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The GEO Group Announces Retirement of President and Chief Operating Officer, Wayne H. Calabrese
BOCA RATON, Fla., Aug 26, 2010 (BUSINESS WIRE) --The GEO Group (NYSE:GEO) ("GEO") announced today that Wayne H. Calabrese, GEO's Vice Chairman, President and Chief Operating Officer will retire effective December 31, 2010 after more than 21 years of service with GEO. Mr. Calabrese, who will turn 60 years old in November 2010, joined GEO as Vice President of Business Development in 1989 and has served in a range of increasingly senior operating and business development positions since that time. Prior to joining GEO, Mr. Calabrese was a partner in the Akron, Ohio law firm of Calabrese, Dobbins and Kepple. Mr. Calabrese's bus... more
The GEO Group, Inc. Announces Final Results of Merger Consideration Elections by Cornell Companies, Inc. Stockholders
BOCA RATON, Fla., Aug 17, 2010 (BUSINESS WIRE) --The GEO Group, Inc. (NYSE: GEO) ("GEO") announced today the final results of the elections made by former stockholders of Cornell Companies, Inc. (NYSE: CRN) ("Cornell") as to the form of merger consideration they wish to receive in connection with the acquisition of Cornell by GEO. GEO closed the acquisition on August 12, 2010, after Cornell stockholders approved the transaction at a special meeting and GEO shareholders approved the issuance of shares of GEO common stock issuable as merger consideration at a special meeting. There were approximately 15,155,527 shares of Cornell comm... more
The GEO Group Reports Second Quarter 2010 Results
2Q10 GAAP Earnings from Continuing Operations Increased to $17.0 Million-$0.35 EPS 2Q10 Pro Forma Earnings from Continuing Operations Increased to $18.3 Million-$0.37 EPS Updated Full-Year 2010 Pro Forma EPS Guidance Increased to $1.43 to $1.48 Issued 3Q10 Pro Forma EPS Guidance of $0.36 to $0.38 Issued 4Q10 Pro Forma EPS Guidance of $0.36 to $0.39 BOCA RATON, Fla., Aug 12, 2010 (BUSINESS WIRE) --The GEO Group (NYSE:GEO) ("GEO") today reported second quarter 2010 financial results. GEO reported GAAP income from continuing operations for the second quarter 2010 of $17.0 million, or $0.35 per ... more
GEO makes Forbes Platinum 400 list.
The GEO Group (NYSE:GEO) ("GEO") is named a Forbes.com 400 Best Big Company in America. GEO was an industry standout with and average five-year total return of 22%. more
A New Face at GEO
Joseph Woodbring has been appointed as the new Vice President for the Office of Professional Responsibility (OPR). more
New Training Standardizations
Mark Karsonovich implemented a new training standardization and learning management system here at GEO. more