Culp announces retirement of Upholstery Fabrics President Boyd Chumbley and hiring of Mary Beth Hunsberger

CULP INC

Boyd Chumbley, President of Culp Upholstery Fabrics since 1984, will retire in Q3 2024 and then serve in an advisory role.
Mary Beth Hunsberger hired as EVP of Culp Upholstery Fabrics effective Jan 8, 2024, expected to succeed Chumbley in Q3 2024.
Hunsberger previously President of DEDON Americas and COO at Gloster Furniture, with 13 years at Tempur+Sealy International.
Chumbley will work with Hunsberger during transition period and then continue as advisor to support the company strategically.

item 5.02 item 8.01 item 9.01

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Departed

Boyd B. Chumbley

President of the Culp Upholstery Fabrics division

CULP · CULP INC

Filed: January 8, 2024, 6:59 PM ET

On January 4, 2024, Boyd B. Chumbley, President of the Culp Upholstery Fabrics division, notified the company of his intention to retire from his position in the third quarter of the calendar 2024 year, with the definitive date of such retirement still to be determined.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Boyd B. Chumbley departed as President of the Culp Upholstery Fabrics division at CULP INC.

Action: retire
Role: President of the Culp Upholstery Fabrics division

Exact text from the filing

On January 4, 2024, Boyd B. Chumbley, President of the Culp Upholstery Fabrics division, notified the company of his intention to retire from his position in the third quarter of the calendar 2024 year, with the definitive date of such retirement still to be determined.

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Source: SEC EDGAR

accession 0000950170-24-002948

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