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Departure and appointment · 25 September 2026

CoreCivic, Inc.

CXW · Listed

Key facts

How the CEO left
Health or death
Planned or abrupt
Abrupt
Successor
Internal (a current executive)
Outgoing CEO stays as
Adviser
Signs it was forced
None stated
Other news alongside
None
Effective
24 September 2026
Reason given
due to health reasons

Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.

The announcement

CEO Transition On September 25, 2026, CoreCivic, Inc., a Maryland corporation (the “Company”) announced that Patrick D. Swindle, the Company’s President and Chief Executive Officer (“CEO”), has stepped down as President and CEO and resigned from his position on the Company’s Board of Directors (the “Board”), effective as of September 24, 2026 (the “Transition Date”), due to health reasons.
Lucibeth N. Mayberry, who most recently served as the Company’s Executive Vice President and Chief Strategy Officer, has been appointed as President and CEO of the Company, effective as of the Transition Date.

Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗

Share price reaction

The filing reached SEC EDGAR on 25 September 2026 at 20:05 New York time, after the market closed, so day 0 is the next trading day, 28 September 2026. Day 0 is marked by the vertical line.

CXW S&P 500 (SPY)
9095100105110−60−45−30−15Day 0+15Trading days before (−) and after (+) the announcementDay 0 · 28 Sept 2026CXWS&P
Both lines start from 100 on the trading day before the announcement (day −1), so the gap between them shows how the stock did relative to the market. Prices adjusted for splits and dividends. Drag across the chart to zoom in.
WindowCXWS&P 500Abnormal
Days 0 to +1+1.7%−0.9%+1.8%
Days 0 to +3+1.1%−1.0%+0.9%
1 month (days 0 to +21)−4.1%−0.2%−7.6%
3 months (days 0 to +63)so far, 22 of 64 days−4.1%−0.2%−7.6%

The abnormal return is the stock's return beyond what its usual relationship with the market (beta 0.49) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.

News coverage

Headlines from the day before the filing to three days after, found in the GDELT news index by company name, so an occasional match may be about something else. Tone is FinBERT's reading of the headline alone, a language model trained on financial news; it is not our view of the change.