Pre-Paid Legal Founder Steps Down

• Posted by System March 8, 2010 - Filed in Archive - 298 views
  NEW YORK ? Pre-Paid Legal Services, Inc. said Wednesday its CEO will step down and be replaced by two other company officers.

  Harland C. Stonecipher, 71, will be replaced on April 2 by co-CEOs Randy Harp, 54, and Mark Brown, 56. Harp, who is Pre-Paid's current chief operating officer, also will serve as company president. Brown is the company's current chief marketing officer.

  The company said Stonecipher will remain as board chairman.

  Pre-Paid is a legal services company based in Ada, Okla. Its shares fell 3 cents to $41.66 in Wednesday trading.