Securus is a prison technology company based in Texas. This company was founded in 1986 and currently they have multiple regional offices. Securus is a result of two different companies, Evercom and T-Netix, merging back in 2004. These two companies were leaders of the corrections market industry.
Securus helps to connect friends and families to their friends and families that are currently incarcerated. This is done through different superior communication services. Securus is currently the largest inmate communications provider. Their goal is to help the relationships between inmates and their friends and family be maintained through different options such as inmate calling options and even video visitation. This can be done from anywhere by anyone using an Apple or an Android smartphone, PC or even a tablet. Securus also is able to serve more than 3,400 different corrections agencies, law enforcement and public safety members as well as more than 1.2 million different inmates all across Northern America.
In 2008 the Chairman and current CEO of Securus, Richard Falcone, announced that Rick Smith would become the new CEO of the company. Rick Smith has an amazing background, a great set of skills learned along his life, a lot of experience and a very impressive track record. These life lessons, skills and experiences give him the ability to lead Securus. Mr. Smith also has experience in telecom and he has maintained several different positions in a large variety of different roles. His previous experience took place at Frontier Corporation and his different positions included roles in information technology, finance, operations and even business development as well as many others that helped prepare him for his current role. Read more on Crunchbase.com
For the years leading up to the position of CEO of Securus, Rick Smith was the CEO of another telecom company known as Eschelon Telecom. It was during this role with this company that Mr. Smith grew the revenue by massive amounts. He was able to grow revenue from $30 million to around $350 million. Mr. Smith did other amazing things, as well, such as growing EBITDA to around $80 million, which was a CAGR of 48%. This success that Rick Smith had is what led this company to a successful IPO during 2005.
As well as having all of the necessary experience to run Securus, Rick Smith also has all of the necessary education. He not only has received his undergraduate degree, but he then went on to pursue graduate school and received a graduate degree as well. Mr. Smith has his Bachelors of Science in the field of Electrical Engineering. He also holds not only his Master’s degree in the field of Mathematics, but he also has a Master’s of Business Administration.
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