Corrections Corporation of America
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Corrections Corporation of America NYSE: CXW (CCA) is a private company that manages public prisons, and has concessions for many others. The company had annual revenues in 2004 of $1.15 billion USD.
The company boasts that it is the fifth largest prison (corrections) system in the United States, behind only 3 states and the federal government. As such, CCA manages 69,000 beds in 63 facilities, of which it owns 38 owned facilities, in 19 states and Washington, DC
CCA was founded in 1983 by Tom Beasley, T. Don Hutto, and Doctor R. Crants in 1983. CCA is based in Nashville, Tennessee.
[edit] Corporate governance
The current executives of CCA are as follows: CEO, President - John D. Ferguson, CFO, EVP - Irv Lingo, CCO (Chief Corrections Officer), EVP - Dr. Rick Seiter, General Counsel, EVP - Gus Puryear CIO and Vice President of Information Technology - John R. Pfeiffer Vice President of Health Services - John Tighe Vice President of Marketing - Louise Gilchrist Vice President of State Customer Relations - Tony Grande Vice President of Federal and Local Relations - Damon Hininger Vice President of Business Development - Lucibeth Mayberry Vice President of Finance - David Garfinkle Vice President, Treasurer - Todd Mullenger Vice President of Design & Construction - Linda Staley Vice President of Operations - Jimmy Turner
Current members of the board of directors of CCA are: Donna Alvarado, William F. Andrews, Lucius Burch, John Correnti, John D. Ferguson, John Horne, Michael Jacobi, Thurgood Marshall, Jr., Charles Overby, John Prann, Joseph Russel, and Herni Wedell.