CorVel Announces Retirement of V. Gordon Clemons

Core Points - V. Gordon Clemons has retired as Chairman of the Board of CorVel Corporation after 37 years of service, effective November 26, 2024 [1] - Michael G. Combs, the current President and CEO, has been appointed as the new Chairman of the Board following Clemons' retirement [1] - Clemons founded CorVel Corporation in 1988 and has been instrumental in its growth and success since it went public in 1991 [1][3] - Clemons will continue to serve as an outside consultant to Combs, providing guidance based on his extensive experience [1] Company Achievements - Clemons' leadership has been characterized by a commitment to technological innovation, conservative fiscal practices, and exceptional service, which have formed the foundation of CorVel's success [3] - The organizational structure established by Clemons has enabled internal growth and advancement within the company [3] - The executive team is dedicated to continuing the tradition of innovation and excellence that has been a hallmark of CorVel under Clemons' guidance [3]