Former U.S. Marshal Joins CCA Board
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.