Melvin C. Payne, Chairman and Chief Executive Officer, stated, "TerrySanford has proven himself with Carriage as Chief Accounting Officer and willnow be working with me on financing our future growth and allocating ourcapital in ways that will maximize shareholder value. Jay is a seasoned andhighly respected operational leader who knows our entire portfolio well and iscommitted to continued improvement in the execution of our Standards Operatingand 4E Leadership Models. I will step away from the day to day operations andfocus more of my time on growth strategies, especially acquisitions.
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"Brad Green has been an impact player with our company in the last twoyears in many ways beyond his role as General Counsel and will be workingclosely with me on our human resources, training, leadership and growthstrategies," added Payne. "Skip Klug, Senior Vice President and ChiefInformation Officer, and Kevin Musico, Vice President - Strategic Development,round out our Executive Team. These senior management changes positionCarriage well for what we believe will be numerous opportunities for growth,as consolidation of our industry is expected to accelerate over the next fewyears."
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Carriage Services is a leading provider of death care services andproducts. As of September 16, 2008, Carriage operates 136 funeral homes in 25states and 32 cemeteries in 11 states.
Certain statements made herein or elsewhere by, or on behalf of, thecompany that are not historical facts are intended to be forward-lookingstatements within the meaning of Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Securities Exchange Act of 1934, as amended.These statements are based on assumptions that the company believes arereasonable; however, many important factors, as discussed under"Forward-Looking Statements and Cautionary Statements" in the company's AnnualReport and Form 10-K for the year ended December 31, 2007, could cause thecompany's results in the future to differ materially from the forward-lookingstatements made herein and in any other documents or oral presentations madeby, or on behalf of, the company. A copy of the company's Form 10-K, and otherCarriage Services information and news releases, are available athttp://www.carriageservices.com.-- Senior Vice President and Chief Financial Officer - Terry Sanford, who has been with Carriage for twelve years, has been promoted to Senior Vice President and Chief Financial Officer and will retain his position as Chief Accounting Officer. -- Senior Vice President and Chief Operating Officer - Jay Dodds, who has been with Carriage for fourteen years, has been promoted to Senior Vice President and Chief Operating Officer. -- Senior Vice President and General Counsel - Brad Green, who has been with Carriage for two years, has been promoted to Senior Vice President and General Counsel.
SOURCE Carriage Services, Inc.
