---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-200110"
form_type: "8-K"
ticker: "GEO"
cik: "0000923796"
company_name: "GEO GROUP INC"
filed_at: "2022-07-22T23:59:59+00:00"
generated_at: "2026-06-24T09:46:29.846162+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# SVP David Venturella to retire; Matthew Albence named successor as SVP Client Relations

## Summary
- David Venturella retires Feb 1, 2023; receives ~$335K NPV monthly retirement payment.
- Matthew Albence succeeds as SVP Client Relations starting Sept 1, 2022; former ICE Acting Director.
- Venturella enters 2-year consulting agreement; unvested performance-based shares continue to vest.

## SEC filing metadata
- accession: 0001193125-22-200110
- form_type: 8-K
- ticker: GEO
- cik: 0000923796
- company_name: GEO GROUP INC
- filed_at: 2022-07-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923796/000119312522200110/0001193125-22-200110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923796/000119312522200110/d362438d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-200110
- JSON: https://secwatch.observer/filing/0001193125-22-200110.json
- Plain text: https://secwatch.observer/filing/0001193125-22-200110.txt

## Key facts
- Executive change
  Matthew T. Albence was appointed as Senior Vice President, Client Relations at GEO GROUP INC.
  - Action: appointed
  - Role: Senior Vice President, Client Relations
  source text: Mr. Matthew T. Albence, 52, will succeed Mr. Venturella as Senior Vice President, Client Relations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923796/000119312522200110/0001193125-22-200110-index.htm
- Executive change
  David Venturella retired as Senior Vice President, Client Relations at GEO GROUP INC.
  - Action: retired
  - Role: Senior Vice President, Client Relations
  source text: On July 18, 2022, David Venturella, Senior Vice President, Client Relations of The GEO Group, Inc. (“GEO” or the “Company”), announced his intention to retire effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923796/000119312522200110/0001193125-22-200110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.