Culp Management
Management criteria checks 2/4
Culp's CEO is Robert Culp, appointed in Mar 2019, has a tenure of 5.67 years. total yearly compensation is $1.28M, comprised of 39% salary and 61% bonuses, including company stock and options. directly owns 2.84% of the company’s shares, worth €1.76M. The average tenure of the management team and the board of directors is 5.8 years and 4.6 years respectively.
Key information
Robert Culp
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 39.0% |
| CEO tenure | 5.7yrs |
| CEO ownership | 2.8% |
| Management average tenure | 5.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 28 2024 | n/a | n/a | -US$18m |
| Apr 28 2024 | US$1m | US$500k | -US$14m |
| Jan 28 2024 | n/a | n/a | -US$14m |
| Oct 29 2023 | n/a | n/a | -US$19m |
| Jul 30 2023 | n/a | n/a | -US$29m |
| Apr 30 2023 | US$1m | US$500k | -US$32m |
| Jan 29 2023 | n/a | n/a | -US$33m |
| Oct 30 2022 | n/a | n/a | -US$24m |
| Jul 31 2022 | n/a | n/a | -US$11m |
| May 01 2022 | US$1m | US$482k | -US$3m |
| Jan 30 2022 | n/a | n/a | US$4m |
| Oct 31 2021 | n/a | n/a | US$7m |
| Aug 01 2021 | n/a | n/a | US$8m |
| May 02 2021 | US$2m | US$415k | US$3m |
| Jan 31 2021 | n/a | n/a | -US$14m |
| Nov 01 2020 | n/a | n/a | -US$16m |
| Aug 02 2020 | n/a | n/a | -US$16m |
| May 03 2020 | n/a | n/a | -US$11m |
| Feb 02 2020 | n/a | n/a | US$4m |
| Nov 03 2019 | n/a | n/a | US$6m |
| Aug 04 2019 | n/a | n/a | US$7m |
| Apr 28 2019 | US$609k | US$313k | US$6m |
| Jan 27 2019 | n/a | n/a | US$20m |
| Oct 28 2018 | n/a | n/a | US$16m |
| Jul 29 2018 | n/a | n/a | US$17m |
| Apr 29 2018 | US$794k | US$292k | US$21m |
Compensation vs Market: Robert's total compensation ($USD1.28M) is above average for companies of similar size in the German market ($USD475.63K).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
CEO
Robert Culp (53 yo)
5.7yrs
Tenure
US$1,281,263
Compensation
Mr. Robert G. Culp, IV, has been the Chief Executive Officer and President of Culp, Inc. since January 1, 2020 and its President since March 06, 2019. He was President of Culp Home Fashions of Culp, Inc. f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Strategic Advisor | 37.8yrs | US$342.46k | 0.91% € 564.3k | |
| President | 5.7yrs | US$1.28m | 2.84% € 1.8m | |
| Executive VP | 20.8yrs | US$671.60k | 0.37% € 230.2k | |
| Executive Vice President of Culp Home Fashions | 2.2yrs | US$553.87k | 0.45% € 280.2k | |
| Senior VP | 5.8yrs | no data | 0.14% € 86.1k | |
| Senior VP & Chief Human Resources Officer | 16.8yrs | no data | 0.056% € 34.6k | |
| Chief Executive Officer of eLuxury | no data | no data | no data | |
| Senior Vice President of Design & Marketing - Culp Upholstery Fabrics | no data | no data | no data | |
| President of Culp Upholstery Fabrics | less than a year | no data | 0.080% € 49.6k | |
| VP & Creative Director for Culp Upholstery Fabrics | no data | no data | no data |
5.8yrs
Average Tenure
62yo
Average Age
Experienced Management: CUZ's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Strategic Advisor | 37.8yrs | US$342.46k | 0.91% € 564.3k | |
| President | 4.6yrs | US$1.28m | 2.84% € 1.8m | |
| Lead Independent Director | 8.8yrs | US$120.00k | 0.65% € 402.1k | |
| Independent Director | 5.7yrs | US$123.75k | 0.36% € 225.2k | |
| Independent Director | 3.2yrs | US$123.75k | 0.34% € 208.8k | |
| Independent Director | 3.2yrs | US$123.75k | 0.27% € 168.5k | |
| Independent Director | less than a year | no data | 0.0042% € 2.6k |
4.6yrs
Average Tenure
63yo
Average Age
Experienced Board: CUZ's board of directors are considered experienced (4.6 years average tenure).