The latest announcement is out from Carriage Services (CSV).
On March 7, 2024, the Board of Directors of a company adjusted the balance of its classes of directors after the former CEO Melvin C. Payne announced he would step down following the 2024 annual meeting. Julie Sanders, who boasts over 30 years of finance and audit expertise, resigned as a Class II director and was immediately reappointed as a Class I director to assist in this transition. The same day, Chad Fargason was elected as the company’s first Non-Executive Chairman of the Board, following Payne’s earlier departure from the Executive Chairman position. Sanders continues to contribute her extensive experience in financial systems and transformative initiatives to the company, while Fargason brings his governance expertise to the chairmanship.
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