secwatch.observer — SEC 8-K summary
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Issuer:     CARRIAGE SERVICES INC (CSV)
CIK:        0001016281
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001193125-23-172574
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carriage Services appoints Carlos Quezada as CEO; founder Mel Payne becomes Executive Chairman
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- Carlos Quezada, previously President & COO, named CEO effective June 21, 2023.
- Founder Melvin C. Payne steps down as CEO, becomes Executive Chairman of the Board.
- Steven D. Metzger appointed President, retains Secretary role; salary set at $600,000 with 125% STI target.
- New director Chad Fargason elected; Board commits to adding gender diversity in Q3 2023.
- Bylaws amended to mandate director resignation if majority support not received in uncontested elections.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016281/000119312523172574/0001193125-23-172574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016281/000119312523172574/d523780d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-172574

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer