secwatch.observer — SEC 8-K summary
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Issuer:     CARRIAGE SERVICES INC (CSV)
CIK:        0001016281
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001016281-23-000048
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carriage Services appoints new CFO; CEO suffered stroke but expected to recover
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- Appointed Kian Granmayeh as EVP, CFO and Treasurer effective March 13, 2023; base salary $500,000, target bonus 100% of salary, 15,000 RSUs with 3-year vest.
- CEO Melvin C. Payne suffered a stroke on Feb 4, 2023 while recovering from knee surgery; expected to make full recovery and continues to lead.
- During CEO's recovery, Carlos Quezada (Vice Chairman, President, COO) and Steve Metzger (EVP, CAO, GC) will manage business in collaboration with Payne.
- Granmayeh previously CFO of Tellurian, Inc.; also held roles at Apache Corp and Lazard; part of CEO's succession plan as fourth member of SVPG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016281/000101628123000048/0001016281-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016281/000101628123000048/csv-20230306.htm
  HTML page:      https://secwatch.observer/filing/0001016281-23-000048

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