Private prison operator CoreCivic is under new leadership for the second time in less than a year, the company announced Friday.

Patrick Swindle resigned from the company and the board to start treatment for Stage 4 metastatic pancreatic cancer. He took the helm on the first day of 2026. 

Lucibeth Mayberry has taken over as CEO and president of the company and is joining the board of directors. 

CoreCivic has been busy this year, closely working with the Department of Homeland Security and Immigration and Customs Enforcement on facility sales and expansions, as the Trump administration continues immigration raids around the country. President Donald Trump owns shares in CoreCivic.

Its revenue is up 27% year-over-year as of the second quarter. The operator also updated its guidance nearly tenfold to $1.5B, driven by property sales. As of July, the company owns 41 U.S. facilities that are composed of 62,940 beds.  

CoreCivic was paid $2.2B last month by the DHS for four detention centers it will continue to operate in California, Kansas and Minnesota. DHS is also paying the company $240M annually to reopen closed facilities. 

In July, CoreCivic sold two detention centers in California for $1.5B to ICE. 

Property sales could be winding down. 

The DHS last week doled out five construction contracts worth up to $7B to build detention centers, pivoting away from its purchasing strategy. ICE spent more than $1B on vacant warehouses from December to April. 

Mayberry has been with CoreCivic since 2003 and has held various positions, including executive vice president of real estate from 2016 to 2022. She has been chief strategy officer since May 2025.  

Swindle succeeded Damon Hiniger, who held the CEO position and was a board member for 17 years.