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Culp Names Mary Beth Hunsberger as President of Culp Upholstery Fabrics

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Culp, Inc. (NYSE: CULP) has announced that Mary Beth Hunsberger will become the new President of Culp Upholstery Fabrics, effective July 27, 2024. Hunsberger, who joined CULP in January 2024 as Executive Vice President, will succeed Boyd Chumbley, who is retiring but will remain in an advisory role. Hunsberger brings over 20 years of experience in the home furnishings industry, including leadership roles at DEDON, Inc. and Gloster Furniture.

Iv Culp, President and CEO of Culp, Inc., expressed confidence in Hunsberger's ability to build on Chumbley's legacy and lead the division forward. The transition is part of CULP's strategic plan for the upholstery fabrics division. Culp, Inc. is a major marketer of fabrics for bedding and upholstery in North America, with operations in the US, Canada, China, Haiti, Turkey, and Vietnam.

Culp, Inc. (NYSE: CULP) ha annunciato che Mary Beth Hunsberger diventerà il nuovo Presidente di Culp Upholstery Fabrics, a partire dal 27 luglio 2024. Hunsberger, che è entrata in CULP nel gennaio 2024 come Vice Presidente Esecutivo, succederà a Boyd Chumbley, che si sta ritirando ma rimarrà in un ruolo di consulenza. Hunsberger porta con sé oltre 20 anni di esperienza nel settore dell'arredamento, comprese posizioni di leadership presso DEDON, Inc. e Gloster Furniture.

Iv Culp, Presidente e CEO di Culp, Inc., ha espresso fiducia nella capacità di Hunsberger di costruire sul lascito di Chumbley e guidare la divisione verso il futuro. Questo passaggio fa parte del piano strategico di CULP per la divisione dei tessuti da tappezzeria. Culp, Inc. è un importante operatore nel marketing di tessuti per biancheria da letto e tappezzeria in Nord America, con operazioni negli Stati Uniti, Canada, Cina, Haiti, Turchia e Vietnam.

Culp, Inc. (NYSE: CULP) ha anunciado que Mary Beth Hunsberger será la nueva Presidenta de Culp Upholstery Fabrics, a partir del 27 de julio de 2024. Hunsberger, quien se unió a CULP en enero de 2024 como Vicepresidenta Ejecutiva, sucederá a Boyd Chumbley, quien se está retirando pero permanecerá en un rol consultivo. Hunsberger aporta más de 20 años de experiencia en la industria de muebles para el hogar, incluyendo roles de liderazgo en DEDON, Inc. y Gloster Furniture.

Iv Culp, Presidente y CEO de Culp, Inc., expresó su confianza en la capacidad de Hunsberger para construir sobre el legado de Chumbley y liderar la división hacia adelante. La transición es parte del plan estratégico de CULP para la división de tejidos de tapicería. Culp, Inc. es un importante comercializador de tejidos para ropa de cama y tapicería en América del Norte, con operaciones en los EE.UU., Canadá, China, Haití, Turquía y Vietnam.

Culp, Inc. (NYSE: CULP)는 Mary Beth Hunsberger가 2024년 7월 27일부터 Culp Upholstery Fabrics의 새로운 사장이 될 것이라고 발표했습니다. Hunsberger는 2024년 1월에 CULP에 상무로 합류했으며, 은퇴하는 Boyd Chumbley를 이어받게 됩니다. Hunsberger는 DEDON, Inc.와 Gloster Furniture에서의 리더십 역할을 포함하여 가정용 가구 산업에서 20년 이상의 경험을 쌓아왔습니다.

Culp, Inc.의 대통령이자 CEO인 Iv Culp는 Hunsberger가 Chumbley의 유산을 이어받고 부서를 앞으로 이끌 수 있다는 확신을 나타냈습니다. 이 전환은 CULP의 통풍 섬유 부문에 대한 전략적 계획의 일환입니다. Culp, Inc.는 북미에서 침대 및 실내 장식용 섬유를 주요하게 마케팅하는 회사로, 미국, 캐나다, 중국, 아이티, 터키 및 베트남에서 운영되고 있습니다.

Culp, Inc. (NYSE: CULP) a annoncé que Mary Beth Hunsberger deviendra la nouvelle Présidente de Culp Upholstery Fabrics, à compter du 27 juillet 2024. Hunsberger, qui a rejoint CULP en janvier 2024 en tant que Vice-Présidente Exécutive, succédera à Boyd Chumbley, qui part à la retraite mais restera dans un rôle consultatif. Hunsberger apporte plus de 20 ans d'expérience dans l'industrie de l'ameublement, y compris des postes de direction chez DEDON, Inc. et Gloster Furniture.

Iv Culp, Président et CEO de Culp, Inc., a exprimé sa confiance dans la capacité de Hunsberger à bâtir sur l'héritage de Chumbley et à mener la division vers l'avant. Ce changement fait partie du plan stratégique de CULP pour la division des tissus d'ameublement. Culp, Inc. est un acteur majeur dans le marketing de tissus pour literie et tapisserie en Amérique du Nord, avec des opérations aux États-Unis, au Canada, en Chine, en Haïti, en Turquie et au Vietnam.

Culp, Inc. (NYSE: CULP) hat bekannt gegeben, dass Mary Beth Hunsberger am 27. Juli 2024 die neue Präsidentin von Culp Upholstery Fabrics wird. Hunsberger, die im Januar 2024 als Executive Vice President zu CULP kam, wird die Nachfolge von Boyd Chumbley antreten, der in den Ruhestand geht, aber in einer beratenden Funktion bleiben wird. Hunsberger bringt über 20 Jahre Erfahrung in der Heimtextilbranche mit, einschließlich Führungspositionen bei DEDON, Inc. und Gloster Furniture.

Iv Culp, Präsident und CEO von Culp, Inc., äußerte Vertrauen in Hunsbergers Fähigkeit, auf Chumbleys Vermächtnis aufzubauen und die Abteilung nach vorne zu führen. Der Übergang ist Teil des strategischen Plans von CULP für die Abteilung der Polstertstoffe. Culp, Inc. ist ein bedeutender Vermarkter von Stoffen für Bettwäsche und Polstermöbel in Nordamerika, mit Betrieben in den USA, Kanada, China, Haiti, der Türkei und Vietnam.

Positive
  • Planned succession ensures leadership continuity for Culp Upholstery Fabrics division
  • New president brings over 20 years of industry experience to the role
  • Retiring president will remain involved in an advisory capacity
Negative
  • None.

HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that its board of directors has named Mary Beth Hunsberger as President of Culp Upholstery Fabrics, effective July 27, 2024, following the planned succession of retiring division president, Boyd Chumbley. Hunsberger joined CULP in January 2024 as the Executive Vice President of the division and has worked closely with Chumbley over the past six months.

Culp, Inc. announced that its board of directors has named Mary Beth Hunsberger as President of Culp Upholstery Fabrics, effective July 27, 2024. (Photo: Business Wire)

Culp, Inc. announced that its board of directors has named Mary Beth Hunsberger as President of Culp Upholstery Fabrics, effective July 27, 2024. (Photo: Business Wire)

Hunsberger brings over two decades of expertise in the home furnishings industry to her new position. She joined CULP from DEDON, Inc., where she served as Controller and then President of North and South America from 2016 through 2023, and concurrently served as the Chief Operating Officer of North and South America for Gloster Furniture during 2023. Earlier in her career, Hunsberger also spent 13 years with Tempur + Sealy International, Inc. She earned a Master of Business Administration from Wake Forest University and received her Bachelor of Arts from the University of North Carolina at Chapel Hill. Hunsberger will report to Culp, Inc.’s President and Chief Executive Officer, Iv Culp. Mr. Chumbley will remain involved with the upholstery fabrics division in an advisory role to strategically support the company.

Commenting on the announcement, Iv Culp said, “We are very pleased to announce this transition for the executive leadership of Culp Upholstery Fabrics, which is consistent with our strategic plan for the division. I am highly confident that Mary Beth is the right leader to succeed Boyd Chumbley and build on his legacy of steady, consistent leadership. Mary Beth’s broad experience and knowledge of the home furnishings industry, together with her financial and operational experience and vision for the division, will help us continue to build upon the strong foundation of success created under Boyd. The transition has gone extremely well, and we are confident in our company’s future, both near term and long term. We also celebrate Boyd for his exemplary service, loyalty, and leadership over these many years, and we are pleased that we will benefit from his experience as a strategic advisor.”

Mr. Chumbley added, “I am delighted that Mary Beth will be the next president of Culp Upholstery Fabrics. She is a terrific fit for our current and future plans, with a focused commitment to our customers, employees, suppliers, and shareholders. I am immensely grateful for my many years at CULP and the valued relationships I have built along the way. I am excited for Mary Beth and the entire upholstery fabrics team as they work to enhance CUF’s strong competitive position as a leading provider of residential and commercial upholstery fabrics and window treatment products.”

Culp, Inc. is one of the largest marketers of fabrics for bedding and upholstery fabrics for residential and commercial furniture in North America. The company markets a variety of fabrics to its global customer base of leading bedding and furniture companies, including fabrics produced at Culp’s manufacturing facilities and fabrics sourced through other suppliers. Culp has manufacturing and sourcing operations located in the United States, Canada, China, Haiti, Turkey, and Vietnam.

Teresa A. Huffman

SVP, Chief Human Resources Officer

(336) 888-6281

TAHuffman@culp.com

Jenny Tinsley

Manager, Corp. Communications & ESG

(336) 889-5161

JRTinsley@culp.com

Source: Culp, Inc.

FAQ

Who is the new President of Culp Upholstery Fabrics and when does she start?

Mary Beth Hunsberger will become the new President of Culp Upholstery Fabrics, effective July 27, 2024.

What is Mary Beth Hunsberger's background before joining CULP?

Hunsberger has over 20 years of experience in the home furnishings industry, including roles as President of North and South America at DEDON, Inc. and COO of North and South America at Gloster Furniture.

How is CULP ensuring a smooth transition in leadership?

Hunsberger joined CULP in January 2024 as Executive Vice President and has worked closely with the retiring president, Boyd Chumbley, for six months. Chumbley will also remain in an advisory role to support the company strategically.

What are CULP's main business operations?

CULP is one of the largest marketers of fabrics for bedding and upholstery for residential and commercial furniture in North America, with manufacturing and sourcing operations in the US, Canada, China, Haiti, Turkey, and Vietnam.

Culp, Inc.

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Textile Manufacturing
Broadwoven Fabric Mills, Cotton
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