|
|
News - 2009
Community Education Centers, Inc. Welcomes David N.T. Watson as New Chief Financial Officer
West Caldwell, NJ, Aug 14 - Community Education Centers, Inc. (CEC) announced the appointment of David N. T. Watson as the Company's Chief Financial Officer effective September 14, 2009. As Chief Financial Officer, Mr. Watson will have overall responsibility for the financial activities of Community Education Centers, Inc., reporting to the Chairman/CEO.
Mr. Watson has over thirteen years experience in the corrections industry and brings a wealth of experience in leading debt and equity transactions, including project financing for business development as well as extensive experience in acquisitions and an Initial Public Offering. Prior to joining CEC, Mr. Watson served as the Executive Vice President and Chief Financial Officer of Radiation Therapy Services, Inc., a leading developer and operator of 95 hospital-based radiation therapy centers. Mr. Watson joined Radiation Therapy Services, Inc. in 2007, after thirteen years with the Geo Group, Inc., a leading provider of outsourced government services, where he served, amongst other roles, as Treasurer and Vice President. While at the Geo Group, Inc., Mr. Watson played an instrumental role in the Company's financial transactions including the acquisitions of Centracore Properties Trust and Correctional Services Corporation. Prior to joining the Geo Group, Inc., Mr. Watson spent five years as a Manager of Audit and Advisory Services at Arthur Anderson.
"We are very excited that David has agreed to join Community Education Centers. As a senior member of our management team, I have no doubt that his exemplary track record in the corrections industry will contribute to the growth of our company and continue our vision to be an excellent provider of correctional treatment services," said John J. Clancy, Chairman and CEO of CEC.
Mr. Watson is a member of the American Institute of Certified Public Accountants and also holds a Master of Business Administration degree from Rutgers University and earned his bachelor's degree in Economics from the University of Virginia. He will work with Senior Management in developing and implementing the Company's strategic growth plan.
About Community Education Centers, Inc.
Community Education Centers, Inc. (CEC) is the largest provider of offender reentry and in-prison treatment services in America, operating in 19 states, with nearly 30,000 individuals in our daily care. CEC provides a full range of therapeutic residential and non-residential reentry services with a documented record of reducing recidivism. The company specializes in the reentry process and has developed the most effective reentry treatment model in the nation. CEC contracts with local, county, state, and federal government agencies, as well as non-profit agencies. Also a strategic focus of the company, CEC's Secure Facilities Division provides jail/detention management services at 17 facilities in Pennsylvania, Texas, and Ohio. At a CEC-managed correctional facility, incarceration and rehabilitation are closely linked objectives.
BACK
|
