CoreCivic CEO Patrick Swindle resigns for health reasons; Lucibeth Mayberry named President and CEO

CoreCivic, Inc.

Swindle stepped down as President and CEO and resigned from the board effective Sept 24, 2026, citing stage four metastatic pancreatic cancer; he had been CEO since Jan 1, 2026.
Lucibeth Mayberry, EVP and Chief Strategy Officer since May 2025, named President and CEO and appointed to the board effective Sept 24, 2026; base salary set at $900,000.
Mayberry's short-term incentive target is 135% of base salary, prorated for 2026; she receives about $2.5M in RSUs in Q1 2027, 40% time-based and 60% performance-based over three years.
Swindle becomes Special Advisor through Sept 24, 2028, getting $2,293,270 for FY2026 incentive and $8,059,609 for forfeited unvested equity, with salary stepping down to 50% after 12 months.
Mayberry pledged to continue the current capital allocation strategy and operational focus, citing property sales announced earlier this year.

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