Former director of the U.S. Marshals Service, Stacia Hylton, has joined the board of directors of Corrections Corporation of America.
Corrections Corporation of America, or CCA, is the largest for-profit prison corporation in the country.
Ms. Hyltons' appointment comes on the heal of a CCA report from an August 3 earning that stock prices plummeted which could cause CCA to lose a lucrative South Texas contract. Losing the contract would put a major dent in CCA's revenue. According to the most recent annual filing with the Securities and Exchange Commission, the South Texas facility generated $244.7 million for the company in 2015 – more than 13 percent of the company's total revenue.