NASHVILLE, Tenn. (PRWEB) August 20, 2015
Corrections Corporation of America (CCA) announced today with great sadness the passing of longtime board member John Correnti, who died Tuesday in Chicago.
“John provided invaluable experience and wisdom to our company,” said Damon Hininger, president and chief executive officer. “Beyond his significant contributions to CCA’s success and growth, John was also a treasured friend to me, his fellow directors and countless others. He will be greatly missed.”
Correnti, who had decades of national leadership in the steel industry, came to CCA as a director in 2000 and served on the Board’s Compensation Committee.
“I was honored to know John for 15 years and will miss his steady counsel,” said John D. Ferguson, chairman of the board. “I join with my fellow board members and all of us at CCA in sending our deepest condolences to his family.”
CCA, a publicly traded real estate investment trust (REIT), is the nation’s largest owner of partnership correction and detention facilities and one of the largest prison operators in the United States, behind only the federal government and three states. We currently own or control 52 correctional and detention facilities and manage 12 additional facilities owned by our government partners, with a total design capacity of approximately 84,500 beds in 19 states and the District of Columbia. CCA specializes in owning, operating and managing prisons and other correctional facilities and providing inmate residential, community re-entry and prisoner transportation services for governmental agencies. In addition to providing the fundamental residential services relating to inmates, our facilities offer a variety of rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training and substance abuse treatment.