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AI brief of an SEC Form 8-K · CoreCivic (CXW)

CoreCivic names Lucibeth Mayberry CEO after Patrick Swindle steps down for health reasons

Neutral Impact 4 of 5 leadership Written later

CoreCivic CEO Patrick Swindle resigned as President, CEO and director effective September 24, 2026, due to health reasons. Lucibeth Mayberry, the company's Executive Vice President and Chief Strategy Officer, was named President and CEO and appointed to the Board on the same date, and she said she is committed to continuing the current capital allocation strategy.

Key points

  • Swindle resigned as President, CEO and Board member effective September 24, 2026, due to health reasons.
  • Mayberry, Executive Vice President and Chief Strategy Officer since May 2025, became President and CEO effective September 24, 2026, with an annual base salary of $900,000.
  • Mayberry's short-term cash incentive target is 135% of her base salary; her 2027 long-term equity grant is about $2.5 million.
  • Swindle will serve as Special Advisor through September 24, 2028, and will receive $2,293,270 in cash and an $8,059,609 lump sum in exchange for forfeited equity awards, subject to a release of claims.

The filing

CompanyCoreCivic (CXW)
Form8-K, current report
Filed with the SECSep 25, 2026, 4:05 PM ET
Accession number0001193125-26-402817

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 September 25, 2026.

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.