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UNITED STATES 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 10, 1999
STEWART ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
LOUISIANA 0-19508 72-0693290
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
110 Veterans Memorial Boulevard
Metairie, Louisiana 70005
(Address of principal executive offices) (Zip Code)
(504) 837-5880
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events
On December 10, 1999 the Company issued the following press release.
CONTACT: William E. Rowe
President and CEO
Stewart Enterprises, Inc.
110 Veterans Boulevard
Metairie, Louisiana 70005
504/837-5880
FOR IMMEDIATE RELEASE
STEWART ENTERPRISES NAMES BRIAN J. MARLOWE CHIEF OPERATING OFFICER
Metairie, LA, December 10, 1999 . . . Brian J. Marlowe has been named
chief operating officer of Stewart Enterprises, Inc. (NASDAQ:STEI),
effective immediately, announced William E. Rowe, president and chief
executive officer of the Company.
In his new position, Marlowe is responsible for overseeing Stewart's
cemetery and funeral home operations worldwide, including directing the
sales and marketing activities of the Company.
"Brian has distinguished himself for more than 30 years in the death care
industry as an independent operator and as an industry leader," said Rowe.
Marlowe joined Stewart in 1992 and has served as president and chief
executive officer of the Company's Eastern Division, which includes the
East Coast from Georgia to New York and west to Kentucky, Ohio, Tennessee
and West Virginia. He had been advising the chief operating officer of
EuroStewart, which includes operations in five European countries. As a
member of Stewart's Senior Executive Committee, he has been instrumental in
setting goals, determining policy and making strategic plans for the
Company.
-more-
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Marlowe Named COO continued:
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"Having worked with Brian Marlowe throughout most of our careers in this
industry, I can report firsthand that he is well known in our business for
his knowledge and leadership," said Rowe. "He is highly regarded by his
colleagues for his insight and business acumen. Our company is fortunate to
have Brian Marlowe as its chief operating officer as we renew our focus on
growth through operations."
Marlowe has been an active and visible figure in the industry, serving most
recently as president of the International Cemetery and Funeral
Association. He has also served as president of several state cemetery
associations and on the board of regional associations.
Founded in 1910, Stewart Enterprises, Inc., is the third largest provider
of products and services in the death care industry in North America,
currently owning and operating 634 funeral homes and 161 cemeteries in
North America, South America, Europe and the Pacific Rim.
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SIGNATURE
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 thereunto duly authorized.
STEWART ENTERPRISES, INC.
December 10, 1999 /s/ KENNETH C. BUDDE
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Kenneth C. Budde
Executive Vice President
Chief Financial Officer
