CoreCivic Announces Leadership Change Amid Growth Plans

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An update from CoreCivic ( (CXW) ) is now available.

CoreCivic has appointed Patrick Swindle as its new President and Chief Operating Officer, effective January 1, 2025, while Damon Hininger will continue as CEO. Swindle, with extensive experience at CoreCivic and a background in equity research, is expected to leverage his skills to drive growth during a period of anticipated rapid expansion for the company.

More about CoreCivic

CoreCivic is a diversified government-solutions company specializing in corrections and detention management, residential and non-residential alternatives to incarceration, and government real estate solutions. It is the largest private owner of partnership correctional, detention, and residential reentry facilities in the United States, serving government partners for over 40 years.

YTD Price Performance: 50.58%

Average Trading Volume: 1,293,213

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.41B

For detailed information about CXW stock, go to TipRanks’ Stock Analysis page.

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