Culp Management
Management criteria checks 2/4
Culp's CEO is Robert Culp, appointed in Mar 2019, has a tenure of 5.33 years. total yearly compensation is $1.22M, comprised of 40.9% salary and 59.1% bonuses, including company stock and options. directly owns 2.56% of the company’s shares, worth $1.43M. The average tenure of the management team and the board of directors is 5.4 years and 4.3 years respectively.
Key information
Robert Culp
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 40.9% |
| CEO tenure | 5.3yrs |
| CEO ownership | 2.6% |
| Management average tenure | 5.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Earnings Release: Here's Why Analysts Cut Their Culp, Inc. (NYSE:CULP) Price Target To US$8.00
Mar 09
Culp's Fiscal Health: The Rising Net Loss Concern
Jun 30Estimating The Fair Value Of Culp, Inc. (NYSE:CULP)
Jun 01Culp GAAP EPS of -$0.99 beats by $0.08, revenue of $58.4M beats by $0.53M
Dec 07Culp: A Cigar Butt Stock With One Last Puff Left
Oct 12Culp GAAP EPS of -$0.49, revenue of $56.9M
Jun 29Is Now The Time To Look At Buying Culp, Inc. (NYSE:CULP)?
Jan 04Culp Inc.: Long-Term Prospects Are Good
Dec 28Culp's (NYSE:CULP) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Dec 17Shareholders Will Be Pleased With The Quality of Culp's (NYSE:CULP) Earnings
Jun 23Culp, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jun 18Culp EPS beats by $0.03, beats on revenue
Jun 16A Look At The Fair Value Of Culp, Inc. (NYSE:CULP)
May 20When Should You Buy Culp, Inc. (NYSE:CULP)?
Mar 17Culp, Inc. (NYSE:CULP) Investors Should Think About This Before Buying It For Its Dividend
Feb 24What Kind Of Shareholders Hold The Majority In Culp, Inc.'s (NYSE:CULP) Shares?
Jan 29
We Wouldn't Be Too Quick To Buy Culp, Inc. (NYSE:CULP) Before It Goes Ex-Dividend
Jan 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 28 2024 | n/a | n/a | -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$21m |
Compensation vs Market: Robert's total compensation ($USD1.22M) is above average for companies of similar size in the US market ($USD683.22K).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
CEO
Robert Culp (53 yo)
5.3yrs
Tenure
US$1,222,774
Compensation
Mr. Robert G. Culp, IV, is President of Culp Home Fashions of Culp, Inc. from December 31, 2022. He has been the Chief Executive Officer and President of Culp, Inc. since January 1, 2020 and its President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Strategic Advisor | 37.5yrs | US$368.26k | 0.91% $ 508.4k | |
| President | 5.3yrs | US$1.22m | 2.56% $ 1.4m | |
| Executive VP | 20.5yrs | US$611.54k | 0.37% $ 207.9k | |
| President of Culp Upholstery Fabrics Division | 9.9yrs | US$738.53k | 0.56% $ 310.5k | |
| Senior VP | 5.5yrs | no data | 0.12% $ 68.0k | |
| Senior VP & Chief Human Resources Officer | 16.4yrs | no data | 0.040% $ 22.3k | |
| Chief Executive Officer of eLuxury | no data | no data | no data | |
| Divisional Chief Operating Officer of Culp Home Fashions | 3.2yrs | no data | no data | |
| Senior Vice President of Design & Marketing - Culp Upholstery Fabrics | no data | no data | no data | |
| Executive Vice President of Culp Home Fashions | 1.8yrs | no data | 0.38% $ 213.1k | |
| Executive Vice President of Culp Upholstery Fabrics | less than a year | no data | no data | |
| VP & Creative Director for Culp Upholstery Fabrics | no data | no data | no data |
5.4yrs
Average Tenure
62yo
Average Age
Experienced Management: CULP's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Strategic Advisor | 37.5yrs | US$368.26k | 0.91% $ 508.4k | |
| President | 4.3yrs | US$1.22m | 2.56% $ 1.4m | |
| Lead Independent Director | 8.5yrs | US$120.00k | 0.52% $ 292.6k | |
| Independent Director | 5.3yrs | US$110.00k | 0.20% $ 114.4k | |
| Independent Director | 5yrs | US$110.00k | 0.24% $ 134.3k | |
| Independent Director | 2.8yrs | US$110.00k | 0.26% $ 144.4k | |
| Independent Director | 2.8yrs | US$110.00k | 0.19% $ 103.6k | |
| Independent Director | 2.8yrs | US$110.00k | 0.56% $ 311.7k | |
| Director | less than a year | no data | 0.0042% $ 2.4k |
4.3yrs
Average Tenure
63yo
Average Age
Experienced Board: CULP's board of directors are considered experienced (4.3 years average tenure).