The GEO Group, Inc. Announces Appointment of Duane Helkowski to the Board of Directors
July 15, 2020 at 02:12 am IST
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The GEO Group, Inc. announced appointment of Duane Helkowski to the Board of Directors of the Company effective July 9, 2020. Mr. Helkowski will serve as a director of the Company for a term expiring at the 2021 Annual Meeting of Shareholders, at which time his continued service on the Board of Directors will be subject to renomination and shareholder approval. The appointment of Mr. Helkowski was not pursuant to any arrangement or understanding between him and any other person. Mr. Helkowski has over 30 years of experience in advising companies with respect to lending and capital markets transactions. Since July 2019, Mr. Helkowski has been serving as a strategic advisor to several small and mid-size businesses with respect to the debt capital markets and mergers and acquisitions. Mr. Helkowski was an investment banker with BNP Paribas from March 1995 until he retired on July 1, 2019, including serving most recently as the Sector Industry Head for REITS, Gaming/Leisure and Homebuilders from 2002-2019. Prior to joining BNP Paribas, Mr. Helkowski worked for ABN AMRO Bank (now a division of the Royal Bank of Scotland) from June 1988 to March 1995, including serving as an Internal Auditor, Senior Credit Analyst and Assistant Vice President and Lending Officer.
The GEO Group, Inc. is a diversified government service provider. It is specialized in designing, financing, development and support services for facilities, processing centers and community reentry centers. Its worldwide operations include the ownership and/or delivery of support services for 100 facilities totaling approximately 81,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees. Its U.S. Secure Services segment primarily encompasses its United States-based public-private partnership secure services business. Its Electronic Monitoring and Supervision Services segment conducts its services in the United States, and consists of its electronic monitoring and supervision services. Its Reentry Services segment consists of various community-based and reentry services. Its International Services segment primarily consists of its public-private partnership secure services operations in Australia and South Africa.