Culp, Inc. announcing passing of chairman, founder Robert Culp, III
Culp, Inc. announced that Robert Culp, III, died on December 8, 2018, following complications related to leukemia. Culp founded the company in 1972 with his father, Robert Culp, Jr. He was named CEO in 1981 and served in that capacity until 2007. He served as chairman of the board since 1990. Under his leadership, the company has become one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics for furniture with global operations and approximately 1,400 employees worldwide. Culp was well respected throughout the home furnishings industry and remained active in trade associations throughout his career. He was also deeply committed to his home community of High Point through various philanthropic efforts along with his service on the downtown advisory board and as a trustee of High Point University. Culp was an avid supporter of his alma mater, the University of North Carolina, where he received his bachelor's degree in economics. He earned his MBA from the Wharton School of Business at the University of Pennsylvania. Culp served as a member of the board of directors of Old Dominion Freight Line, Leggett & Platt and Slumberland.