NYSE:GEOCommercial Services
Founder Returns As GEO Group Activates US$520m Contracts And Seeks Value
GEO Group (NYSE:GEO) has announced a major CEO transition as founder Dr. George C. Zoley returns to lead the company.
The change follows what the company describes as record new business wins and the largest facility expansion in its history.
New or expanded contracts are tied to approximately $520 million in annualized revenue and the activation of five major facilities.
GEO Group operates correctional, detention, and community reentry facilities, so leadership changes can matter for how...