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The GEO Group, Inc. (GEO)

NYSE - Nasdaq Real-time price. Currency in USD
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6.77+0.06 (+0.89%)
As of 10:18AM EDT. Market open.

The GEO Group, Inc.

4955 Technology Way
Boca Raton, FL 33431
United States
561 893 0101
https://www.geogroup.com

Sector(s):Β Real Estate
Industry:Β REITβ€”Healthcare Facilities
Full-time employees:Β 15,800

Key executives

NameTitlePayExercisedYear born
Dr. George C. Zoley Ph.D.Founder & Exec. Chairman9.86MN/A1950
Mr. Jose Gordo J.D.CEO & Director1.66MN/A1974
Mr. Brian R. EvansSr. VP & CFO1.46MN/A1968
Mr. Joe NegronGen. Counsel & Corp. Sec.931.92kN/A1962
Mr. David J. VenturellaSr. VP of Client Relations939.12kN/A1967
Dr. Ann M. Schlarb Ph.D.Sr. VP & Pres of GEO Care1.02MN/A1965
Mr. Ronald A. BrackExec. VP, Chief Accounting Officer & ControllerN/AN/A1962
Daniel FriendVP of Corp. Fin.N/AN/AN/A
Jose RosarioExec. VP, Chief Information Officer & Chief Information Security OfficerN/AN/AN/A
Daniel H. RagsdaleExec. VP of Contract ComplianceN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The GEO Group, Inc. owns, leases, and manages secure facilities, processing centers, and reentry centers in the United States, Australia, South Africa, and the United Kingdom. The company operates through four segments: U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services. It offers counseling, education, and treatment for alcohol and drug abuse problems; and rehabilitation services, including cognitive behavioral treatment and post-release services, as well as academic and vocational classes in life skills and treatment programs under the GEO Continuum of Care platform. The company also provides secure facility management services, including security, administrative, rehabilitation, education, and food services at secure services facilities; reentry services comprising supervision of individuals in community-based programs and reentry centers, and provision of temporary housing, programming, employment assistance, and other services; electronic monitoring and evidence-based supervision services for community-based parolees, probationers, and pretrial defendants; and secure transportation services. As of December 31, 2021, it owned and managed approximately 86,000 beds at 106 secure and community services facilities comprising idle facilities; and served approximately 250,000 offenders and pretrial defendants, including approximately 150,000 individuals through various technology products, including radio frequency, GPS, and alcohol monitoring devices. The company was founded in 1984 and is based in Boca Raton, Florida.

Corporate governance

The GEO Group, Inc.’s ISS governance QualityScore as of 1 May 2022 is 5. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.