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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 24, 1996
THE LOEWEN GROUP INC.
(Exact name of registrant as specified in its charter)
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British Columbia, Canada 0-18429 98-0121376
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation)
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4126 Norland Avenue, Burnaby, British Columbia V5G 3S8
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 604-299-9321
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N/A
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(Former name or former address, if changed since last report)
Exhibit Index is on page 3
Page 1 of 5
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ITEM 5. OTHER EVENTS.
Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by
reference the press release attached hereto as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
EXHIBIT NO. DESCRIPTION
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Exhibit 99 The Loewen Group Inc. Press Release
dated May 24, 1996.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: May 24, 1996
THE LOEWEN GROUP INC.
By: /s/ PETER S. HYNDMAN
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Name: Peter S. Hyndman
Title: Corporate Secretary
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EXHIBIT INDEX
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Sequential
Number Exhibit Page Number
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99 The Loewen Group Inc. 4
Press Release dated May 24, 1996
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May 24, 1996 For more information contact:
Paul Wagler, Senior Vice President, Finance
Dwight Hawes, Vice President, Finance
The Loewen Group Inc.
Tel: (800) 347-7010
Stock Symbols:
TSE: LWN
ME: LWN
Nasdaq: LWNGF
(All amounts listed in U.S. dollars)
FOR IMMEDIATE RELEASE
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THE LOEWEN GROUP ANNOUNCES SENIOR MANAGEMENT ADDITIONS
BURNABY, B.C. - Mr. Ray Loewen, Chairman and CEO of The Loewen Group is
pleased to announce that Mr. Doug McKinnon, Mr. Grant Ballantyne and Mr. Tom
Stilgenbauer have joined the Company's senior management team. Mr. McKinnon
and Mr. Ballantyne are both based out of the Loewen home office in Burnaby
while Mr. Stilgenbauer is located at the Company's Cincinnati headquarters.
"The Loewen Group is experiencing another record year of growth and continues
to expand its senior management team along with its infrastructure", said Ray
Loewen, Chairman and CEO. "We are pleased to add executives of this calibre to
broaden and strengthen our management team".
DOUG MCKINNON, EXECUTIVE VICE-PRESIDENT
Mr. McKinnon has had a long and distinguished career in senior management,
including as president of Paperboard Industries Corporation in Ontario, Canada.
Mr. McKinnon's role will include overseeing The Loewen Group's organizational
structure and providing direction and support to senior management.
GRANT BALLANTYNE, SENIOR VICE-PRESIDENT, FINANCIAL CONTROL AND ADMINISTRATION
Mr. Ballantyne has had almost thirty years of experience in finance and
administration, most recently as senior vice-president and CFO for CUC
Broadcasting Limited in Ontario, Canada. Reporting to Mr. McKinnon, his
responsibilities include corporate budgeting, financial reporting and control.
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The Loewen Group Inc. May 24, 1996 Page 2
TOM STILGENBAUER, VICE-PRESIDENT, OPERATIONS
Mr. Stilgenbauer brings 25 years of financial and operational management
experience from the retail industry to The Loewen Group. He most recently was
senior vice-president, operations of Hook-Superx, Inc., a chain of 1,200 retail
drug stores. Prior to that position, he was divisional president of Superx
Drugs a division of Hook-Superx. Mr. Stilgenbauer will be responsible for the
operating management of the company's funeral homes in the United States and
Canada.
The Loewen Group is also announcing, with regret, the departure of Bruce
Watson, executive vice-president from our senior management team. Ray Loewen
has expressed his heartfelt thanks to Mr. Watson for his three years of
outstanding service and contribution to the growth and success of The Loewen
Group. Mr. Loewen joins all members of the Company in wishing Mr. Watson the
very best in his future endeavours.
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With corporate offices in Burnaby, British Columbia, Cincinnati and
Philadelphia, The Loewen Group is the second largest funeral home and cemetery
operator in North America. The company employs approximately 10,000 people and
owns and operates 847 funeral homes and 201 cemeteries across the United States
and Canada. Over 90 per cent of the company's revenue is derived from the
United States.
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