Image: Culp Inc.

Culp Inc., a mattress and upholstery fabrics producer for residential and commercial furniture, announced the election of William L. Tyson to its board of directors.

Tyson has over 30 years of experience across investment banking and capital markets and has served in executive leadership and strategic development roles for various U.S. banks and financial institutions. Tyson most recently served as head of mergers and acquisitions within the Investment Banking Group of Fifth Third Capital Markets from 2021 until his retirement in December 2024.

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 (and its predecessor, Scott & Stringfellow). He previously headed Wheat First Butcher Singer’s Furnishings, Consumer and Industrial Growth Industry Practices and served as vice president of Wachovia Corporation.

“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 our strategy, drive growth across our businesses and enhance value for our stakeholders,” says Frank Saxon, chairman of the board of directors.



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