leadership
confidence high
sentiment neutral
materiality 0.70
CoreCivic CEO Damon Hininger to step down Jan 1, 2026; President Patrick Swindle to succeed
CoreCivic, Inc.
- Damon T. Hininger steps down as CEO and from Board effective January 1, 2026, after 16 years as CEO.
- Patrick Swindle, currently President and COO, appointed CEO and Board member effective same date.
- Hininger to serve as Special Advisor to CEO and Chairman through March 31, 2027 under transition agreement.
- Swindle's 2026 compensation: $900k base salary, 132% bonus target, $2.502M equity grant (40% time-based, 60% performance-based).
- Swindle joined CoreCivic in 2007 and has led operations, facility activations, and restructuring.