KENNETH R. LARSON - Corporate Board Profile

CULP INC

Filing Date	Source Excerpt
2011-08-18	KENNETH R. LARSON is owner and chief executive officer of Slumberland Furniture in Little Canada, Minnesota, a home furnishings retailer with 121 stores in an eleven-state area. Members of the Audit Committee are Messrs. Flavin (Chairman), Larson and McAllister. The members of this committee are Messrs. Larson (Chairman), Flavin and McAllister. The current members of the Corporate Governance and Nominating Committee are Messrs. McAllister (Chairman), Larson and Flavin.
2012-08-15	Members of the Audit Committee are Messrs. Flavin (Chairman), Larson and McAllister... The members of the Compensation Committee are Messrs. Larson (Chairman), Flavin and McAllister... The following table shows the total compensation earned by our non-employee directors in fiscal 2012 for their service on our board. Kenneth R. Larson received $40,000 fees and $8,661 stock awards totaling $48,661.
2013-08-15	Kenneth R. Larson is owner and chief executive officer of Slumberland Furniture in Little Canada, Minnesota, a home furnishings retailer with 128 stores in a twelve-state area. Members of the Audit Committee are Messrs. Flavin (Chairman), Larson and McAllister. The Compensation Committee members are Messrs. Larson (Chairman), Flavin and McAllister. For fiscal 2013, we paid our non-employee directors the following compensation: Kenneth R. Larson $40,000 fees earned, $10,055 stock awards, total $50,055.
2014-08-15	Kenneth R. Larson is owner and chief executive officer of Slumberland Furniture in Little Canada, Minnesota, a home furnishings retailer with 128 stores in a twelve-state area. ... Members of the Audit Committee are Messrs. Flavin (Chairman), Larson and McAllister. ... The members of this committee are Messrs. Larson (Chairman), Flavin and McAllister. ... The following table shows the total compensation earned by our non-employee directors in fiscal 2014 for their service on our board.
2015-08-12	The following table shows the total compensation earned by our non-employee directors in fiscal 2015 for their service on our board. Patrick B. Flavin 50,000 17,950 -- 67,950; Kenneth R. Larson 50,000 17,950 -- 67,950; Kenneth W. McAllister 55,000 17,950 -- 72,950.
2016-08-19	Members of the Audit Committee are Messrs. Flavin (Chairman), Jackson, Larson and McAllister. The members of the Compensation Committee are Messrs. Larson (Chairman), Flavin, Jackson and McAllister. The current members of the Corporate Governance and Nominating Committee are Messrs. McAllister (Chairman), Jackson, Larson and Flavin. During fiscal 2016, we paid our non-employee directors the following compensation: an annual retainer of $50,000 for the other non-employee directors; a grant under our 2015 equity incentive plan of 1,000 shares of common stock to our directors that were participating on our Board at October 1, 2015. Granted shares of common stock were measured at a fair market value of $31.77 per share based upon the closing price of our common stock at the date of grant (October 1, 2015). The following table shows the total compensation earned by our non-employee directors in fiscal 2016 for their service on our board. Name: Kenneth R. Larson, Fees Earned or paid in cash: 50,000, Stock Awards: 31,770, Option Awards: 0, Total: 81,770.
2017-08-18	KENNETH R. LARSON is owner and chief executive officer of Slumberland Furniture in Little Canada, Minnesota, a home furnishings retailer with 128 stores in a twelve-state area. ... Members of the Audit Committee are Messrs. Flavin (Chairman), Jackson, Larson and McAllister. ... The members of this committee are Messrs. Larson (Chairman), Flavin, Jackson and McAllister. ... The current members of the Corporate Governance and Nominating Committee are Messrs. McAllister (Chairman), Jackson, Larson and Flavin.
2018-08-17	KENNETH R. LARSON is owner and founder of Slumberland Furniture in Little Canada, Minnesota, a home furnishings retailer with 126 stores in a twelve-state area. The current members of the Audit Committee are Messrs. Flavin (Chairman), Jackson, Larson and McAllister. The current members of this committee are Messrs. Jackson (Chairman), Flavin, Larson and McAllister. The current members of the Corporate Governance and Nominating Committee are Messrs. Larson (Chairman), Jackson, McAllister and Flavin. The following table shows the total compensation we paid our non-employee directors in fiscal 2018: Kenneth R. Larson: Fees Earned or paid in cash $50,000, Stock Awards $39,840, Total $89,840.
2019-08-22	Kenneth R. Larson, 76, Director since 2004, Owner and Founder, Slumberland Furniture, AC, CC, CGN (C). Compensation Table shows total compensation for 2019 as $97,820 for non-employee director fees.
2020-08-26	Kenneth R. Larson 77 2004 Owner and Founder, Slumberland Furniture Yes AC, CC, CGN (C) ... The current members of the Audit Committee are Ms. Decker (Chairman), Mr. Davis, Mr. Jackson, Mr. Larson, and Mr. McAllister. ... The current members of the Compensation Committee are Mr. Jackson (Chairman), Mr. Davis, Ms. Decker, Mr. Larson, and Mr. McAllister. ... The current members of the Corporate Governance and Nominating Committee are Mr. Larson (Chairman), Mr. Davis, Ms. Decker, Mr. Jackson, and Mr. McAllister. ... The following table shows the total compensation earned by our non-employee directors in fiscal 2020 for their service on our Board. Kenneth R. Larson 41,250 54,680 0 95,930.