---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-002948"
form_type: "8-K"
ticker: "CULP"
cik: "0000723603"
company_name: "CULP INC"
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:42:27.342829+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-002948
- form_type: 8-K
- ticker: CULP
- cik: 0000723603
- company_name: CULP INC
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723603/000095017024002948/0000950170-24-002948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723603/000095017024002948/culp-20240104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-002948
- JSON: https://secwatch.observer/filing/0000950170-24-002948.json
- Plain text: https://secwatch.observer/filing/0000950170-24-002948.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723603/000095017024002948/0000950170-24-002948-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.