---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-025645"
form_type: "8-K"
ticker: "GEO"
cik: "0000923796"
company_name: "GEO GROUP INC"
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:42:23.276976+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# GEO Group enters consulting agreement with retiring SVP David Venturella; monthly fee $10K

## Summary
- Consulting agreement effective Feb 1, 2023 through Jan 31, 2025 for former SVP Client Relations David Venturella.
- Monthly consulting fee of $10,000; Venturella's unvested performance shares continue to vest as scheduled.
- Agreement includes non-competition and confidentiality provisions; retirement was previously announced in July 2022.
- Matthew Albence succeeded Venturella as SVP Client Relations as previously disclosed.

## SEC filing metadata
- accession: 0001193125-23-025645
- form_type: 8-K
- ticker: GEO
- cik: 0000923796
- company_name: GEO GROUP INC
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923796/000119312523025645/0001193125-23-025645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923796/000119312523025645/d135134d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-025645
- JSON: https://secwatch.observer/filing/0001193125-23-025645.json
- Plain text: https://secwatch.observer/filing/0001193125-23-025645.txt

## Key facts
- 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: The Company previously announced on a Form 8-K filed on July 22, 2022 Mr. Venturella’s retirement effective February 1, 2023 and announced that Matthew Albence would succeed Mr. Venturella as Senior Vice President, Client Relations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923796/000119312523025645/0001193125-23-025645-index.htm
- Executive change
  Matthew Albence was appointed as Senior Vice President, Client Relations at GEO GROUP INC.
  - Action: appointed
  - Role: Senior Vice President, Client Relations
  source text: The Company previously announced on a Form 8-K filed on July 22, 2022 Mr. Venturella’s retirement effective February 1, 2023 and announced that Matthew Albence would succeed Mr. Venturella as Senior Vice President, Client Relations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923796/000119312523025645/0001193125-23-025645-index.htm

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