Company: CULP
Filing Date: 2025-08-15
Form Type: DEF 14A
Source: 0000950170-25-109242
Chunk: 18

Company: CULP INC
Filing Date: 2025-08-15
Form: DEF 14A
Chunk 18
---
’s investments in the industrials, materials, and consumer sectors. Prior to joining 22NW LP, Mr. Jones was founder and principal of Porter Street Research, LLC, a Washington, D.C. based investment research and advisory firm, from 2017 to 2021; an investment analyst at Legacy Research/Bonner and Partners in Washington, D.C., from 2017 to 2019; an investment analyst at The Brookings Institution in Washington, D.C., from 2015 to 2017; and a senior investment associate at Cambridge Associates in Arlington, Virginia, from 2008 to 2015. Mr. Jones currently serves on the board of directors of L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of engineered, manufactured products and services that builds and supports infrastructure.

Mr. Jones brings to the Company a valuable understanding of investor communications, capital allocation and public markets, and a shareholder perspective, including relating to enhancing shareholder value. See “Agreements with 22NW Fund, LP et al.,” below, which describes an agreement between the Company and certain shareholders pursuant to which the Company agreed to appoint Mr. Jones as a director and nominate him as a director for the Company's 2024 annual meeting of shareholders, as well as a subsequent agreement between the Company and certain shareholders pursuant to which the Company agreed to nominate Mr. Jones as a director for the Annual Meeting and the Company's 2026 annual meeting of shareholders.

WILLIAM L. TYSON, age 62, served as head of mergers & acquisitions within the investment banking group of Fifth Third Capital Markets from 2021 until his retirement in December 2024. In that role, Mr. Tyson was responsible for the strategic direction of the mergers & acquisitions and investment banking platforms within the Capital Markets division of Fifth Third Bank, as well as for driving Fifth Third Bank's capital markets non-organic growth strategy. Mr. Tyson previously served as executive vice president, co-head of capital markets for Fifth Third Bank from 2016 to 2021. Mr. Tyson served as senior managing director and co-head of investment banking and in various other leadership roles over the course of his approximately 18-year tenure with BB&T Capital Markets (and its predecessor, Scott & Stringfellow). Prior to that, Mr. Tyson headed Wheat First Butcher Singer's furnishings, consumer and industrial growth industry practices and served as a vice president with Wachovia Corporation. Mr. Tyson was recommended as a candidate for