GEO Group Appoints New CFO, Sets Compensation
Ticker: GEO · Form: 8-K · Filed: Jan 13, 2025 · CIK: 923796
Sentiment: neutral
Topics: executive-compensation, cfo-appointment
TL;DR
GEO Group names Brian Evans new CFO, starting Jan 13 with $425k salary + bonus.
AI Summary
On January 6, 2025, The GEO Group, Inc. reported changes in its executive compensation arrangements. Specifically, the company announced the appointment of Brian R. Evans as Chief Financial Officer, effective January 13, 2025. Evans will receive an annual base salary of $425,000 and is eligible for a discretionary annual bonus.
Why It Matters
The appointment of a new CFO and the details of their compensation can signal the company's financial strategy and outlook to investors.
Risk Assessment
Risk Level: low — This filing primarily concerns executive appointments and compensation, which typically have a low direct impact on the company's overall risk profile.
Key Numbers
- $425,000 — CFO Annual Base Salary (Compensation for newly appointed CFO Brian R. Evans.)
Key Players & Entities
- GEO GROUP, INC. (company) — Registrant
- Brian R. Evans (person) — Appointed Chief Financial Officer
- $425,000 (dollar_amount) — Annual base salary for new CFO
- January 13, 2025 (date) — Effective date of CFO appointment
- January 6, 2025 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of The GEO Group, Inc.?
Brian R. Evans has been appointed as the new Chief Financial Officer.
When is Brian R. Evans' appointment as CFO effective?
The appointment is effective January 13, 2025.
What is the annual base salary for the new CFO?
The annual base salary for Brian R. Evans is $425,000.
Is the new CFO eligible for a bonus?
Yes, Brian R. Evans is eligible for a discretionary annual bonus.
What is the earliest date of the events reported in this 8-K filing?
The earliest date of the events reported is January 6, 2025.
Filing Stats: 463 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-13 16:15:25
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 Par Value GEO New York Stock Exchan
Filing Documents
- d901526d8k.htm (8-K) — 23KB
- 0001193125-25-005315.txt ( ) — 138KB
- geo-20250106.xsd (EX-101.SCH) — 3KB
- geo-20250106_lab.xml (EX-101.LAB) — 17KB
- geo-20250106_pre.xml (EX-101.PRE) — 11KB
- d901526d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE GEO GROUP, INC. January 13, 2025 By: /s/ Mark J. Suchinski Date Mark J. Suchinski Senior Vice President and Chief Financial Officer (Principal Financial Officer) 3