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An update from Carriage Services (CSV) is now available.
On April 29 and 30, 2024, a company updated the employment agreements for executives Paul D. Elliott, L. Kian Granmayeh, and Shawn R. Phillips, extending their contracts until the end of 2026 and revising severance terms and post-employment restrictions. Severance now includes a 12-month continuation of base salary upon involuntary termination without cause, and non-compete, non-solicitation, and non-recruitment clauses are reduced from two years to one following termination. No tax gross-ups will be provided for change-in-control scenarios, aligning with the company’s compensation policies.
Learn more about CSV stock on TipRanks’ Stock Analysis page.
