secwatch.observer — SEC 8-K summary
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Issuer:     GEO GROUP INC (GEO)
CIK:        0000923796
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001193125-23-003674
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GEO Group SVP Ann Schlarb to retire Jan 31; becomes consultant at $15K/month
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- Ann Schlarb retires as President of GEO Care effective Jan 31, 2023; Wayne Calabrese, COO, assumes duties.
- Schlarb signs 3-year consulting agreement effective Feb 1, 2023, at $15,000 per month plus car and COBRA.
- Unvested performance shares continue to vest; no new awards during consulting term.
- Retirement benefit of $10,000 per month under Senior Officer Retirement Plan, with credited years including pre-acquisition B.I. service.
- Consultant agreement includes non-compete, confidentiality, non-disparagement, and non-solicitation covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923796/000119312523003674/0001193125-23-003674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923796/000119312523003674/d416884d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-003674

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