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Corrections Corporation of America (CXW)

35.81 0.21(0.59%) Aug 20, 4:02PM EDT
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Corrections Corporation of America
10 Burton Hills Boulevard
Nashville, TN 37215
United States - Map
Phone: 615-263-3000
Fax: 615-263-3140

Index Membership:N/A
Industry:REIT - Diversified
Full Time Employees:15,400

Business Summary 

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. The company also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and mental health services. In addition, it leases its facilities to third-party operators. The company serves federal, state, and local correctional and detention authorities. As of December 31, 2012, the company owned and managed 47 correctional and detention facilities; and managed 20 correctional and detention facilities, which it did not own. Corrections Corporation of America was founded in 1983 and is based in Nashville, Tennessee.

Key Statistics

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Corporate Governance 
Corrections Corporation of America’s ISS Governance QuickScore as of Aug 1, 2014 is 2. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 1; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. John D. Ferguson , 68
Exec. Chairman and Member of Exec. Committee
Mr. Damon T. Hininger , 44
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
Mr. Steven E. Groom , 62
Exec. VP, Gen. Counsel and Sec.
Mr. Anthony L. Grande , 44
Chief Devel. Officer and Exec. VP
Mr. Harley G. Lappin III, 58
Chief Corrections Officer and Exec. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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