Carlos R. Quezada has been the CEO of Carriage Services, Inc. since May 2022. With an MBA emphasizing Finance, he brings a strong understanding of numbers and management to the table. In 2023, Carlos earned a total compensation of about...

Carlos R. Quezada has been the CEO of Carriage Services, Inc. since May 2022. With an MBA emphasizing Finance, he brings a strong understanding of numbers and management to the table. In 2023, Carlos earned a total compensation of about $2.81 million, which includes a $702,000 salary and a significant $1.25 million cash bonus based on his and the company's performance. His leadership style focuses on aligning executive pay with the company's success, supporting both short-term and long-term objectives. He was granted stock options worth 50,000 shares in 2022 and continues to aim for growth in the company. Carlos was born in 1979 and has made a mark in the management field, making important decisions that steer Carriage Services forward. The compensation structure he oversees includes performance metrics based on financial and operational goals, ensuring that leadership remains accountable and motivated. Under his guidance, Carriage Services aims to maintain its trajectory in the competitive market of funeral and cemetery services.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Carriage Services CEOs

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Carlos R. Quezada

CEO of Carriage Services

Education

MBA with an emphasis in Finance

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1979 - 46 years ago

CEO of Carriage Services for

3 years 0 months (May 2022 - Present)

Previous Experience

Managing Director for Service Corporation International

Rivals

Competitors/colleagues of Carlos R. Quezada

Holdings

See how much did Carlos R. Quezada make over time.

As of 2023, Carlos R. Quezada holds significant stock options with Carriage Services, worth approximately $363,896 in vested stock value from restricted shares. His wealth fluctuated, with these holdings increasing since he joined the company in 2022. He received a...

As of 2023, Carlos R. Quezada holds significant stock options with Carriage Services, worth approximately $363,896 in vested stock value from restricted shares. His wealth fluctuated, with these holdings increasing since he joined the company in 2022. He received a grant of 50,000 stock options in 2022, set to vest over seven years, illustrating his long-term commitment to the company's growth. Despite not exercising any options during his tenure so far, his holdings indicate a strategy of investing in the company’s future. With vested stocks that are unlocked in tranches, Carlos shows confidence in the upward potential of Carriage Services. This commitment is manifest in his cash incentives, reflecting his belief in closely aligned interests between him and shareholders. It’s clear Carlos has a vested interest in the ongoing success of Carriage Services as he navigates towards higher returns.

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Insider Trading

See recent insider trades of Carlos R. Quezada.

No insider trades found for this CEO.

Compensation History

See how much did Carlos R. Quezada make over time.

In 2023, Carlos R. Quezada's total compensation reached approximately $2.81 million. This includes a base salary of $702,000, a cash bonus of $1.25 million, and additional compensation components amounting to $16,460. The significant bonus reflects Carlos's performance as CEO and the overall success of Carriage Services, which highlights his leadership role in the company's growth. In comparison, his compensation in 2022 was about $2.03 million, which included a smaller bonus of $540,000, indicating a rise in both his responsibilities and the company's performance metrics. He prioritizes aligning compensation with performance goals, making sure that both short-term and long-term results are considered, which motivates him and his team to drive better results for the company and its shareholders. With a focus on accountability, the compensation structure Carlos manages sets a framework to attract and retain top talent within the organization.

Year

2023

Total Compensation

$2.33M

Salary

$702.00K

Board Justification

The compensation philosophy aligns executive pay with the company's operational and financial performance, supporting short-term and long-term business objectives.

Bonus

$1.25M

Board Justification

The 2023 cash incentive bonus was determined at the Compensation Committee meeting held in February 2024 and was made at the discretion of the Compensation Committee based on the CEO's performance and the company's overall performance.

Other

$16.46K

Board Justification

Includes 401(k) matching contributions, health savings account contributions, dividends on unvested restricted stock, and perquisites.

Restricted Stock

$363.90K(14.55K Restricted Stock)

Board Justification

Restricted stock that vests over a minimum of three years, with the first tranche vesting on the first anniversary of the grant date.

Performance Metrics

The performance metrics include financial, operational, and strategic performance goals.

Other Carriage Services CEOs

Here are other CEOs of Carriage Services

David J. DeCarlo

Ex-CEO of Carriage Services

September 2016 - May 2022