Culp appoints new COO and CCO, merges divisions, targets $3M in additional annual savings

CULP INC

Mary Elizabeth Hunsberger appointed COO; Thomas Bruno appointed CCO as part of operating model integration.
Culp to merge its two divisions into one integrated business; will close Burlington, NC leased facility.
Integration expected to yield ~$3M annualized savings, incremental to $10-11M from prior restructuring.
Sale of Canadian facility expected to close within a week; proceeds to pay down borrowings.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Mary Elizabeth Hunsberger

Chief Operating Officer

CULP · CULP INC

Effective: 2025-04-22
Filed: April 24, 2025, 7:59 PM ET

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

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Mary Elizabeth Hunsberger was appointed as Chief Operating Officer at CULP INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

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

View on SEC.gov

CULP INC filing history →

Source: SEC EDGAR

accession 0000950170-25-058079

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.