
Doug Bergeron is a proven public company operator who is invigorated by the opportunity to revitalize Ethan Allen's iconic yet stagnant brand. Mr. Bergeron has a track of record of successfully driving growth strategies and has personally invested significant capital to build a beneficial ownership stake of 5.0% in Ethan Allen because he believes in the potential of the Company.
Earlier in his career, Mr. Bergeron led the $50 million buyout of VeriFone Systems, Inc. (formerly NYSE: PAY) from Hewlett-Packard in 2001 and served as CEO of VeriFone until 2013. During his 12-year tenure, VeriFone, which powers the payment infrastructure for a large percentage of American retail stores, grew revenue from less than $300 million to more than $2 billion and grew to an enterprise value that exceeded $4 billion, an increase of more than 80 times the price Mr. Bergeron acquired it for.1
The following is a case study of how Mr. Bergeron led a successful proxy contest to replace the board of directors and lead a growth-focused turnaround at Cantaloupe, Inc. (formerly Nasdaq: CTLP), a retail technology company. Together, the VeriFone and Cantaloupe examples illustrate Mr. Bergeron's track record of leading operational transformations and creating value for public company shareholders.

1 VeriFone filings.
2 Bloomberg. Total shareholder return from May 20, 2019, the date of Hudson Executive Capital’s Schedule 13D filing at Cantaloupe, through May 7, 2026.
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