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Corrections Corp. of America (CXW)

On Feb 9: 17.83 USD  Down 0.03 (0.17%)  
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Corrections Corp. of America
10 Burton Hills Boulevard
Nashville, TN 37215
Phone: 615-263-3000
Fax: 615-269-8635
Web Site: http://www.correctionscorp.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Financial
Industry: Property Management
Employees (last reported count): 16,000

BUSINESS SUMMARY
Corrections Corporation of America engages in the ownership and operation of privatized correctional and detention facilities in the United States. It owns, operates, and manages prisons, jails, and other correctional facilities, as well as provides inmate residential and prisoner transportation services for governmental agencies. The company's facilities offer various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment. It also provides healthcare services, including medical, dental, and psychiatric services; food services; and work and recreational programs. Corrections Corporation offers its services to federal, state, and local correctional and detention authorities. As of December 31, 2006, the company owned 43 correctional, detention, and juvenile facilities in 14 states and the District of Columbia, of which 3 were leased to third-party operators. It also managed 24 correctional and detention facilities owned by government agencies. The company was founded in 1983 and is based in Nashville, Tennessee.
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    OFFICERS
      Pay Exercised
    Mr. John D. Ferguson , 65
    Vice-Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    $ 1.74M $ 20.79M
    Mr. G. A. Puryear IV, 39
    Exec. VP, Sec. and Gen. Counsel
    $ 593.00K $ 1.70M
    Dr. Richard P. Seiter , 61
    Chief Corrections Officer and Exec. VP
    N/A N/A
    Mr. Todd J. Mullenger , 49
    Chief Financial Officer, Exec. VP and Assistant Sec.
    N/A N/A
    Mr. Anthony Grande ,
    Sr. VP of Bus. Devel.
    N/A N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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