secwatch.observer — SEC 8-K summary
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Issuer:     GEO GROUP INC (GEO)
CIK:        0000923796
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0001193125-23-289201
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GEO CEO Jose Gordo departs Dec 31; Brian Evans named new CEO
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- Jose Gordo departs as CEO and board member Dec 31, 2023; becomes advisor at $40K/month for 18 months.
- Brian Evans, former CFO (14 yrs), appointed CEO effective Jan 1, 2024; base salary $1M, target bonus 100%.
- Shayn March becomes Acting CFO effective Jan 1, 2024; salary increased to $450K annually.
- Wayne Calabrese named President and COO effective Jan 1, 2024; base salary $700K.
- Founder George Zoley to step down as Executive Chairman June 30, 2026; to remain as non-Exec Chairman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923796/000119312523289201/0001193125-23-289201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923796/000119312523289201/d628144d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-289201

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer