CARRIAGE SERVICES

show all hide all

MANAGEMENT

George Klug

Senior Vice President of Information Systems and Chief Information Officer

George Klug has been Senior Vice President of Information Systems and Chief Information Officer since May 2002. Before joining Carriage, Mr. Klug served from 1997 to 2000 as Vice President of Information Technology at Allright Corporation, an owner operator of parking facilities both national and international. Prior to Allright, Mr. Klug served as Vice President of Information Technology for various retail companies including Oshmans, Sportstown, and Zaks.

Holdings: 166,094 shares     View Transactions

Date	Type	Shares Traded	Price Range
May 20, 2013	Disposition (Non Open Market)	1,310	17.47
Mar 5, 2013	Disposition (Non Open Market)	802	18.91
Feb 28, 2013	Disposition (Non Open Market)	898	18.20
Nov 12, 2012	Disposition (Non Open Market)	1,058	10.88
May 18, 2012	Disposition (Non Open Market)	886	7.26
May 4, 2012	Buy	280	7.48
Mar 5, 2012	Acquisition (Non Open Market)	9,090	n/a
Feb 28, 2012	Disposition (Non Open Market)	1,309	5.95
Dec 19, 2011	Disposition (Non Open Market)	16,225	5.88
Dec 19, 2011	Option Execute	20,000	4.77
Nov 14, 2011	Disposition (Non Open Market)	1,055	5.80
May 18, 2011	Disposition (Non Open Market)	886	5.95
Feb 28, 2011	Acquisition (Non Open Market)	12,807	n/a
Feb 14, 2011	Disposition (Non Open Market)	1,150	5.66
Nov 12, 2010	Disposition (Non Open Market)	1,058	5.09
May 18, 2010	Acquisition (Non Open Market)	10,042	n/a
Nov 12, 2009	Acquisition (Non Open Market)	12,000	n/a
Jan 29, 2009	Acquisition (Non Open Market)	17,500	n/a
Feb 7, 2008	Buy	9,296	7.53
Dec 26, 2007	Buy	5,000	9.47
Feb 13, 2007	Buy	15,000	6.40

Cliff Haigler

Principal Accounting Officer

Cliff Haigler has been our Principal Accounting Officer since September of 2012.  Mr. Haigler has ten years’ experience as an equity securities analyst.  In addition, Mr. Haigler spent 15 years with a niche private equity firm focused on merger transactions combined with consolidation strategies across a wide range of industries.  Mr. Haigler has also served as Chief Financial Officer of several companies including two public companies.  Mr. Haigler is a Chartered Financial Analyst and Certified Public Accountant.  Cliff possesses a Bachelor of Business Administration with a major in Finance from The University of Texas at Austin as well as a Master in Business Administration from Harvard Business School.

BOARD OF DIRECTORS

Melvin C. Payne

* Chairman, Chief Executive Officer

Melvin C. Payne a management founder of Carriage, has been our Chairman of the Board and Chief Executive Officer since December 1996. Mr. Payne has been a director and Chief Executive Officer of Carriage since our inception in 1991. Prior to co-founding Carriage, Mr. Payne spent 10 years in the private company turnaround business involving numerous industries. Prior to his turnaround career, Mr. Payne worked 10 years in the corporate lending business, initially with Prudential Insurance Company and later with Texas Commerce Bank in Houston. Mr. Payne was selected to serve on our Board because he is our Chief Executive Officer and our founder and has proven management skills. Mr. Payne's diverse industry and financial experience coupled with his personal leadership and founder's vision for Carriage make him highly qualified to serve as Chairman of the Board.

Member of the Executive Committee

Holdings: 1,370,499 shares     View Transactions

Date	Type	Shares Traded	Price Range
May 20, 2013	Disposition (Non Open Market)	10,889	17.47
Mar 21, 2013	Disposition (Non Open Market)	2,905	20.38
Mar 5, 2013	Disposition (Non Open Market)	13,537	18.91
Feb 28, 2013	Disposition (Non Open Market)	5,097	18.20
Dec 20, 2012	Option Execute	3,283	5.70
Dec 18, 2012	Disposition (Non Open Market)	40,000	11.79
Dec 17, 2012	Disposition (Non Open Market)	26,765	11.50
Dec 17, 2012	Disposition (Non Open Market)	300	11.50
Nov 16, 2012	Disposition (Non Open Market)	1,000	10.82
Nov 12, 2012	Disposition (Non Open Market)	2,916	10.88
Aug 29, 2012	Disposition (Non Open Market)	58	8.84
Aug 23, 2012	Sell	600	8.80
Aug 22, 2012	Disposition (Non Open Market)	50,000	8.83
Jun 25, 2012	Disposition (Non Open Market)	1,000	7.97
May 18, 2012	Disposition (Non Open Market)	9,575	7.26
May 4, 2012	Disposition (Non Open Market)	350	7.50
Mar 26, 2012	Disposition (Non Open Market)	145	7.30
Mar 26, 2012	Disposition (Non Open Market)	1,000	7.30
Mar 5, 2012	Acquisition (Non Open Market)	96,801	n/a
Feb 28, 2012	Disposition (Non Open Market)	4,876	5.95
Feb 27, 2012	Disposition (Non Open Market)	525	5.88
Feb 27, 2012	Disposition (Non Open Market)	1,550	5.88
Feb 9, 2012	Disposition (Non Open Market)	2,635	5.94
Jan 30, 2012	Disposition (Non Open Market)	5,503	5.61
Dec 21, 2011	Disposition (Non Open Market)	48,427	5.91
Dec 21, 2011	Option Execute	60,000	4.77
Dec 20, 2011	Sell	1,708	5.74
Dec 19, 2011	Sell	2,000	5.81
Dec 16, 2011	Sell	2,000	5.54
Dec 15, 2011	Sell	2,000	5.31
Dec 14, 2011	Sell	1,000	5.41
Dec 14, 2011	Sell	2,000	5.46
Dec 12, 2011	Sell	529	5.52
Dec 12, 2011	Disposition (Non Open Market)	3,700	5.45
Dec 9, 2011	Disposition (Non Open Market)	1,000	5.54
Dec 9, 2011	Disposition (Non Open Market)	13,670	5.54
Nov 21, 2011	Automatic Sell	9,778	5.71
Nov 18, 2011	Automatic Sell	4,000	5.81
Nov 18, 2011	Automatic Sell	4,000	5.81
Nov 17, 2011	Automatic Sell	6,800	5.83
Nov 16, 2011	Automatic Sell	1,900	5.71
Nov 15, 2011	Automatic Sell	4,600	5.72
Nov 14, 2011	Automatic Sell	2,500	5.77
Nov 14, 2011	Disposition (Non Open Market)	2,906	5.80
Nov 11, 2011	Sell	1,800	5.81
Nov 10, 2011	Automatic Sell	4,100	5.75
Nov 9, 2011	Automatic Sell	1,800	5.77
Nov 8, 2011	Automatic Sell	6,500	5.84
Sep 27, 2011	Sell	5,969	5.74
Sep 21, 2011	Sell	4,200	6.00

L. William Heiligbrodt

* Vice Chairman, Executive Vice President & Secretary, Carriage Services, Inc.

Elected 2011
L. William Heiligbrodt has been our Vice Chairman of the Board, Executive Vice President and Secretary since September 2011. From February 2009 to September 2011, Mr. Heiligbrodt was an independent director of Carriage. From February 2003 until his appointment on our Board, Mr. Heiligbrodt was a private investor and managing partner in a family business. From February 1999 to February 2003, he served as a consultant to Service Corporation International, a funeral services corporation ("SCI"). Mr. Heiligbrodt was the President and Chief Operating Officer of SCI until February 1999, and, prior to holding such positions, served in various management positions with SCI beginning in February 1990. Prior to joining SCI, Mr. Heiligbrodt served as President of Provident Services, Inc. from March 1988 to February 1990. Prior to that, he served for five years as Vice Chairman and Chief Executive Officer of WEDGE Group Incorporated. Before Wedge Group Inc., Mr. Heiligbrodt served as Chairman of Texas Commerce Bank, Houston and Vice Chairman of Texas Commerce Bancshares, Inc. and as a director of both companies. Mr. Heiligbrodt was selected to serve on our Board because of his significant experience in banking, corporate finance and death care industry operations and growth strategies. Our Board believes that this experience makes Mr. Heiligbrodt uniquely qualified to serve as our Vice Chairman, Executive Vice President and Secretary. Chairman of the Executive Committee since 2011

Holdings: 220,918 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 5, 2013	Disposition (Non Open Market)	6,914	18.91
Nov 12, 2012	Buy	8,000	10.95
Aug 24, 2012	Buy	1,000	8.50
Aug 23, 2012	Buy	2,000	8.55
Aug 17, 2012	Buy	2,000	8.75
Aug 16, 2012	Buy	2,724	8.83
Aug 15, 2012	Buy	2,500	8.81
Aug 14, 2012	Buy	2,447	8.80
Aug 13, 2012	Buy	5,916	8.81
Aug 10, 2012	Buy	15,000	8.72
Mar 5, 2012	Acquisition (Non Open Market)	75,757	n/a
Nov 14, 2011	Disposition (Non Open Market)	42,340	n/a
Nov 14, 2011	Acquisition (Non Open Market)	42,340	n/a
Sep 13, 2011	Acquisition (Non Open Market)	22,500	5.81
Jun 16, 2011	Acquisition (Non Open Market)	6,920	5.78
May 17, 2011	Acquisition (Non Open Market)	6,802	5.88
Jun 8, 2010	Buy	8,260	4.74 - 4.79
Jun 7, 2010	Buy	10,000	4.83
Jun 7, 2010	Buy	10,000	4.83
Jun 4, 2010	Buy	1,320	4.83
Jun 4, 2010	Buy	20,000	4.84
May 28, 2010	Buy	10,691	4.68
May 27, 2010	Buy	17,845	4.77
May 26, 2010	Buy	1,000	4.61
May 25, 2010	Buy	7,500	4.44
May 24, 2010	Buy	12,100	4.61
Mar 22, 2010	Acquisition (Non Open Market)	8,968	4.46
Jan 6, 2010	Buy	1,588	4.01
Oct 5, 2009	Buy	1,675	3.86
Jul 8, 2009	Buy	1,664	3.53
May 19, 2009	Acquisition (Non Open Market)	3,000	3.30
Feb 25, 2009	Statement of Ownership	0	n/a

Richard W. Scott

Vice President and Chief Investment Officer of Loews Corporation

Richard W. Scott is a seasoned financial services executive with over 30 years of capital markets experience. Since January 2009, he has served as the Senior Vice President and Chief Investment Officer of Loews Corporation, a diversified holdings company, and from 2001 to 2008 he was a senior executive in Insurance Portfolio Management with AIG Investments, a global company engaged in asset management, including service as the Chief Investment Officer–Insurance Operations. His career has included extensive executive and professional responsibility for all aspects of fixed income and insurance portfolio management on both domestic and global platforms, as well as extensive experience as a mergers and acquisitions and capital markets attorney. Mr. Scott brings multidimensional experience to Carriage. He was selected to serve on our Board because of his extensive experience in merger and acquisition transaction analysis, investment management, capital markets strategy and financial performance measurement, all of which provide valuable insight to Carriage.

Member of the Audit Committee
Member of the Compensation Committee since 2009
Chairman of the Corporate Governance Committee since 2009

Holdings: 97,299 shares     View Transactions

Date	Type	Shares Traded	Price Range
May 23, 2012	Acquisition (Non Open Market)	10,359	7.24
May 17, 2011	Acquisition (Non Open Market)	6,802	5.88
Mar 22, 2010	Acquisition (Non Open Market)	8,968	4.46
Jan 6, 2010	Buy	1,330	3.95
Oct 5, 2009	Buy	1,420	3.86
May 19, 2009	Acquisition (Non Open Market)	3,000	3.30
Feb 25, 2009	Statement of Ownership	0	n/a

Donald D. Patteson Jr.

Chairman of the Board of Directors of Sovereign Business Forms, Inc.

Sovereign Business Forms, Inc.
Elected 2011

Donald D. Patteson Jr. was elected to our Board in August 2011. He is the founder and Chairman of the Board of Directors of Sovereign Business Forms, Inc. ("Sovereign"), a consolidator in the wholesale manufacturing of custom business forms and related products segment of the printing industry. Prior to founding Sovereign in August 1996, he served as Managing Director of Sovereign Capital Partners, an investment firm specializing in leveraged buyouts. Mr. Patteson also previously served as President and Chief Executive Officer of WBC Holdings, Inc., a consolidator in the rent-to-own industry, and was President and Chief Executive Officer of Temple Marine Drilling, Inc./R.C. Chapman Drilling Co., Inc., a consolidation and workout subsidiary of GE Capital in the drilling industry. He was President, Chief Executive Officer and Director of Temple Drilling and held various other executive and financial management positions in the offshore drilling industry. Mr. Patteson began his business career with Arthur Andersen's management consulting practice. Mr. Patteson currently serves on the Board of Directors of Rosetta Resources, Inc. as a member of the Audit Committee and Chairman of the Compensation Committee. Mr. Patteson was selected to serve on our Board based on his experience with executive and financial management roles as well as his experience in the consolidation industry.

Chairman of the Audit Committee
Member of the Compensation Committee
Member of the Corporate Governance Committee

Holdings: 34,657 shares     View Transactions

Date	Type	Shares Traded	Price Range
May 23, 2012	Acquisition (Non Open Market)	10,359	7.24
Nov 15, 2011	Buy	4,900	5.70
Nov 10, 2011	Buy	100	5.70
Aug 10, 2011	Statement of Ownership	0	n/a

David J. DeCarlo

Former Vice Chairman of Matthews International Corporation

David J. DeCarlo was elected to our Board in May 2011. He has had more than 24 years of experience in the death care industry, having served as an executive officer in various roles for Matthews International ("Matthews"), a leading worldwide supplier of death care products, including serving as President of the Bronze Division and Group President of the Memorialization Group. Mr. DeCarlo also served as a director of Matthews for 22 years. He retired from Matthews as Vice Chairman of the Board of Directors in 2008. Before joining Matthews in 1985, Mr. DeCarlo held diverse management and executive roles in finance, manufacturing, operations, sales, marketing and management and information systems at several Fortune 500 companies. Mr. DeCarlo has an MBA in Finance, a Masters of Arts in Economics and Statistics, and a Ph.D. in Applied Economics and Finance (all but dissertation) from the Wharton School of Finance and University of Pennsylvania, as well as a Bachelor of Science degree in Industrial Management from West Virginia University. Mr. DeCarlo was selected to serve on our Board as a result of his long history in the death care industry and experience in a multitude of executive roles in other industries, which make him highly qualified to be a member of our Board. Member of the Audit Committee
Chairman of the Compensation Committee
Member of the Corporate Governance Committee
Member of the Executive Committee

Holdings: 0 shares     View Transactions

Date	Type	Shares Traded	Price Range
Dec 26, 2012	Disposition (Non Open Market)	60,329	n/a
Dec 26, 2012	Acquisition (Non Open Market)	60,329	n/a
Dec 19, 2012	Disposition (Non Open Market)	17,306	n/a
Dec 19, 2012	Disposition (Non Open Market)	43,023	n/a
Nov 19, 2012	Buy	2,500	11.09
Nov 16, 2012	Buy	2,500	10.71
Nov 16, 2012	Buy	5,000	10.87 - 10.89
Nov 15, 2012	Buy	2,500	10.76
Nov 14, 2012	Buy	2,500	10.94
Nov 13, 2012	Buy	2,500	10.94
Nov 12, 2012	Buy	2,500	10.91
May 23, 2012	Acquisition (Non Open Market)	10,359	7.24
Nov 16, 2011	Buy	3,571	5.73
Nov 15, 2011	Buy	3,454	5.80
Nov 14, 2011	Buy	3,420	5.84
Nov 11, 2011	Buy	3,424	5.84
Nov 10, 2011	Buy	3,437	5.84
May 17, 2011	Statement of Ownership	0	n/a

Barry K. Fingerhut

Chief Executive Officer of Certification Partners, LLC

Elected 2012

Barry K. Fingerhut was elected to our Board in March 2012. Mr. Fingerhut has been the Chief Executive Officer and majority equity owner of Certification Partners, LLC, a developer and global distributor of IT certification programs, since the fall of 2010. Prior to 2010, he focused much of his career in investing in small capitalization companies in the for-profit education and training, publishing, media, consumer services, hydrocarbon, investment and financial services industries. He served as President of GeoCapital, LLC from 1981 to 2004, following two years at First Manhattan Co. and four years as a Limited Partner, then as General Partner of Weiss, Peck & Greer. In 1992, he co-founded Wheatley Partners, a venture capital partnership, specializing in investments in new technologies and services. In 2004, he formed Fingerhut Management, a family and friends investment office in New York City. In 2009, he co-founded The Caregiver Institute, LLC, formed to address the enormous challenges of aiding the work of home caregivers in the United States. Mr. Fingerhut also served on our Board for the period from 1995 through 1999. Mr. Fingerhut was selected to serve on our Board due to his past experience with Carriage and his extensive investment knowledge. Our Board believes that this experience and knowledge makes him a highly qualified member of our Board.

Member of the Audit Committee since 2012
Member of the Compensation Committee since 2012
Member of the Corporate Governance Committee since 2012

Holdings: 4,209 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 25, 2013	Sell	2,638	20.45
Mar 22, 2013	Sell	14,840	20.41
Mar 21, 2013	Sell	23,840	20.44
May 23, 2012	Acquisition (Non Open Market)	10,359	7.24
Mar 21, 2012	Buy	10,000	6.20
Mar 5, 2012	Statement of Ownership	0	n/a