Robert Crants (CEO)

Robert Crants
Born November 17, 1944
Salamanca, Cattaraugus County, New York, USA
Education Lansing Central High School
Alma mater United States Military Academy
Harvard Business School
Occupation Businessman
Known for Co-founder of Corrections Corporation of America
Spouse(s) Shirley Crants
Children 2 sons, including D. Robert Crants, III, 1 daughter

Robert Crants (born 1944) is an American businessman. He is a co-founder of the Corrections Corporation of America. He served as its Chairman and Chief Executive Officer from 1994 to 1999.

Early life

Doctor Robert Crants was born on November 17, 1944 in Salamanca, New York. His mother gave him the first name of "Doctor", but he has not generally used it as an adult.[1] He is one quarter Seneca from his maternal side, and he grew up on a Seneca reservation in New York.[1]

He was educated at Lansing Central High School.[1] He graduated from the United States Military Academy in West Point, New York, where he was Thomas W. Beasley's roommate.[1] He served in Vietnam and Southeast Asia.[1] He received a masters in business administration and a law degree from the Harvard Business School in 1974.[1]

Career

Crants served as Chief Financial Officer of a real estate company in Nashville, Tennessee.[1] Later, he founded Broadcast Management Services, and established several television stations.[1]

In 1983, he co-founded Corrections Corporation of America with his former roommate, Tom Beasley, by then a leader in the Republican Party in Tennessee, and T. Don Hutto, creating a private prison management company.[1] He served as its treasurer.[1] By 1987, Crants became its President.[1] He served as its Chairman and Chief Executive Officer from 1994 to 1999.[1][2] As of 2015, it is the largest prison management company in the nation.

Shortly after the September 11 attacks in 2001, Crants co-founded the Homeland Security Corporation with one of his sons, D. Robert Crants, III.[3] Crants serves as its Chief Executive Officer, while Joseph S. Johnson serves as President.[4]

Personal life

Crants is married to Shirley Crants.[1] They have two sons and a daughter.[1]

References

  1. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Karin Miller, Doctor Crants is no doctor -- he's America's private prison warden, South Coast Today, January 4, 1998
  2. ↑ Dow Jones News Service, "CEO to step down", The Chicago Tribune, December 28, 1999
  3. ↑ Pierce Greenberg, "Crants duo, associates getting $2M+ to cover RICO case costs", Nashville Post, March 29, 2013
  4. ↑ "Company Overview of Homeland Security Company, LLC", Bloomberg Business
This article is issued from Wikipedia - version of the 9/8/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.