Culp, Inc. (CULP) enters cooperation agreement with 22NW, LP
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Alexander B. Jones from 22NW, LP to be Added to the Board and Nominated to Serve on Culp, Inc. Board of Directors at 2024 Annual Shareholders Meeting.
June 17, 2024 4:15 PM EDTHIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (the Company) (NYSE: CULP) today announced that it has entered into a cooperation agreement with 22NW, LP, one of the Companys largest shareholders.
Pursuant to the agreement, the Company will add Mr. Alexander B. Jones to the board, effectively immediately, and Mr. Jones will serve as a nominee to its slate of directors at the September 2024 Annual Shareholders Meeting. Mr. Jones is a Vice President and Sr. Research Analyst at 22NW where he oversees the firms investments in the industrials, materials,... More
