V. Gordon Clemons is the founder and board chairman of CorVel Corporation (previously FORTIS), roles he has held since 1991. The company is based in Irvine, California, and it offers managed care services in workers’ compensation, accident and health, and auto insurance markets nationwide.
Clemons started CorVel in 1987 with investors Jim Michael and Jeff Michael. They merged three small vocational rehabilitation firms to create the beginnings of CorVel, with an approximate value of $2 million and over 200 associates.
Two years later, they had expanded to 51 locations across the country, and they entered the medical bill review and case management business.
From 1998 to 2006, he served as CorVel’s president, and from 1988 to 2007, he also served as CEO. He was then reappointed as president and CEO in 2012, remaining in the role of president until 2017 and CEO until 2019.
The company went public in 1991 with a $46 million market capitalization.
Clemons has over four decades of experience in the healthcare and insurance industries. From 1985 to 1987, he served as the president of Caremark until it was purchased by health care company, Baxter International. From 1981 to 1985, he was the president of INTRACORP, a subsidiary of CIGNA.
Clemons holds a B.S. in business administration and technology from Oregon State University and an M.B.A. from the University of Oregon.
What is V Gordon Clemons' net worth?
The estimated net worth of V Gordon Clemons is at least $107.69 million as of May 6th, 2021. Mr. Clemons owns 901,000 shares of CorVel stock worth more than $107,687,520 as of May 8th. This net worth approximation does not reflect any other investments that Mr. Clemons may own. Additionally, Mr. Clemons receives an annual salary of $401,700.00 as Chairman at CorVel.
How old is V Gordon Clemons?
Mr. Clemons is currently 77 years old. There are 6 older executives and no younger executives at CorVel.
What is V Gordon Clemons' salary?
As the Chairman of CorVel Co., Mr. Clemons earns $401,700.00 per year. There are 2 executives that earn more than Mr. Clemons. The highest earning executive at CorVel is Mr. Michael G. Combs, Pres & CEO, who commands a salary of $948,640.00 per year.
How do I contact V Gordon Clemons?
The corporate mailing address for Mr. Clemons and other CorVel executives is 1920 Main Street Suite 900, Irvine CA, 92614. CorVel can also be reached via phone at 949-851-1473 and via email at [email protected]
Has V Gordon. Clemons been buying or selling shares of CorVel?
Over the course of the past ninety days, V Gordon. Clemons has sold $1,400,970.00 of CorVel stock. Most recently, V Gordon Clemons sold 1,000 shares of the business's stock in a transaction on Thursday, May 6th. The shares were sold at an average price of $116.35, for a transaction totalling $116,350.00. Following the completion of the sale, the chairman now directly owns 901,000 shares of the company's stock, valued at $104,831,350.
Are insiders buying or selling shares of CorVel?
In the last twelve months, insiders at the business services provider sold shares 127 times. They sold a total of 349,504 shares worth mmore than $33,075,133.28. The most recent insider tranaction occured on May, 06th when V Gordon Clemons Chairman bought 1,000 shares worth more than $116,350.00. Insiders at CorVel own 50.4 % of the company.
Information on this page was last updated on 5/6/2021.