233,574 |
| 5 | MillerKnoll, Inc. | 2026 | Andi Owen | 1,121,538 | 4,174,091 | 0 | 709,513 | 6,139,932 |
| 6 | Interface, Inc. | 2025 | Laurel Hurd | 930,000 | 2,821,999 | 0 | 1,769,325 | 5,651,488 |
| 7 | Arhaus, Inc. | 2025 | John Reed | 1,499,680 | 0 | 0 | 1,349,712 | 4,649,751 |
| 8 | Ethan Allen Interiors | 2025 | M. Farooq Kathwari | 1,150,050 | 1,517,988 | 0 | 1,037,300 | 3,833,334 |
| — | Bassett Furniture Industries, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Purple Innovation, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Flexsteel Industries, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Ethan Allen Interiors | not disclosed | not disclosed | not disclosed | not disclosed |
| Arhaus, Inc. | 90% | not disclosed | Yes — relative total shareholder return (TSR) | Aon plc |
| Bassett Furniture Industries, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Flexsteel Industries, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| HNI Corporation | 140% | PSU 50 · RSU 50 | No | Exequity LLP |
| Interface, Inc. | 152.2% | PSU 50 · RSU 50 | No | Pearl Meyer & Partners |
| La-Z-Boy Incorporated | not disclosed | RSU 50 · PSU 50 | not disclosed | Frederic W. Cook & Co., Inc. |
| MillerKnoll, Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Pay Governance LLC |
| Purple Innovation, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Sleep Number Corporation | not disclosed | PSU 50 · RSU 50 | Yes — Relative TSR | Frederic W. Cook & Co., Inc. (FW Cook) |
| Steelcase Inc. | 192% | PSU 60 · RSU 40 | Yes — rTSR | Compensation Advisory Partners (CAP) |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, M. Farooq Kathwari | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Summary Compensation Table”. As printed: 3,833,334. Filing ↗ |
| 2 | Section 01, Amy Phillips | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Summary Compensation Table”. As printed: 887,981. Filing ↗ |
| 3 | Section 01, Matthew McNulty | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Summary Compensation Table”. As printed: 689,609. Filing ↗ |
| 4 | Section 01, Rebecca Thompson | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Summary Compensation Table”. As printed: 388,878. Filing ↗ |
| 5 | Section 01, Douglas Deifenbach | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Summary Compensation Table”. As printed: 341,647. Filing ↗machine: span 904813–904820 |
| 6 | Section 01, Catherine Plaisted | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Summary Compensation Table”. As printed: 311,095. Filing ↗machine: span 918152–918159 |
| 7 | Section 03, M. Farooq Kathwari PSU | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 982388–982397 |
| 8 | Section 03, Matthew McNulty PSU | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 996884–996891 |
| 9 | Section 03, Amy Phillips PSU | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1011366–1011373 |
| 10 | Section 03, Rebecca Thompson PSU | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1028001–1028008 |
| 11 | Section 07, pay ratio | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “CEO Pay Ratio”. As printed: 92 : 1. Filing ↗machine: span 1385892–1385894 |
| 12 | Section 08, John J. Dooner Jr | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Director Compensation”. As printed: 100,476. Filing ↗machine: span 433472–433479 |
| 13 | Section 08, Cynthia Ekberg Tsai | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Director Compensation”. As printed: 100,476. Filing ↗machine: span 442955–442962 |
| 14 | Section 08, David M. Sable | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Director Compensation”. As printed: 92,476. Filing ↗machine: span 436294–436300 |
| 15 | Section 08, Tara I. Stacom | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Director Compensation”. As printed: 84,476. Filing ↗machine: span 439413–439419 |
| 16 | Section 08, Maria Eugenia Casar | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Director Compensation”. As printed: 84,476. Filing ↗machine: span 430348–430354 |
| 17 | Section 08, M. Farooq Kathwari | DEF 14A | 2025-09-26 | 0001104659-25-093869 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 06, 2025 vote | Form 8-K | 2025-11-05 | 0001437749-25-033364 | Item 5.07 · say-on-pay result. As reported: 94.02% (votes for as printed: 19,242,249). Filing ↗ |
| 19 | Section 06, 2024 vote | Form 8-K | 2024-11-06 | 0001437749-24-033641 | Item 5.07 · say-on-pay result. As reported: 98.68% (votes for as printed: 20,919,542). Filing ↗ |
| 20 | Section 06, 2023 vote | Form 8-K | 2023-11-09 | 0001437749-23-031309 | Item 5.07 · say-on-pay result. As reported: 98.7% (votes for as printed: 18,331,707). Filing ↗ |
| 21 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 22 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 23 | Section 09b board cost (computed) | Computed | — | computed | Cash 340,000 + equity 0 + all other 0 = 340,000, summed across the director compensation table rows.machine: formula: Σ = 340,000 |
| 24 | Steelcase Inc., Section 10b CEO total | DEF 14A | 2025-05-28 | 0001050825-25-000082 | CEO total compensation as printed in Steelcase Inc.'s own proxy. As printed: 10,173,889. Filing ↗machine: span 673033–673043 |
| 25 | HNI Corporation, Section 10b CEO total | DEF 14A | 2026-03-25 | 0001140361-26-011104 | CEO total compensation as printed in HNI Corporation's own proxy. As printed: 8,218,947. Filing ↗machine: t142 · r2 · c25 · span 751396–751405 |
| 26 | La-Z-Boy Incorporated, Section 10b CEO total | DEF 14A | 2026-07-15 | 0000057131-26-000024 | CEO total compensation as printed in La-Z-Boy Incorporated's own proxy. As printed: 7,295,975. Filing ↗machine: r3 · c21 · span 898934–898943 |
| 27 | Sleep Number Corporation, Section 10b CEO total | DEF 14A | 2026-04-08 | 0000827187-26-000031 | CEO total compensation as printed in Sleep Number Corporation's own proxy. As printed: 6,233,574. Filing ↗machine: t91 · r2 · c2 · span 1404923–1404930 |
| 28 | MillerKnoll, Inc., Section 10b CEO total | DEF 14A | 2026-08-28 | 0000066382-26-000143 | CEO total compensation as printed in MillerKnoll, Inc.'s own proxy. As printed: 6,139,932. Filing ↗machine: r2 · c24 · span 634666–634675 |
| 29 | Interface, Inc., Section 10b CEO total | DEF 14A | 2026-04-01 | 0001437749-26-010857 | CEO total compensation as printed in Interface, Inc.'s own proxy. As printed: 5,651,488. Filing ↗machine: r4 · c33 · span 602054–602063 |
| 30 | Arhaus, Inc., Section 10b CEO total | DEF 14A | 2026-04-02 | 0001193125-26-138942 | CEO total compensation as printed in Arhaus, Inc.'s own proxy. As printed: 4,649,751. Filing ↗machine: span 370210–370219 |
| 31 | Ethan Allen Interiors (subject), Section 10b CEO total | DEF 14A | 2025-09-26 | 0001104659-25-093869 | CEO total compensation as printed in Ethan Allen Interiors's own proxy. As printed: 3,833,334. Filing ↗ |
| 32 | Section 10a, MillerKnoll, Inc. reciprocity | DEF 14A | — | 0000066382-26-000143 | MillerKnoll, Inc.'s most recent proxy was read; its disclosed peer group does not include Ethan Allen Interiors. Filing ↗ |
| 33 | Section 10a, Sleep Number Corporation reciprocity | DEF 14A | — | 0000827187-25-000044 | Sleep Number Corporation names Ethan Allen Interiors in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 34 | Section 10a, Arhaus, Inc. reciprocity | DEF 14A | — | 0001193125-26-138942 | Arhaus, Inc. names Ethan Allen Interiors in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 35 | Section 10a, Interface, Inc. reciprocity | DEF 14A | — | 0001437749-26-010857 | Interface, Inc.'s most recent proxy was read; its disclosed peer group does not include Ethan Allen Interiors. Filing ↗ |
| 36 | Section 10a, La-Z-Boy Incorporated reciprocity | DEF 14A | — | 0000057131-26-000024 | La-Z-Boy Incorporated names Ethan Allen Interiors in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 37 | Section 10a, HNI Corporation reciprocity | DEF 14A | — | 0001140361-26-011104 | HNI Corporation's most recent proxy was read; its disclosed peer group does not include Ethan Allen Interiors. Filing ↗ |