Carriage Services Announces Employment Agreement Extension with Chairman and CEO Mel Payne
"Through our differentiated and disruptive Standards Operating Model, Mel has set the Being the Best mission for Carriage and has created a leadership centric organization that is focused on continuing our journey from Good To Great. Mel has been instrumental in transforming Carriage into a High Performance culture company that just happens to be in the funeral and cemetery industry," said Bryan Leibman, the Company's Lead Independent Director. "Mel has proven himself to be a strategic visionary and innovative leader and the Board of Directors is confident he continues to be the right individual to lead Carriage to new levels of success into the future."
“We structured the stock option consideration for Mel’s new seven year extension to align perfectly with our current Good To Great II Shareholder Value Creation Plan, the five year Good To Great Incentive Programs for our Funeral Home and
Further details on Mr. Payne’s contract extension may be found in the company's current report on Form 8-K to be filed on
For more information, please contact Ben Brink at 713-332-8441 or email InvestorRelations@carriageservices.com.
Source: Carriage Services, Inc.