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MedTech & Diagnostics

National Vision Holdings Executive Compensation (FY25)

EYE · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): June 22, 2026
293 figures on this page: 284 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Alexander Wilkes was paid $5,198,862 in total compensation as Chief Executive Officer and Director for fiscal 2025, and Wilkes' total was 110.7% higher than the $2,467,466 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 172:1, against median employee compensation of $30,168. Shareholders supported the say-on-pay proposal with 97.0% of votes cast including abstentions in favor at the meeting held June 17, 2026 for fiscal 2025. The disclosed peer group includes Acadia Healthcare Company, Inc., Align Technology, Inc., Caleres, Inc., Columbia Sportswear Co. and Dentsply Sirona Inc., among others.
Chief executive, fiscal 2025
◇
Alexander Wilkes
Median of the other named officers
$2,060,916
7 officers, excluding the chief executive
Latest say-on-pay support
=
June 17, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Alexander Wilkes: $2,467,466 → $5,198,862 (110.7% higher)
Say-on-pay support: 96.9% → 97.0% (0.1 points higher)
CEO pay ratio: 167:1 → 172:1 (3.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is National Vision Holdings' chief executive and what were they paid?
Alexander Wilkes was paid $5,198,862 in total compensation as Chief Executive Officer and Director for fiscal 2025. Wilkes' total was 110.7% higher than the $2,467,466 reported for fiscal 2024.
What was National Vision Holdings' say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.0% of votes cast including abstentions in favor at the meeting held June 17, 2026 for fiscal 2025.
Which companies are in National Vision Holdings' peer group?
The disclosed peer group includes Acadia Healthcare Company, Inc., Align Technology, Inc., Caleres, Inc., Columbia Sportswear Co. and Dentsply Sirona Inc., among others.
What is National Vision Holdings' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 172:1, against median employee compensation of $30,168.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
L. Reade Fahs
Executive Chairman
◇—◇—◇—◇◇
Patrick Moore
Special Advisor, Former Interim Chief Financial Officer
Served on an interim basis
◇—◇—◇—◇◇
Jared Brandman
Chief Legal & Strategy Officer, Corporate Secretary
◇—◇—◇—◇◇
Melissa Rasmussen
Former Chief Financial Officer
◇—◇—◇—◇◇
Bill Clark
Chief People Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
L. Reade Fahs
Chief Executive Officer and Director
◇—◇———◇◇
Alexander Wilkes
President
◇◇◇———◇◇
Patrick Moore
Former Senior Vice President, Chief Operating Officer, Special Advisor and Interim Chief Financial Officer
Departed during or after this year
Served on an interim basis
◇◇————◇◇
Mark Banner
Senior Vice President, President of America's Best
◇◇◇———◇— not reconciled
Melissa Rasmussen
Former Senior Vice President, Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
L. Reade Fahs
Executive Chairman
◇—◇—◇—◇◇
Alexander Wilkes
Chief Executive Officer and Director
◇—◇—◇—◇◇
Mark Banner
President of America's Best
◇—◇—◇—◇◇
Christopher Laden
Chief Financial Officer
◇◇◇—◇—◇◇
Jared Brandman
Chief Legal & Strategy Officer, Corporate Secretary
◇—◇—◇—◇◇
Bill Clark
Chief People Officer
◇—◇—◇—◇◇
Melissa Rasmussen
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
Patrick Moore
Special Advisor, Former Interim Chief Financial Officer
Departed during or after this year
Served on an interim basis
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alexander N. WilkesRSU◇——◇——◇
Alexander N. WilkesPSU◇◇◇—◇—◇
Alexander N. WilkesRSU◇——◇——◇
Bill ClarkRSU◇——◇——◇
Bill ClarkPSU◇◇◇—◇—◇
Christopher J. LadenRSU◇——◇——◇
Jared BrandmanPSU◇◇◇—◇—◇
Jared BrandmanRSU◇——◇——◇
L. Reade FahsPSU◇◇◇—◇—◇
L. Reade FahsRSU◇——◇——◇
Mark S. BannerPSU◇◇◇—◇—◇
Mark S. BannerRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jared BrandmanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/5/2031
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇8/14/2027
RSU◇◇——
Option◇—◇3/1/2029
Option◇—◇2/28/2030
Patrick MooreRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/1/2029
Option◇—◇2/28/2030
Option◇—◇3/5/2031
Alexander WilkesRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
L. FahsRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇2/28/2030
Option◇—◇3/5/2031
Option◇—◇3/1/2029
Mark BannerRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Bill ClarkRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇6/11/2029
Option◇—◇2/28/2030
Option◇—◇3/5/2031
RSU◇◇——
Christopher LadenRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James M. McGrann
◇◇————◇
Susan O'Farrell
◇◇————◇
Susan S. Johnson
◇◇————◇
Virginia A. Hepner
◇◇————◇
Naomi Kelman
◇◇————◇
Caitlin Zulla
◇◇————◇
Jose Armario
◇◇————◇
D. Randolph Peeler
Lead independent director
◇—————◇
Thomas V. Taylor, Jr
◇—————◇
L. Reade Fahs, Michael J. Nicholson and Alexander N. Wilkes served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer ($400,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Acadia Healthcare Company, Inc. ACHC
  • Align Technology, Inc. ALGN
  • Caleres, Inc. CAL
  • Columbia Sportswear Co. COLM
  • Dentsply Sirona Inc. XRAY
  • Embecta Corp. EMBC
  • Five Below, Inc. FIVE
  • Fossil Group, Inc. FOSL
  • ICU Medical, Inc. ICUI
  • Merit Medical Systems, Inc. MMSI
  • Ollie's Bargain Outlet Holdings, Inc. OLLI
  • Oxford Industries, Inc. OXM
  • RadNet, Inc. RDNT
  • Surgery Partners Inc. SGRY
  • Tandem Diabetes Care, Inc. TNDM
  • The Cooper Companies, Inc. COO
  • Warby Parker Inc. WRBY
  • West Pharmaceutical Services, Inc. WST

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 17, 2026=◇◇◇
2024June 18, 2025=◇◇◇
2023June 12, 2024=◇◇◇
2022June 14, 2023=◇◇◇
2021June 15, 2022=◇◇◇
2020June 8, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2018June 11, 2019=◇◇◇
2017June 6, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact National Vision Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where National Vision Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
293 figures on this page: 284 cited to the filing that reported them, 9 calculated from figures it prints.
284 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-26-044630
  2. 0001140361-26-018642
    2025 Director Compensation · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at January 3, 2026 · and 1 more section
  3. 000114036126018642
    CEO Pay Ratio
  4. 0001710155-25-000033
  5. 0001140361-25-016164
    Summary Compensation Table
  6. 0001710155-24-000035
  7. 0001104659-24-051446
    Summary Compensation Table
  8. 0001710155-23-000033
  9. 0001710155-22-000027
  10. 0001710155-21-000036
  11. 0001710155-20-000050
  12. 0001710155-19-000031
  13. 0001710155-18-000022
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Velarion, “National Vision Holdings executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/EYE (accessed 2026).
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MedTech & Diagnostics rankings

Chief executive pay — MedTech & DiagnosticsCEO pay ratio — MedTech & DiagnosticsSay-on-pay support — MedTech & Diagnostics

Peers National Vision Holdings discloses

The companies named in EYE's own disclosed peer group.

Align Technology, Inc.Dentsply Sirona Inc.Embecta Corp.ICU Medical, Inc.Merit Medical Systems, Inc.Tandem Diabetes Care, Inc.The Cooper Companies, Inc.Warby Parker Inc.West Pharmaceutical Services, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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