Michael G. Combs has been at the helm of Corvel Corporation since January 18, 2019. He has spent over 27 years at the company, starting his career as a software engineer back in 1988. His continuous advancement within the company...
Michael G. Combs has been at the helm of Corvel Corporation since January 18, 2019. He has spent over 27 years at the company, starting his career as a software engineer back in 1988. His continuous advancement within the company has seen him hold roles like Chief Information Officer and President before becoming CEO. His journey reflects his deep understanding of technology and business operations. Interestingly, despite a total compensation of about $2.09 million in both 2022 and 2023, he didn't receive any bonuses in 2023, which signifies that performance metrics play a vital role in his compensation structure. He focuses on a philosophy where his pay aligns with the company's performance, showing that executive compensation isn't just about the paycheck but also about driving results. For 2023, Combs was awarded stock options worth over $1.17 million, emphasizing long-term incentives. All of this points to his commitment not only to his role as CEO but also to the culture of accountability and performance at Corvel, which has been a significant part of its operational success.