trending Market Intelligence /marketintelligence/en/news-insights/trending/z1yqY_eJ2nHSqojY9_8o_Q2 content esgSubNav
In This List

CoreCivic names outgoing chief corrections officer to board, amends bylaws

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


CoreCivic names outgoing chief corrections officer to board, amends bylaws

CoreCivic Inc. named Harley Lappin to its board, expanding the number of directors to 10 from nine, eight of whom are independent.

Lappin will assume his board seat effective Jan. 1, 2018, when he retires as executive vice president and chief corrections officer of the company.

The company's board of directors also amended its bylaws to allow shareholders to amend the bylaws by affirmative majority stockholder votes.

Proposed amendments must be submitted by a stockholder or a group of up to five stockholders who have held 1% or more of the company's outstanding common stock for at least a year. No proposal may alter, repeal or be inconsistent with the bylaws providing for indemnification of directors and officers or the new bylaw.