Sunday, November 6, 2011

Corrections Corporation-US


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Corrections Corporation of America (NYSE: CXW) (CCA) is a company that owns and manages prisons and detention centers and operates others on a concession basis. The company is the largest private corrections company in the United States and manages more than 60 facilities with a designed capacity of 90,000 beds. CCA, incorporated in 1983 by three businessmen with experience in government and corrections, is based in Nashville, Tennessee.
Type Public
Traded as
NYSE: CXW
Industry           Prisons
Founded          Nashville, TN (1983)
Founder(s)       Tom Beasley
T. Don Hutto
Doctor (i.e., given first name) Robert Crants
Headquarters  Nashville, TN, USA
Area served     United States
Key people      John D. Ferguson
Chairman of the Board
Damon T. Hininger
President & CEO
Todd J. Mullenger
EVP & CFO
Steven E. Groom
EVP & General Counsel
Harley G. Lappin
EVP & Chief Corrections Officer
Anthony L. Grande
EVP & CBDO
Brian D. Collins
EVP & CHRO
Revenue            $ 1.736 billion
Operating income
  $ 332.06 million
Net income
  $ 162.51 million
Total assets
  $ 3.020 billion
Total equity
  $ 1.408 billion
Employees       16,750 - December 2011
Website           www.cca.com
References: 2011 financial statements




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