CorVel CEO Michael Combs to become Executive Chair; Sarah Scott appointed CEO and President effective July 1, 2026

CORVEL CORP

Michael G. Combs transitions from CEO/President to Executive Chair effective July 1, 2026; will receive $25,000/month base salary plus health benefits.
Sarah Scott, age 49, appointed CEO and President effective same date; she was EVP Product and Corporate Services since Sept 2025.
Scott's annual base salary set at $600,000; eligible for annual cash bonus target of 75% of base (up to 100% based on performance).
Scott granted 25,000 stock options vesting 25% after one year, remainder over 36 months; bonus 75% company performance, 25% individual MBOs.
Combs served 34 years with the company; Board cites long-term succession planning and leadership strength.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Sarah Scott

Chief Executive Officer and President

CRVL · CORVEL CORP

Effective: 2026-07-01
Filed: June 1, 2026, 5:05 PM ET

In connection with the leadership transition, the Board appointed Sarah Scott to serve as Chief Executive Officer and President of the Company, effective July 1, 2026.

Role change

Michael G. Combs

Executive Chair

CRVL · CORVEL CORP

Effective: 2026-07-01
Successor: Sarah Scott
Filed: June 1, 2026, 5:05 PM ET

Michael G. Combs, the Chief Executive Officer, President, and Chairman of the Board of Directors (the “Board”) of CorVel Corporation (the “Company”) is transitioning from his role as Chief Executive Officer and President of the Company, effective July 1, 2026, and has been appointed by the Board to serve as Executive Chair, effective as of the same date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Sarah Scott was appointed as Chief Executive Officer and President at CORVEL CORP.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

In connection with the leadership transition, the Board appointed Sarah Scott to serve as Chief Executive Officer and President of the Company, effective July 1, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael G. Combs was appointed as Executive Chair at CORVEL CORP.

Action: appointed to serve as Executive Chair
Role: Executive Chair

Exact text from the filing

Michael G. Combs, the Chief Executive Officer, President, and Chairman of the Board of Directors (the “Board”) of CorVel Corporation (the “Company”) is transitioning from his role as Chief Executive Officer and President of the Company, effective July 1, 2026, and has been appointed by the Board to serve as Executive Chair, effective as of the same date.

View on SEC.gov

CORVEL CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-251709

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