From Home Furnishing Business
Ethan Allen Interiors CEO Honored by City of Hope
City of Hope, a California-based research and treatment center for cancer, diabetes and other life-threatening diseases, honored Farooq Kathwari, chairman, president and CEO of Ethan Allen Interiors (NYSE: ETH), with the Spirit of Life Award.
The award is presented to individuals who have made a difference and influenced the industry with their character, leadership and philanthropy. Richard Feng, founder, chairman and CEO of Markor Group, also received the award.
“It was a great honor to receive The Spirit of Life Award,” Kathwari said. “But for me, it’s really all about the amazing work being accomplished at City of Hope. The organization is making groundbreaking research in its fight against cancer and other life-threatening diseases, and I’m proud to play a part in that. I was also pleased to announce that our family foundation is planning to set up a $250,000 endowment to help find a cure for childhood cancer.”
City of Hope’s International Home Furnishings Industry (IHFI), which includes manufacturers, suppliers, retailers, sales representatives and service providers, has raised more than $54 million. With more than $1.8 million raised in contributions from IHFI members and events this year, the 2016 fundraising effort is a record breaker for City of Hope.