L. Reade  Fahs net worth and biography

L. Fahs Biography and Net Worth

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 $12.43 million as of May 15th, 2023. Mr. Fahs owns 556,550 shares of National Vision stock worth more than $12,427,762 as of March 28th. This net worth estimate does not reflect any other assets that Mr. Fahs may own. Additionally, Mr. Fahs receives a salary of $1,020,000.00 as CEO at National Vision. Learn More about L. Reade Fahs' net worth.

How old is L. Reade Fahs?

Mr. Fahs is currently 63 years old. There are 7 older executives and no younger executives at National Vision. Learn More on L. Reade Fahs' age.

What is L. Reade Fahs' salary?

As the CEO of National Vision Holdings, Inc., Mr. Fahs earns $1,020,000.00 per year. Learn More on L. Reade Fahs' salary.

How do I contact L. Reade Fahs?

The corporate mailing address for Mr. Fahs and other National Vision executives is 2435 COMMERCE AVENUE BLDG. 2200, DULUTH GA, 30096. National Vision can also be reached via phone at (770) 822-3600 and via email at [email protected]. Learn More on L. Reade Fahs' contact information.

Has L. Reade Fahs been buying or selling shares of National Vision?

L. Reade Fahs has not been actively trading shares of National Vision during the last ninety days. Most recently, on Monday, May 15th, L Reade Fahs bought 12,625 shares of National Vision stock. The stock was acquired at an average cost of $23.81 per share, with a total value of $300,601.25. Following the completion of the transaction, the chief executive officer now directly owns 556,550 shares of the company's stock, valued at $13,251,455.50. Learn More on L. Reade Fahs' trading history.

Who are National Vision's active insiders?

National Vision's insider roster includes Jared Brandman (SVP), L. Fahs (CEO), and Melissa Rasmussen (CAO). Learn More on 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 35,486 shares worth more than $885,614.24. The most recent insider tranaction occured on May, 22nd when Director D Randolph Peeler bought 22,861 shares worth more than $585,012.99. Insiders at National Vision own 2.1% of the company. Learn More about insider trades at National Vision.

Information on this page was last updated on 5/22/2023.

L. Reade Fahs Insider Trading History at National Vision

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/15/2023Buy12,625$23.81$300,601.25556,550View SEC Filing Icon  
8/17/2021Sell18,367$55.02$1,010,552.34View SEC Filing Icon  
8/11/2021Sell800$55.01$44,008.00381,076View SEC Filing Icon  
5/19/2021Sell160,828$48.23$7,756,734.44381,831View SEC Filing Icon  
11/5/2020Sell100,000$43.80$4,380,000.00218,037View SEC Filing Icon  
1/23/2020Sell75,000$36.50$2,737,500.00318,037View SEC Filing Icon  
6/5/2019Sell10,000$27.34$273,400.00View SEC Filing Icon  
5/1/2019Sell10,000$26.60$266,000.00View SEC Filing Icon  
4/3/2019Sell35,000$30.13$1,054,550.00View SEC Filing Icon  
3/6/2019Sell35,000$31.33$1,096,550.00View SEC Filing Icon  
2/6/2019Sell35,000$31.64$1,107,400.00View SEC Filing Icon  
1/11/2019Sell25,000$30.00$750,000.00View SEC Filing Icon  
1/2/2019Sell10,000$27.79$277,900.00View SEC Filing Icon  
12/6/2018Sell10,000$35.28$352,800.00View SEC Filing Icon  
11/7/2018Sell10,000$44.21$442,100.00View SEC Filing Icon  
10/3/2018Sell10,000$43.76$437,600.00View SEC Filing Icon  
9/5/2018Sell10,000$44.43$444,300.00View SEC Filing Icon  
8/1/2018Sell10,000$40.55$405,500.00View SEC Filing Icon  
7/30/2018Sell150,000$38.26$5,739,000.00View SEC Filing Icon  
7/5/2018Sell10,000$38.05$380,500.00View SEC Filing Icon  
See Full Table

L. Reade Fahs Buying and Selling Activity at National Vision

This chart shows L Reade Fahs's buying and selling at National Vision by year and by quarter.

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National Vision Company Overview

National Vision logo
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services. National Vision Holdings, Inc. was founded in 1990 and is headquartered in Duluth, Georgia.
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Today's Range

Now: $22.33
Low: $22.03
High: $22.47

50 Day Range

MA: $21.18
Low: $18.45
High: $23.81

2 Week Range

Now: $22.33
Low: $13.71
High: $27.02

Volume

255,325 shs

Average Volume

943,429 shs

Market Capitalization

$1.75 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.39