NYSE:CXWCommercial Services
CoreCivic (CXW) Leadership Transition and Federal Contract Might Change the Case for Investing
On August 18, 2025, CoreCivic announced that CEO Damon T. Hininger will step down in January 2026, with President and COO Patrick Swindle set to assume the CEO role and join the company's Board following Hininger's resignation.
This leadership change coincided with the resumption of operations at CoreCivic's West Tennessee Detention Facility under a new contract with the City of Mason and U.S. Immigration and Customs Enforcement, expected to contribute US$30 million to US$35 million in...