V. Gordon Clemons retires after 37 years at CorVel Corporation
- V. Gordon Clemons retired from CorVel Corporation's Board of Directors and as Chairman after 37 years of service.
- Michael G. Combs was appointed the new Chairman as Clemons remains as an outside consultant.
- Clemons' leadership laid the foundation for CorVel's success, and his legacy will continue to influence the company's future.
In Fort Worth, Texas, on November 29, 2024, CorVel Corporation announced the retirement of its founder, V. Gordon Clemons, after an illustrious 37-year career. Clemons established the company in 1988 and has been a pivotal figure since CorVel went public in 1991. His contributions to the company include strategic leadership, fostering an innovative culture, and guiding significant acquisitions and partnerships, which have expanded CorVel's capabilities in the market. Following his retirement on November 26, 2024, Michael G. Combs, the company’s President and CEO, was appointed as the new Chairman of the Board. Clemons' retirement marks the end of an era for CorVel, a company that embodies the visions of technological innovation, conservative fiscal practices, and exceptional service that he championed throughout his tenure. His influence within the organization has been profound, shaping its growth and operational strategies for nearly four decades. Clemons plans to remain available as a consultant to Combs, further ensuring the continuity of CorVel's established principles. Many company stakeholders, including director Jeff Michael, praised Clemons for his dedication and the legacy he has built at CorVel. They noted how Clemons’ leadership over the years transformed CorVel from an idea into a successful company with a notable market presence. The principles he instilled continue to guide CorVel as it aims to uphold its commitment to excellence and innovation. Additionally, the transition of leadership is viewed with optimism as the executive team prepares to uphold the traditions initiated by Clemons. As CorVel moves into a new chapter under Michael Combs, the transition emphasizes the need for continuity in its strategic direction. The core values and practices set by Clemons are expected to remain central to CorVel's operational ethos. The company, now without its founder's day-to-day presence, faces the challenge of maintaining its trajectory of growth and innovation while also adapting to changing market conditions.