Company: CULP
Filing Date: 2025-04-24
Form Type: 8-K
Source: 0000950170-25-058079
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Company: CULP INC
Filing Date: 2025-04-24
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 22, 2025, Mary Elizabeth Hunsberger, 50, was appointed by the board of directors (the “ Board”) of Culp, Inc. (the “ Company”) to serve as Chief Operating Officer of the Company in connection with the Company’s strategic actions announced in the press release referenced in Item 7.01 below. Ms. Hunsberger will serve as the Company’s principal operating officer.

Prior to her appointment, Ms. Hunsberger served as President of the Company’s Culp Upholstery Fabrics division since July 27, 2024, and began her tenure with the Company in January 2024 as Executive Vice President of its Culp Upholstery Fabrics division. Prior to joining the Company, Ms. Hunsberger served as Controller and then President of North and South America for Dedon, Inc. from 2016 through 2023, and concurrently served as Chief Operating Officer of North and South America for Gloster Furniture in 2023. Earlier in her career, Ms. Hunsberger spent 13 years in various positions with Tempur + Sealy International, Inc. (now part of Somnigroup International).

There were no changes to Ms. Hunsberger’s compensation arrangements and no new agreements entered into in connection with her appointment. Moreover, there are no family relationships between Ms. Hunsberger and any other executive officer or director of the Company, and there are no arrangements or understandings between Ms. Hunsberger and any other person pursuant to which she was appointed as an officer of the Company.