CoreCivic promotes Daren Swenson to executive vice president, effective Jan. 1, 2026
CoreCivic's Board appointed Daren Swenson, currently Senior Vice President and Chief Corrections Officer, as Executive Vice President and Chief Corrections and Reentry Officer, effective January 1, 2026. The filing sets his fiscal 2026 base salary at $515,000 and a short-term incentive target of 132% of base salary, and describes a restricted stock unit grant for 2026 that the company says is part of its regular compensation cycle.
Key points
- Board appointment made on December 11, 2025; role takes effect January 1, 2026
- Base salary of $515,000 for the fiscal year beginning January 1, 2026
- Short-term cash incentive target equal to 132% of base salary, tied to goals to be set in the first quarter of 2026
- Long-term grant of restricted stock units in the first quarter of 2026, expected to be 50% time-based and 50% performance-based, both over three years
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.