CorVel founder Clemons retires as Chairman; CEO Combs takes over

CORVEL CORP

V. Gordon Clemons retired as employee, director, and Chairman on Nov 26, 2024, after 37 years with CorVel.
Clemons founded CorVel in 1988 and served as Chairman since its 1991 IPO.
President & CEO Michael G. Combs appointed to Board and elected Chairman, effective immediately.
Clemons will remain as outside consultant; Combs receives no additional compensation for Chairman role.
Retirement not due to any disagreement with CorVel's operations, policies, or practices.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

V. Gordon Clemons

Chairman of the Board

CRVL · CORVEL CORP

Effective: 2024-11-26
Successor: Michael G. Combs
Filed: November 29, 2024, 6:59 PM ET

On November 26, 2024, V. Gordon Clemons informed CorVel Corporation (the “Company”) of his decision to retire as an employee of the Company, as a member of the Company’s board of directors (the “Board”), and as Chairman of the Board, in each case effective immediately.

Appointed

Michael G. Combs

Chairman of the Board

CRVL · CORVEL CORP

Effective: 2024-11-26
Filed: November 29, 2024, 6:59 PM ET

Subsequently, on November 26, 2024, the Board appointed Michael G. Combs, the Company’s Chief Executive Officer and President, to the Board and elected him as Chairman of the Board, also effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

V. Gordon Clemons retired as Chairman of the Board at CORVEL CORP.

Action: retired
Role: Chairman of the Board

Exact text from the filing

On November 26, 2024, V. Gordon Clemons informed CorVel Corporation (the “Company”) of his decision to retire as an employee of the Company, as a member of the Company’s board of directors (the “Board”), and as Chairman of the Board, in each case effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael G. Combs was appointed as Chairman of the Board at CORVEL CORP.

Action: appointed
Role: Chairman of the Board

Exact text from the filing

Subsequently, on November 26, 2024, the Board appointed Michael G. Combs, the Company’s Chief Executive Officer and President, to the Board and elected him as Chairman of the Board, also effective immediately.

View on SEC.gov

CORVEL CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-268025

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