Carriage Services, Inc. announced that on June 6, 2024, L. Kian Granmayeh informed the company that he would resign from his position as Chief Financial Officer (Principal Financial Officer) of the Company effective July 1, 2024. Mr. Granmayeh?s resignation is not the result of any disagreement with the Company or its Board of Directors on any matter relating to its operations, policies, or practices, including any matters concerning the Company?s controls or any financial or accounting-related matters or disclosures. The Company has engaged an executive search firm to help identify a Chief Financial Officer with the financial sophistication necessary to help drive and execute on the Company?s long-term strategic growth plan.

In connection with Mr. Granmayeh?s resignation, the Company?s Board appointed Kathryn Shanley as the Company?s interim Principal Financial Officer, effective June 6, 2024, until a permanent replacement is identified. Ms. Shanley, age 55, has been the Company?s Chief Accounting Officer (Principal Accounting Officer) since March 25, 2024, when she joined the Company. In this interim role, Ms. Shanley will serve as both the Company?s Principal Financial Officer and Principal Accounting Officer.

Prior to joining Carriage, Ms. Shanley served as the Assistant Vice President and Assistant Controller for Service Corporation International from 2014 to 2024 and Director of Operational Accounting from 2011 to 2014. Ms. Shanley joined SCI in 1994 and held various roles of increasing responsibility, leading SCI?s financial reporting, general accounting, and auditing functions. Ms. Shanley is a Certified Public Accountant and has an M.S. and B.S. in Business Administration from LeTourneau University.