Company: CULP
Filing Date: 2025-08-15
Form Type: DEF 14A
Source: 0000950170-25-109242
Chunk: 22

Company: CULP INC
Filing Date: 2025-08-15
Form: DEF 14A
Chunk 22
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 States Bankruptcy Code in 2024. From December 2019 to November 2022, Mr. Grow served as general counsel and secretary for Security Group, Inc., a multi-national finance company, where he led its legal, compliance, credit reporting, and related functions. Prior to 2011, Mr. Grow served in leadership roles for ScanSource, Inc., aFortune 1000technology distributor (NASDAQ: SCSC), and 3V Sigma USA, Inc., a leading producer of advanced specialty chemicals. Mr. Grow began his career with Ogletree Deakins, one of the largest labor and employment law firms in the United States.

TERESA A. HUFFMAN, age 64, has been employed by the Company since 1986 and has served in various capacities during her tenure. Ms. Huffman was named vice president, human resources for the Company in February 2008, and was promoted to senior vice president, human resources in 2019. In July 2021, she became an executive officer of the Company, and in July 2022, she was named senior vice president, chief human resources officer.

MARY BETH HUNSBERGER, age 50, joined the Company as executive vice president of the Culp Upholstery Fabrics division in January 2024, and she was named president of the Culp Upholstery Fabrics division in July 2024 and chief operating officer of the Company in April 2025. Previously, Ms. Hunsberger served as president of North and South America for Dedon, Inc., from 2016 through 2023, and she concurrently served as chief operating officer of North and South America for Gloster Furniture during 2023.

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The following table sets forth certain information with respect to the beneficial ownership of our common stock as of July 29, 2025, for the nominees for election to the Board of Directors, the directors and named executive officers of the Company, and all executive officers, directors, and nominees of the Company as a group, a total of 16 persons:

| Name                                              |     | Position with                                   
 Company (1)                                     |     |     Year 
   Became 
 Director |     |    Year 
    Term 
 Expires |     | Shares and Percent 
    of Common Stock 
 Beneficially Owned 
     As of July 29, 
           2025 (2) |     | Notes |
| Directors, Nominees