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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) December 1, 1999.
THE LOEWEN GROUP INC.
(Exact name of registrant as specified in its charter)
British Columbia, Canada 0-18429 98-0121376
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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.
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Exhibit No. Description
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Exhibit 99 The Loewen Group Inc. Press Release dated December 1,
1999.
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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: December 1, 1999.
THE LOEWEN GROUP INC.
By: /s/ BRADLEY D. STAM
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Name: Bradley D. Stam
Title: Senior Vice President, Law
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EXHIBIT INDEX
Sequential
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Number Exhibit Page Number
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99 The Loewen Group Inc. 4
Press Release dated December 1, 1999
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THE LOEWEN GROUP INC.
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(NYSE, TSE, ME: LWN) NEWS
Contact: Sitrick and Company
Michael Kolbenschlag
(310) 788-2850
FOR IMMEDIATE RELEASE
THE LOEWEN GROUP ELECTS PAUL HOUSTON AS ITS NEW CEO
Robert Lundgren Announces Intention to Step Down
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VANCOUVER, BC, December 1, 1999, THE LOEWEN GROUP INC. (NYSE, TSE, ME: LWN), The
Loewen Group Inc. announced today that Robert Lundgren has expressed his
intention to step down as the Company's President and Chief Executive Officer
effective December 2, 1999. Paul Houston, a member of the Company's Board and
its Audit and Compensation Committees, has been selected by the Board of
Directors to replace Mr. Lundgren as President and Chief Executive Officer.
John S. Lacey, Chairman of The Loewen Group Inc. said "a year ago, Bob Lundgren
was asked by the Board of Directors to step into the job of President and CEO at
a time of crisis for the Company. He provided badly-needed strength and
stability during an extraordinarily difficult period in the Company's history.
The Board appreciates all that he has done for the Company and respects Bob's
decision to step down at this time. We will miss him."
Mr. Lacey added "the Company is very fortunate that Paul Houston has agreed to
accept the position of President and CEO. At Scott's, and throughout his career,
he has demonstrated the ability to provide strong leadership in challenging
situations and to successfully lead consumer-focussed companies.
"The Company's funeral home and cemetery operations will greatly benefit from
Paul's extensive experience in bringing about operational improvement in
highly-decentralized consumer businesses. He also brings to the Company
particular expertise in creating value through the development of information
systems necessary for effective corporate decision making. The Board of
Directors and management look forward to working with Paul in successfully
completing The Loewen Group's restructuring."
Mr. Houston, prior to assuming his new position with The Loewen Group, served as
President and Chief Executive Officer of Scott's Restaurants Inc., one of the
largest food service operators in
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Canada. He previously served as President of Black Photo Corporation and as
Senior Vice President and Chief Information Officer of Scott's Hospitality Inc.
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Based in Vancouver, The Loewen Group Inc. owns or operates more than 1,100
funeral homes and more than 400 cemeteries across the United States, Canada, and
the United Kingdom. The Company employs approximately 13,000 people and derives
approximately 90 percent of its revenue from its US operations.
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