Healthcare >> CEO Interviews >> November 8, 2004

GORDON CLEMONS – CORVEL CORPORATION (CRVL)

GORDON CLEMONS helped found CorVel Corporation in 1988 and became Chairman in 1991 when the company went public. CorVel is a leading provider of managed care services with 150 offices in 49 states. The company provides managed care services in the workers' compensation, auto and group health markets. Previously, Mr. Clemons was President of Caremark, the largest home IV therapy company in the United States, from 1985 through 1987, at which time Baxter International purchased the company. Caremark expanded from a 17 branch home IV provider to a 50 plus-branch provider of home IV, factor 8 and growth hormone service and distribution business. From 1981 through 1985 Mr. Clemons was President of Intracorp, a managed care services subsidiary of CIGNA Corporation. Intracorp grew from $33 million to over $100 million during his tenure, expanding its office network to over 100 branches. Prior to joining CIGNA, Mr. Clemons was COO at Advanta, a direct marketer of financial services to teachers' and nurses' associations. From 1969 through 1978 he was employed by FMC Corporation, concluding his career as manager of the Food and Pharmaceutical Products division. Mr. Clemons has over 25 years' experience in health care and insurance. Mr. Clemons is married and has two children. He has an MBA from the University of Oregon and a BS from Oregon State University. Profile
TWST: Would you give us a brief historical sketch of the company and a

picture of the things you are doing at the present time?

Mr. Clemons: CorVel was founded in 1988 and went public in 1991.