Reade Fahs has served as the Chief Executive Officer of National Vision since January 2003. He joined the Company in April 2002 as its President and Chief Operating Officer. Under his leadership, National Vision has become one of the largest and fastest growing optical retailers in the United States, serving customers through a diverse portfolio of more than 1,100 retail stores across five brands and several e-commerce websites, with over 13,000 Associates and more than $1.7 billion in sales.
Prior to joining National Vision, Reade served as the Chief Executive Officer of the European Internet start-up company, First Tuesday. Prior to First Tuesday, he was Managing Director of Vision Express U.K. where he led a dramatic turnaround of its largest and most profitable division. When Vision Express merged with Grand Optical, the new company – Grand Vision – became the largest optical chain in Europe.
Reade began his optical career in 1986 when he joined LensCrafters, then a regional optical chain of less than 100 stores. When he left LensCrafters 10 years later it was the largest optical chain in the world. At LensCrafters Reade led advertising, strategy, and new product development. Under his leadership, LensCrafters saw the successful launch of new products such as Featherwates, Duralens, Flexon and Rx Sun, as well as the first television ad-campaign for parent company Luxottica.
He devotes himself to an ecosystem of charities that help to make eyeglasses available and affordable to underserved populations around the world. He is the Chairman of the Board of VisionSpring, a social enterprise that works to ensure affordable access to eyewear, everywhere; and he is also an active board member of RestoringVision, a nonprofit that provides millions of readers and sunglasses via mission trips to those who would otherwise not have access to eyewear. He also serves on the boards of Salus University (Pennsylvania College of Optometry), Ditto Technologies, Inc. (a high-tech optical start-up), Affordable Care, Inc. (a low-cost dental provider) and the Alliance Theater.
Reade holds a B.A. in English and American Literature from Harvard University.
What is L. Reade Fahs' net worth?
The estimated net worth of L. Reade Fahs is at least $7.22 million as of May 13th, 2024. Mr. Fahs owns 633,097 shares of National Vision stock worth more than $7,217,306 as of December 18th. This net worth estimate does not reflect any other assets that Mr. Fahs may own. Additionally, Mr. Fahs receives a salary of $2,620,000.00 as CEO at National Vision. Learn More about L. Reade Fahs' net worth.
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Has L. Reade Fahs been buying or selling shares of National Vision?
L. Reade Fahs has not been actively trading shares of National Vision over the course of the past ninety days. Most recently, on Monday, May 13th, L Reade Fahs bought 20,000 shares of National Vision stock. The stock was acquired at an average cost of $14.96 per share, with a total value of $299,200.00. Following the completion of the transaction, the chief executive officer now directly owns 633,097 shares of the company's stock, valued at $9,471,131.12. Learn More on L. Reade Fahs' trading history.
Who are National Vision's active insiders?
Are insiders buying or selling shares of National Vision?
In the last twelve months, National Vision insiders bought shares 2 times. They purchased a total of 54,000 shares worth more than $790,500.00. The most recent insider tranaction occured on May, 13th when CEO L Reade Fahs bought 20,000 shares worth more than $299,200.00. Insiders at National Vision own 2.3% of the company.
Learn More about insider trades at National Vision. Information on this page was last updated on 5/13/2024.
