Carriage Services Elects New Director, McInerney Jr.

Ticker: CSV · Form: 8-K · Filed: Mar 11, 2024 · CIK: 1016281

Carriage Services Inc 8-K Filing Summary
FieldDetail
CompanyCarriage Services Inc (CSV)
Form Type8-K
Filed DateMar 11, 2024
Risk Levellow
Pages3
Reading Time4 min
Sentimentneutral

Sentiment: neutral

Topics: governance, board-of-directors, personnel-change

TL;DR

Carriage Services adds Bob McInerney Jr. to the board, Mike McInerney retires.

AI Summary

Carriage Services, Inc. announced on March 11, 2024, that its Board of Directors has elected a new director, Mr. Robert W. "Bob" McInerney, Jr., effective March 7, 2024. Mr. McInerney will serve on the Audit Committee and the Compensation Committee. The company also announced the retirement of director Mr. J. Michael "Mike" McInerney, effective March 7, 2024.

Why It Matters

The election of a new director can signal changes in board strategy or governance, potentially impacting the company's future direction and shareholder value.

Risk Assessment

Risk Level: low — This filing primarily concerns a board director change, which is a routine governance event with typically low immediate financial risk.

Key Players & Entities

  • Carriage Services, Inc. (company) — Registrant
  • Robert W. "Bob" McInerney, Jr. (person) — Newly elected director
  • J. Michael "Mike" McInerney (person) — Retiring director
  • March 7, 2024 (date) — Effective date of director change
  • March 11, 2024 (date) — Date of report

FAQ

Who is the newly elected director for Carriage Services, Inc.?

Mr. Robert W. "Bob" McInerney, Jr. was elected as a new director.

When was the election of the new director effective?

The election was effective March 7, 2024.

Which committees will the new director serve on?

Mr. McInerney, Jr. will serve on the Audit Committee and the Compensation Committee.

Who is retiring from the board of directors?

Mr. J. Michael "Mike" McInerney is retiring from the board.

What is the effective date of the director's retirement?

The retirement of Mr. J. Michael "Mike" McInerney was effective March 7, 2024.

Filing Stats: 1,016 words · 4 min read · ~3 pages · Grade level 10.7 · Accepted 2024-03-11 16:38:13

Filing Documents

01 OTHER EVENTS

ITEM 8.01 OTHER EVENTS. On March 7, 2024, upon the recommendation of the Corporate Governance Committee of the Company, the Board elected Chad Fargason to serve as the Company's first Non-Executive Chairman of the Board, effective on that date. The election of Mr. Fargason as the Board's Non-Executive Chairman was as a result of the previous announcement of Mr. Payne, the Company's former Chief Executive Officer, ceasing to serve as Executive Chairman of the Board of the Company, effective February 22, 2024. Mr. Fargason joined the Company's Board in 2023 and has served as the Chairman of the Corporate Governance Committee since 2023.

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS . (d) Exhibits. Exhibit Description 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Carriage Services, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARRIAGE SERVICES, INC. Dated: March 11, 2024 By: /s/ Steven D. Metzger Steven D. Metzger President and Secretary INDEX TO EXHIBITS Exhibit Description 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL

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