Daily News
From Home Furnishing Business
Culp Names Jackson to Board
January 22,
2016 by in Executive Changes, Industry
Fabric supplier Culp (NYSE: CFI) has named Fred Jackson to its board of directors.
His term is effective as of Thursday and will expire at the next annual meeting of shareholders, at which time he will be eligible for re-election along with the other directors.
Jackson has a business background of 38 years with American & Efird LLC (A&E), a manufacturer of sewing thread, embroidery thread and technical textiles with a global presence that extends from Asia to Europe to the Americas. The major end-user markets served by A&E include the apparel, home furnishings and automotive industries. Having served in various executive and sales management positions, Jackson retired as CEO in September. He continues to serve as non-executive chairman for the advisory board of A&E. J
“We are pleased and fortunate to have Fred Jackson join our board,” said Rob Culp, chairman of Culp. “Because of his considerable experience and successful career in the textile industry and his insight regarding the dynamics of operating an international business, he is an excellent choice for Culp. Fred brings an additional level of global expertise in the bedding and furniture industries that complements our strong and experienced Board, and we expect he will make a meaningful contribution to its work. We look forward to his participation and counsel about the future direction for Culp as we execute our strategy in today’s global marketplace.”