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Reade Fahs is the CEO of National Vision Holdings, Inc., a major player in the retail optical sector. With a degree from the University of Georgia, he joined National Vision back in 2002 and quickly worked his way up, becoming...

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Reade Fahs

Ex-CEO of National Vision Holdings, Inc.

Education

Bachelor's degree from the University of Georgia

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1964 - 61 years ago

CEO of National Vision Holdings, Inc. for

9 years 4 months (Apr 2013 - Aug 2022)

Previous Experience

Chief Executive Officer of National Vision Holdings, Inc. since 2013, previously held various positions at National Vision, including Chief Operating Officer.

Rivals

Competitors/colleagues of Reade Fahs

Holdings

See how much did Reade Fahs make over time.

Reade Fahs has a substantial stake in National Vision Holdings, owning around 1,022,348 shares of common stock. His holdings peaked during the company's growth periods but have seen fluctuations in value based on stock performance. As of now, Fahs's stakes...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Reade Fahs make over time.

In 2022, Reade Fahs's total compensation was reported at approximately $4.3 million. This included a base salary of $991,196, but notably, he did not receive any cash bonuses that year. This lack of bonuses was due to the company not meeting financial performance targets, emphasizing a pay-for-performance philosophy that he holds. Despite the overall compensation drop, this structure showcases his commitment to aligning executive pay with company success. Looking back at previous years, his compensation has varied significantly, peaking in 2021 at around $5.7 million due to better performance outcomes. This shows that while growth can lead to higher earnings, performance matters, and that’s something Fahs reinforces with his leadership.

Year

2022

Total Compensation

$1.02M

Salary

$991.20K

Board Justification

The compensation program is designed to attract, retain, and motivate executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

No cash incentive awards were paid under the 2022 STIP because Company performance was below target.

Other

$32.10K

Board Justification

Includes employer 401(k) matching contributions, life insurance premiums, disability and AD&D insurance premiums, and other benefits.

Restricted Stock

$0.00(0 RSUs)

Board Justification

No stock awards vested in 2022 as the performance conditions were not met.

Performance Metrics

The primary performance metric for the annual cash incentive plan was Adjusted Operating Income, which was not met in 2022.

Other National Vision Holdings, Inc. CEOs

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