Jack Brewer
About Jack Brewer
Jack Brewer (age 46) has served on GEO’s Board since July 2021 and is the Lead Independent Director, bringing 20+ years of leadership, business and consulting experience; he holds BS and MS degrees in Sports Management from the University of Minnesota . He previously captained NFL teams (Vikings, Giants, Eagles), founded The Serving Institute (Liberty University–affiliated academy for at‑risk youth), is an adjunct professor at Fordham’s Gabelli School of Business, and was appointed in 2020 to the Congressional Commission for the Social Status of Black Men and Boys .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Minnesota Vikings; New York Giants; Philadelphia Eagles | NFL Team Captain | Not disclosed | Leadership and team management experience |
| Portfolio of businesses (investment advisory, hedge fund, global sports management agency) | Founder/Manager | Since 2001 | Business leadership; financial and operations oversight |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| The Serving Institute (Liberty University‑affiliated) | Founder | Not disclosed | Faith sports‑based academy for at‑risk youth |
| Fordham Gabelli School of Business | Adjunct Professor | Current | Teaches leadership/transition curriculum for athletes and inmates |
| Congressional Commission on Social Status of Black Men and Boys | White House Appointee | 2020 | National policy advisory role |
| Global charity efforts (Africa & Caribbean) | Leader | Ongoing | Delivered emergency aid and programs to communities in extreme poverty |
Board Governance
- Independence: GEO affirms Brewer is independent under NYSE standards .
- Lead Independent Director: Coordinates agendas with Executive Chairman, calls/chairs independent director sessions; Board reviews structure periodically .
- Attendance: Board met 9 times in 2024; all directors attended at least 75% of Board and relevant committee meetings; all directors attended the 2024 annual meeting .
- Shareholder engagement: Lead Independent Director holds discussions with top shareholders annually at minimum; management and directors engage ~two dozen institutions each year .
Committee Assignments and Chair Roles
| Committee | Brewer’s Role |
|---|---|
| Audit & Finance | Member |
| Compensation | Chair |
| Nominating & Corporate Governance | Chair |
| Executive Committee | Member |
| Corporate Planning | Member |
| Criminal Justice & Rehabilitation | Chair |
| Cyber Security & Environmental Oversight | Not listed as member |
| Health Services | Member |
| Human Rights | Member |
| Independent Committee | Chair |
| Legal Steering | Not listed as member |
| Operations & Oversight | Member |
| Lead Independent Director (Board leadership role) | LD |
Committee Meeting Cadence (2024)
| Committee | Meetings |
|---|---|
| Audit & Finance | 12 |
| Compensation | 7 |
| Nominating & Corporate Governance | 5 |
Fixed Compensation
| Year | Fees Earned (Cash) | Equity (Restricted Stock Grant-Date Fair Value) | Options | All Other | Total |
|---|---|---|---|---|---|
| 2024 | $150,625 | $134,997 | — | — | $285,622 |
Program structure (2024):
- Annual Board cash retainer: $85,000; Lead Independent Director retainer: $30,000 .
- Committee retainers: Audit Chair $25,000; Compensation Chair $20,000; other chairs $15,000; Audit members $15,000; Compensation members $10,000; other committee members $7,500; no meeting fees .
- Equity retainer: $135,000 in restricted stock; no stock options granted to directors in 2024 .
- One-time 2024 discretionary $20,000 payment to non-employee directors who attended the Leadership Conference; Board approved exceeding the cap for two directors (not identified) .
Program changes (2025):
- Cash retainer increased to $100,000; equity retainer target to $150,000; compensation cap increased to $375,000 (Lead Independent Director) and $350,000 (other directors) .
- Director stock ownership guideline: hold equity equal to 3× annual cash retainer within five years of appointment .
Performance Compensation
- Non-employee directors receive time-based restricted stock; no performance-based equity metrics or options disclosed for directors in 2024 .
Other Directorships & Interlocks
| Category | Disclosure |
|---|---|
| Public company boards | None disclosed for Brewer in the proxy . |
| Related-party transactions | Proxy lists certain relationships (family members of executives and a consulting agreement with a subsidiary) and states no other material related-party transactions in 2024; none involve Brewer . |
Expertise & Qualifications
- Business leadership across advisory, hedge fund, and sports management; education credentials (BS/MS) from University of Minnesota; teaching at Fordham; national policy appointment; community impact via Serving Institute and global charity initiatives .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class | Unvested Restricted Shares with Voting Rights | Notes |
|---|---|---|---|---|
| Jack Brewer | 49,131 | <1% | 25,877 | No pledging disclosure for Brewer; pledging noted only for Mr. Evans . |
Policies:
- Anti-hedging and anti-pledging policy; waivers permitted only by CEO or Comp Committee Chair; waiver noted for Mr. Evans; none disclosed for Brewer .
Governance Assessment
- Strengths: Lead Independent Director role with active shareholder engagement; multiple committee chairships (Compensation, Nominating, Independent, Criminal Justice & Rehabilitation) indicating high engagement and governance influence . Independence affirmed under NYSE standards; attendance thresholds met; robust board/committee self-assessment and executive sessions presided by Lead Independent Director .
- Compensation alignment: Director pay mix is balanced (cash + time-based equity), with updated 2025 retainer/equity reflecting committee workload; ownership guideline of 3× retainer supports alignment; Brewer’s total 2024 compensation below caps .
- Potential watchpoints: Board approved discretionary $20,000 director payment in 2024 and raised compensation caps in 2025, which can contribute to pay inflation risk; continued monitoring advisable though no specific anomaly is evident for Brewer .
- Conflicts: Proxy discloses related-party transactions not involving Brewer; no material related-party exposure or pledging/hedging exceptions disclosed for Brewer, supporting investor confidence .