CULP - Culp, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Culp, Inc.

1823 Eastchester Drive
High Point, NC 27265
United States
336-889-5161
http://www.culp.com

SectorConsumer Cyclical
IndustryTextile Manufacturing
Full Time Employees1,440

Key Executives

NameTitlePayExercisedYear Born
Mr. Franklin N. SaxonChairman & CEO712.16kN/A1952
Mr. Robert G. Culp IVPres & COO409.26kN/A1971
Mr. Kenneth R. BowlingExec. VP, CFO & Treasurer312.31kN/A1962
Mr. Boyd B. ChumbleyPres of Culp Upholstery Fabrics Division495.91kN/A1957
Mr. Thomas B. Gallagher Jr.Corp. Controller, Assistant Treasurer & Assistant Corp. Sec.184.03kN/A1972
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in North America, the Far East, Asia, and internationally. It operates in Mattress Fabrics, Upholstery Fabrics, and Home Accessories segments. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services. The Home Accessories segment offers bedding accessories and home goods comprising mattress pads, mattress protectors, sheet sets, pillows, comforters, duvet covers, towels, fabric by the yard, and dog beds through e-commerce and business-to-business sales channels. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.

Corporate Governance

Culp, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 6. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 8; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.