– USA, NC – Culp, Inc. (NYSE: CULP), a leading marketer of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture, announced the election of Bill Tyson to its Board of Directors, bringing over 30 years of experience across the investment banking and capital markets.
“Bill is a seasoned capital markets professional who knows our industry well. We are excited to bring his wealth of expertise and leadership experience to our Board of Directors and believe he will add valuable perspective as we continue to execute on our strategy, drive growth across our businesses, and enhance value for our stakeholders.” said Board Chair, Frank Saxon.
About William L. Tyson
Bill Tyson served as head of Mergers & Acquisitions within the Investment Banking Group of Fifth Third Capital Markets from 2021 until his retirement in December 2024, where he was responsible for the strategic direction of the M&A and Investment Banking platform within the Capital Markets division and for driving non-organic growth initiatives. He also held the positions of EVP, Co-head of Capital Markets and SVP, Co-head of Capital Markets during his tenure with Fifth Third that began in 2016. Before that, he served as Senior Managing Director and Co-Head of Investment Banking and in various other senior leadership roles during an approximately 18-year tenure with BB&T Capital Markets. He previously headed Wheat First Butcher Singer’s Furnishings, Consumer and Industrial Growth Industry Practices and served as VP with Wachovia Corporation.
During his career, Bill Tyson advised on over 300 capital financing transactions across the public and private markets, including numerous transactions in the home furnishings and textile industries and several transactions involving the company. He has also served on numerous professional boards and committees, including past service as president of the Virginia Athletics Foundation Board of Trustees and president of the McIntire School of Commerce Advisory Board.
About Culp, Inc.
Culp, Inc. is one of the largest marketers of mattress 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 capabilities located in the United States, China, Haiti, Turkey, and Vietnam.
For more: https://www.culp.com/
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