Symbeo Names Tomika A. Russell President

FORT WORTH, Texas, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Symbeo, a CorVel company, specializing in cloud technology and Software as a Service by providing global invoice solutions to organizations across all industries, has appointed Tomika A. Russell as President of the company. Russell brings over 20 years of leadership experience to Symbeo with a focus on building high-performing teams and creating customer value.

As president of the organization, Russell will be responsible for strategic business planning and company vision. She will provide leadership along with growth and development to the executive leadership team and employees.

Prior to joining Symbeo, Russell oversaw digital strategies for sales, marketing, finance and data for Daimler Trucks North America (DTNA). At DTNA, she drove operational efficiencies to maximize profit, and created additional revenue streams with a robust digital sales strategy. She previously served as Chief Information Officer at Daimler Vehiculos Comerciales Mexico and Detroit Diesel Corporation.

“We’re pleased to welcome Tomika as president of Symbeo,” said Michael Combs, President and CEO of CorVel. “Her innovative approach to leadership coupled with her background in digital strategies and emerging technologies will drive Symbeo growth. We are excited to have her as part of our leadership team.”

“I’m looking forward to joining the team and helping our customers solve their real-world invoice problems in an ever-changing environment,” said Russell.

About Symbeo
Symbeo, a wholly owned subsidiary of CorVel Corporation, provides digital mailroom and automated accounts payable services to the world’s largest and most recognized companies. Symbeo is passionate about connecting enterprise organizations with technology solutions that bring deep value and operational cost savings to our customers. Using, AI, machine learning and other technologies blended with proven human processes, we transform one of the most problematic AP challenges, the manual or paper invoice, into a touchless ready-to-pay transaction with complete AP visibility and control.

About CorVel
CorVel Corp. (Nasdaq: CRVL) applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. We partner with employers, third-party administrators, insurance companies and government agencies in managing worker’s compensation and health, auto and liability services. Our diverse suite of solutions combines our integrated technologies with a human touch. CorVel's customized services, delivered locally, backed by a national team to support clients as well as their customers and patients.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change. Such forward-looking statements include, but are not limited to, statements relating to the Company’s network solution services and the Company’s continued investment in these and other innovative technologies, and statements relating to the Company’s Symbeo operations. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company’s actual results to differ materially and adversely from those expressed in any forward-looking statement, including the risk that the impact of the COVID-19 pandemic on our business, results of operations and financial condition is greater than our initial assessment.

The risks and uncertainties referred to above include but are not limited to factors described in this press release and the Company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2021, and the Company’s Quarterly Report on Form 10-Q for the quarters ended June 30, 2021, and September 30, 2021. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

Contact: Melissa Storan
Phone: 949-851-1473
www.corvel.com