|Service Corporation International Announces Changes in Management Team|
HOUSTON, Jan. 12 /PRNewswire/ -- Service Corporation International (NYSE: SRV), the world's largest funeral and cemetery company, announced today changes in the Company's management team. Mr. B.D. Hunter was named Vice Chairman of the Board of Directors and Jerald L. Pullins was named President and Chief Operating Officer of the Company.
Mr. Hunter has been involved in various aspects of the funeral and cemetery industry since the 1960s and brings a wealth of industry knowledge to the Company. Mr. Hunter has been a member of the Board of Directors of the Company since 1986.
Mr. Pullins has a long and successful history in various roles with the Company and within the funeral service industry since the mid-1960s. After being primarily responsible for the Company's European operations since 1994, Mr. Pullins has most recently held the position of Chief Operating Officer of the Company.
In other management changes, the Company announced the appointment of Stephen J. Uthoff as Vice President and Chief Information Officer of the Company. Mr. Uthoff was formerly a Vice President with Browning-Ferris Industries, Inc. in a financial and information technology role. The Company also announced the promotion of Eric D. Tanzberger to Vice President of Investor Relations and Assistant Corporate Controller.
Commenting on the Company's management team changes, SCI Chairman and Chief Executive Officer, Robert L. Waltrip, said:
"We are very pleased with these management team changes which will assist the Company in its strategic initiatives of increasing cash flow, reducing overhead and paying down debt. Bud Hunter has been instrumental to the 1999 restructuring process of our Company and Jerry Pullins brings a wealth of ability and experience as President of the Company. I am also very pleased to announce the addition of Steve Uthoff as Chief Information Officer to our management team who will be working closely with our recently announced new Chief Financial Officer, Jeff Curtiss."
In his new role as President and Chief Operating Officer, Mr. Pullins, stated:
"Our goal is to continue our transition to an operating company generating internal growth with a renewed focus on customer satisfaction. We will become even more competitive on a local and global basis and will be assisted by the expansion of our affinity relationship programs which will increase our preneed and atneed customer base.
The Company will conduct a conference call Thursday, January 13, 2000, at 2:00 p.m. Eastern time to discuss items associated with this announcement. The teleconference call-in number is (800) 810-0924. Please call fifteen minutes prior to the start time in order to participate. If you are calling from outside the United States, the dial-in number is (913) 981-4900. Interested parties will also have the opportunity to listen to the live conference call via the Internet through PRNewswire at http://www.videonewswire.com/SERVICE/011300/.
As of September 30, 1999, SCI affiliates operated 3,823 funeral service locations, 524 cemeteries and 198 crematoria. SCI provides funeral and cemetery services in 20 countries on five continents.
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through Company News On-Call by fax, (800) 758-5804, extension 104532, or at
http://www.prnewswire.com or SCI's homepage: http://www.sci-corp.com.