CorVel Management
Management criteria checks 4/4
CorVel's CEO is Michael Combs, appointed in Apr 2017, has a tenure of 7.58 years. total yearly compensation is $966.97K, comprised of 64.8% salary and 35.2% bonuses, including company stock and options. directly owns 0.098% of the company’s shares, worth $5.06M. The average tenure of the management team and the board of directors is 2.6 years and 30.4 years respectively.
Key information
Michael Combs
Chief executive officer
US$967.0k
Total compensation
| CEO salary percentage | 64.8% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.6yrs |
| Board average tenure | 30.4yrs |
Recent management updates
Recent updates
Subdued Growth No Barrier To CorVel Corporation's (NASDAQ:CRVL) Price
Oct 22
Here's Why We Think CorVel (NASDAQ:CRVL) Is Well Worth Watching
Aug 27Shareholders Are Optimistic That CorVel (NASDAQ:CRVL) Will Multiply In Value
Jul 30CorVel Corporation's (NASDAQ:CRVL) Popularity With Investors Is Clear
Jul 12CorVel (NASDAQ:CRVL) Is Very Good At Capital Allocation
Apr 25CorVel Corporation's (NASDAQ:CRVL) Share Price Matching Investor Opinion
Apr 07Is Now The Time To Put CorVel (NASDAQ:CRVL) On Your Watchlist?
Mar 19CorVel (NASDAQ:CRVL) Is Very Good At Capital Allocation
Jan 10The Price Is Right For CorVel Corporation (NASDAQ:CRVL)
Dec 23With EPS Growth And More, CorVel (NASDAQ:CRVL) Makes An Interesting Case
Dec 05CorVel (NASDAQ:CRVL) Is Investing Its Capital With Increasing Efficiency
Oct 10Here's Why We Think CorVel (NASDAQ:CRVL) Is Well Worth Watching
Sep 01We Think CorVel (NASDAQ:CRVL) Might Have The DNA Of A Multi-Bagger
Jul 10CorVel (NASDAQ:CRVL) Is Very Good At Capital Allocation
Apr 11If EPS Growth Is Important To You, CorVel (NASDAQ:CRVL) Presents An Opportunity
Mar 24A Look Into CorVel's (NASDAQ:CRVL) Impressive Returns On Capital
Jan 06Should You Be Adding CorVel (NASDAQ:CRVL) To Your Watchlist Today?
Dec 19CorVel (NASDAQ:CRVL) Looks To Prolong Its Impressive Returns
Sep 21We Ran A Stock Scan For Earnings Growth And CorVel (NASDAQ:CRVL) Passed With Ease
Aug 25CorVel GAAP EPS of $0.94, revenue of $176M
Aug 02Many Would Be Envious Of CorVel's (NASDAQ:CRVL) Excellent Returns On Capital
Jun 23Here's Why I Think CorVel (NASDAQ:CRVL) Is An Interesting Stock
May 18CorVel (NASDAQ:CRVL) Knows How To Allocate Capital
Mar 21With EPS Growth And More, CorVel (NASDAQ:CRVL) Is Interesting
Feb 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$78m |
| Mar 31 2024 | US$967k | US$627k | US$76m |
| Dec 31 2023 | n/a | n/a | US$75m |
| Sep 30 2023 | n/a | n/a | US$75m |
| Jun 30 2023 | n/a | n/a | US$69m |
| Mar 31 2023 | US$2m | US$626k | US$66m |
| Dec 31 2022 | n/a | n/a | US$68m |
| Sep 30 2022 | n/a | n/a | US$65m |
| Jun 30 2022 | n/a | n/a | US$66m |
| Mar 31 2022 | US$1m | US$579k | US$66m |
| Dec 31 2021 | n/a | n/a | US$62m |
| Sep 30 2021 | n/a | n/a | US$59m |
| Jun 30 2021 | n/a | n/a | US$55m |
| Mar 31 2021 | US$2m | US$562k | US$46m |
| Dec 31 2020 | n/a | n/a | US$43m |
| Sep 30 2020 | n/a | n/a | US$41m |
| Jun 30 2020 | n/a | n/a | US$42m |
| Mar 31 2020 | US$1m | US$551k | US$47m |
| Dec 31 2019 | n/a | n/a | US$47m |
| Sep 30 2019 | n/a | n/a | US$48m |
| Jun 30 2019 | n/a | n/a | US$48m |
| Mar 31 2019 | US$2m | US$484k | US$47m |
| Dec 31 2018 | n/a | n/a | US$44m |
| Sep 30 2018 | n/a | n/a | US$43m |
| Jun 30 2018 | n/a | n/a | US$39m |
| Mar 31 2018 | US$1m | US$335k | US$36m |
Compensation vs Market: Michael's total compensation ($USD966.97K) is below average for companies of similar size in the US market ($USD8.06M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Combs (60 yo)
7.6yrs
Tenure
US$966,969
Compensation
Mr. Michael G. Combs has been the President of CorVel Corporation since April 1, 2017 and has been its Chief Executive Officer since January 18, 2019. Mr. Combs Chief Information Officer at CorVel Corp fro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 33.6yrs | US$166.65k | 6.67% $ 343.6m | |
| President & CEO | 7.6yrs | US$966.97k | 0.098% $ 5.1m | |
| Chief Financial Officer | 6.1yrs | US$507.92k | 0.038% $ 2.0m | |
| Vice President of Accounting | 10.4yrs | US$369.23k | 0.0040% $ 207.0k | |
| Chief Information Officer | 7.6yrs | US$668.55k | 0.0093% $ 481.0k | |
| Executive Vice President of Risk Management Services | 2.6yrs | US$714.57k | 0.0050% $ 258.5k | |
| Vice President of Business Operations | less than a year | no data | no data | |
| Vice President of Legal Services | 8.6yrs | no data | no data | |
| Vice President of Marketing | less than a year | no data | no data | |
| Vice President of Sales & Account Management | less than a year | no data | no data | |
| Chief Claims Officer | 1.1yrs | no data | no data | |
| President of CERIS | less than a year | no data | no data |
2.6yrs
Average Tenure
54.5yo
Average Age
Experienced Management: CRVL's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 33.6yrs | US$166.65k | 6.67% $ 343.6m | |
| Independent Director | 33.5yrs | US$112.99k | 0.63% $ 32.5m | |
| Independent Director | 34.2yrs | US$108.99k | 1.13% $ 58.0m | |
| Lead Independent Director | 27.3yrs | US$120.99k | 0.24% $ 12.3m | |
| Independent Director | 21.5yrs | US$113.99k | 0.33% $ 17.0m | |
| Independent Director | less than a year | no data | no data |
30.4yrs
Average Tenure
71.5yo
Average Age
Experienced Board: CRVL's board of directors are seasoned and experienced ( 30.4 years average tenure).