This morning we noticed a news release from Market Exclusive that you can see here pertaining to a K-1 filing from Carriage Services. The filing informed the public that effective June 26, 2020, President and Chief Operating Officer William W. Goetz had resigned from those positions at Carriage Services as well as had resigned from a seat on the Carriage Services Board of Directors.
The filing states in part, “The resignation was not the result of any disagreement Mr. Goetz had with the Company on any matter relating to the Company’s operations, policies, and practices.”
You can also see the filing as posted on the Carriage Services website here.
Funeral Director Daily take: We have no speculation on what led to this departure by Mr. Goetz. It was only back in December 2019 that Funeral Director Daily reported on his hiring in this article.
To be fair, there has probably been no time in recent history in the death care profession, because of the COVID-19 situation, where it would be so difficult to assimilate into the profession if you had not had a history of funeral service and/or death care management. Mr. Goetz was selected to his position at Carriage Services from food service provider Sysco.
In addition, at Carriage Services, it is a time where they are integrating the largest acquisitions in their history into their stable of funeral home and cemetery companies. In 2019, the company acquired large operators in New York, Texas, Virginia, and California markets. We would suggest that the time period that coincides with the COVID-19 pandemic would make this integration endeavor more difficult.
Here is another article that Funeral Director Daily published recently that touched on the lack of historical funeral service management in North America’s public death care companies.