CoreCivic announced that Patrick D. Swindle resigned as President and CEO on September 24, 2026, due to health reasons related to stage four metastatic pancreatic cancer. Lucibeth N. Mayberry was appointed as the new President and CEO and joined the Board of Directors effective immediately. Mr. Swindle will serve as Special Advisor through September 24, 2028, receiving a transition package including $10.35 million in cash for forfeited equity and unpaid incentives, plus salary continuation. Ms. Mayberry’s annual base salary is set at $900,000 with a target short-term incentive of 135% and an approximately $2.5 million long-term equity grant scheduled for Q1 2027. CoreCivic operates as the nation's largest owner of partnership correctional, detention, and residential reentry facilities in the United States.
