MedTech & Diagnostics
National Vision Holdings Executive Compensation (FY25)
EYE · Executive and director compensation, fiscal 2022 to 2025
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 |
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Data as of October 21, 2026Latest filing (8-K): June 22, 2026
13 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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337 figures on this page: 328 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
More on National Vision Holdings
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
L. Reade Fahs Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Patrick Moore Senior Vice President, Chief Operating and Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Roger Francis Former Senior Vice President, Chief Stores Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Joseph VanDette Senior Vice President, Chief Marketing Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Jared Brandman Senior Vice President, General Counsel and Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Bill Clark Senior Vice President, Chief People Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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 | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Jared Brandman Chief Legal & Strategy Officer, Corporate Secretary | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Melissa Rasmussen Former Senior Vice President, Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Bill Clark Chief People Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Alexander N. Wilkes | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Alexander N. Wilkes | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Alexander N. Wilkes | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Bill Clark | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Bill Clark | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Christopher J. Laden | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jared Brandman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jared Brandman | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| L. Reade Fahs | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| L. Reade Fahs | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mark S. Banner | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mark S. Banner | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Patrick Moore | Option | ◇ | — | ◇ | 3/5/2031 |
| Option | ◇ | — | ◇ | 2/28/2030 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2029 | |
| Bill Clark | Option | ◇ | — | ◇ | 3/5/2031 |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 6/11/2029 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/28/2030 | |
| Jared Brandman | Option | ◇ | — | ◇ | 2/28/2030 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/5/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 8/14/2027 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2029 | |
| RSU | ◇ | ◇ | — | — | |
| L. Reade Fahs | Option | ◇ | — | ◇ | 2/28/2030 |
| Option | ◇ | — | ◇ | 3/1/2029 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/5/2031 | |
| Mark Banner | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Alexander Wilkes | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Christopher Laden | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
L. Reade Fahs
Executive Chairman · Severance agreement
| Clawback | ◇ |
Mark Banner
President of America's Best · Severance agreement
| Clawback | ◇ |
Melissa Rasmussen
Former Chief Financial Officer · Severance agreement
| Clawback | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
James M. McGrann | ◇ | ◇ | — | — | — | — | ◇ |
Michael J. Nicholson | ◇ | ◇ | — | — | — | — | ◇ |
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 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 chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
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. HR
- 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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 17, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 18, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 12, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 14, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 15, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 8, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 10, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | June 11, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | June 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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- Alexander Wilkes (Chief Executive Officer and Director), FY2025 total compensation $5,198,862 (base salary $734,616) [exec_comp, SEC accession 0001140361-26-018642, filed 2026-05-04]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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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 IntelligenceAdviser switching and vote outcomes
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
337 figures on this page: 328 cited to the filing that reported them, 9 calculated from figures it prints.
328 cited to the filing
9 calculated from the filing
Documents cited
- 0001628280-26-044630
- 0001140361-26-0186422025 Director Compensation · CEO Pay Ratio · Director Compensation · Executive Compensation Tables
- 0001710155-25-000033
- 0001140361-25-016164Summary Compensation Table
- 0001710155-24-000035
- 0001710155-23-000033
- 0001104659-23-049818Summary Compensation Table
- 0001710155-22-000027
- 0001710155-21-000036
- 0001710155-20-000050
- 0001710155-19-000031
- 0001710155-18-000052
- 0001710155-18-000022
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “National Vision Holdings executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/EYE (accessed 2026).
Short form: data: Velarion
The paid brief for National Vision Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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MedTech & Diagnostics rankings
Peers National Vision Holdings discloses
The companies named in EYE's own disclosed peer group.
Acadia Healthcare Company, Inc.Align Technology, Inc.Caleres, Inc.Columbia Sportswear Co.Dentsply Sirona Inc.Embecta Corp.Five Below, Inc.Fossil Group, Inc.ICU Medical, Inc.Merit Medical Systems, Inc.Ollie's Bargain Outlet Holdings, Inc.Oxford Industries, Inc.RadNet, Inc.Surgery Partners Inc.Tandem Diabetes Care, Inc.The Cooper Companies, Inc.Warby Parker Inc.West Pharmaceutical Services, Inc.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
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}
}