Board of Directors of StoneMor Partners Announces Retirement of CEO
StoneMor Inc. (STON)
US:NYSE Investor Relations:
stonemor.com/investors/default.aspx
Company Research
Source: GlobeNewswire
TREVOSE, Pa., March 28, 2017 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of StoneMor GP LLC (“StoneMor GP”), the general partner of StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”), today announced that the Partnership’s co-founder, Lawrence Miller, has decided to retire and will step down as Chairman, President and Chief Executive Officer of StoneMor GP, effective August 31, 2017, or earlier if a successor is appointed. Mr. Miller will remain an advisor to StoneMor GP and Vice Chairman of the Board following his retirement. The Board has engaged the nationally recognized executive search firm of Heidrick & Struggles to assist in identifying candidates to replace Mr. Miller. Robert B. Hellman, Jr., lead director of the Board of Directors and Chairman of the General Partner commented, “I have known Larry as a personal friend and a dynamic business colleague for over fifteen years and have enjoyed partnering and working with him. As the co-founder o
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