Service announces leadership promotions among executive officers

Service Corporation International announced leadership promotions among its executive officers that were made and approved by the SCI Board of Directors in continuation of the Board’s focus on succession planning to support SCI’s long-term growth. Steven A. Tidwell, SCI’s Senior Vice President of Sales and Marketing, informed the Company of his intent to step down from his role as an executive officer and assume a new role as Special Advisor to the CEO, effective October 1, 2024. Sumner J. Waring, III, who currently serves as COO, has been promoted to President. In addition to indirectly leading SCI’s operations, Waring will assume Tidwell’s sales and marketing responsibilities. Waring’s successful record of leadership in his numerous operations roles and commitment to the profession as a fifth-generation funeral director make him uniquely qualified to assume the role of President. John Faulk, who currently serves as Senior Vice President of Revenue and Business Development, has been promoted to Senior Vice President and CFO With his strategic acumen, institutional knowledge and broad business experience, Faulk is the ideal leader to support SCI’s funeral and cemetery operations. Eric D. Tanzberger, who currently serves as Senior Vice President and CFO, has been promoted to Executive Vice President and CFO, and will oversee business development, including mergers and acquisitions, construction and real estate, as well as pricing and revenue development, in addition to his current responsibilities. His financial expertise and proven leadership will be instrumental in working with these teams to drive SCI’s future growth. Aaron G. Foley, who currently serves as Vice President and Treasurer, has been promoted to Senior Vice President and Treasurer, and will oversee accounting, tax, and risk assurance and advisory services, in addition to his current responsibilities. His 16 years of financial, accounting and management experience with SCI will serve him well in his new role. In their new roles, Messrs. Waring and Tanzberger will continue to report to Ryan, Faulk will report to Waring and Mr. Foley will continue to report to Tanzberger.