October 21, 2017 1:10 AM ET

Healthcare Equipment and Supplies

Company Overview of Essilor of America, Inc.

Company Overview

Essilor of America, Inc. manufactures and distributes optical lenses in the United States. It offers progressive, no-glare, ophthalmic, and soft contact lenses; and optical supplies, coatings, and sun protection glasses to eye care practitioners and retail optical chains in the United States. The company also operates an optical laboratory network, which serves opticians, optometrists, and ophthalmologists in the United States. In addition, it offers education and training programs, and business management support services. The company offers its products through sales consultants and distributors. The company was founded in 1996 and is headquartered in Dallas, Texas. It has distribution cen...

13515 North Stemmons Freeway

Dallas, TX 75234

United States

Founded in 1996

Phone:

877-457-3760

Fax:

877-289-4778

Key Executives for Essilor of America, Inc.

President
Chief Financial Officer & Senior VP
President of Independent Distribution Division
President of Essilor Lab Group
Vice President of Legal and General Counsel
Compensation as of Fiscal Year 2017.

Essilor of America, Inc. Key Developments

Essilor of America Unveils Three Innovative Lens Technologies with the Ultimate Lens Package

Essilor of America announced the availability of three new products -- Varilux® X Series™, Crizal Sapphire® 360o UV and Eyezen™+ 0 lenses – paired with Transitions® Signature® VII to create the Ultimate Lens Package – a combination of Essilor's newest and most innovative lens technologies and Transitions Signature VII, designed to meet each eyeglass wearer's visual needs with ultimate in vision, clarity and protection in a single lens. The Ultimate Lens Package includes Eyezen+, Crizal Sapphire 360o UV and Transitions Signature VII for single vision patients, and Varilux X Series, Crizal Sapphire 360o UV and Transitions Signature VII for presbyopic patients. Each of these innovative new lenses is available separately so independent eyecare professionals (ECPs) can customize the solution that best meets their patients' needs. To help patients achieve their best vision, the products are designed to be dispensed as a complete single-lens solution so wearers can experience how all the components of the lens work together to improve their vision. Varilux X Series: In today's modern world, presbyopes are shifting their focus between near and intermediate objects more than ever. Yet a survey of progressive lens wearers found that approximately 50% are not completely satisfied with visual comfort at arm's reach, even with the most premium progressive lens designs.1 Varilux X Series lenses feature the revolutionary new Xtend™ Technology, which allows the wearer to see multiple distances through a single point in the lens, extending wearers' vision within arm's reach, so wearers no longer have to search for "just the right spot" to see sharply at any distance. Additionally, Varilux X Series lenses include all the technologies that made its predecessor, Varilux® S Series™, so successful: Nanoptix™ Technology to help reduce the "off balance" feeling often experienced by progressive lens wearers; Synchroneyes™ Technology for smoother transitions between visual distances; and W.A.V.E. (Wavefront Advanced Vision Enhancement™) Technology 2™ for sharper vision even in low light. Varilux X Series lenses are the result of an innovative new approach, immersing patients in research, testing and measurement from start to finish. More than five years of research and 19 wearer studies with over 2,700 wearers across the world have led to a technology so revolutionary, there are 15 new patents pending. Crizal Sapphire 360o UV: Patients are increasingly exposed to multiple light sources at all angles, which causes discomfort. In fact, 87% of wearers try to combat reflections by moving their head, changing posture, or taking off their glasses. Crizal Sapphire 360o UV No-Glare Lenses feature the new Multi-Angular Technology™ to reduce reflections from any angle of light for less distracting glare, better aesthetics and safer nighttime driving. Crizal Sapphire 360° UV No-Glare lenses offer best-in-class transparency and clarity, as well as superior durability and cleanability. The UV protection is also improved with an increased E-SPF® index3 to E-SPF®35, providing optimal UV protection in a clear lens. Eyezen+: Technology overload is a fact of life at every age. The numbers tell the story: 90% of adults are at risk for digital eye strain; 73% of adults are unaware of the dangers of Harmful Blue Light5; and 77% of parents report being concerned about the impact of devices on children's eyes. The new Eyezen+ 0 design, along with Eyezen+ lens designs 1, 2 and 3, provide sharp, comfortable vision and a complete range of accommodative relief options for every single vision age group. All Eyezen+ lenses reduce exposure to Harmful Blue Light7 with Essilor's Smart Blue Filter™, a clear feature which reduces exposure to Harmful Blue Light by at least 20%. Additionally, all Eyezen+ designs have W.A.V.E. (Wavefront Advanced Vision Enhancement™) Technology to provide sharper vision than traditional single vision lenses. Eyezen+ lenses are only available through independent ECPs. Transitions Signature VII: TransitionsAdaptive Lenses seamlessly adapt to changing light. Transitions Signature VII lenses with Chromea7™ technology offer the most balanced darkness and clarity, and have the fastest fade-back speed of any Transitions lens. They provide 100% UV protection and reduce exposure to Harmful Blue Light both indoors and outdoors.

Essilor of America Announces Executive Appointments

Essilor of America announced several new roles and leadership changes designed to support the company’s commitment to help customers grow and succeed. These new roles illustrate Essilor’s continued evolution as an organization dedicated to supporting the future of independent optometry and the optical industry overall. As a result, the following moves have occurred: Lauri Crawford has been named Senior Vice President, Brand Sales and Category Development. In this role, Crawford will focus on developing the key categories and brands across multiple channels and ensuring proper alignment between marketing and sales. Crawford will oversee the brand sales team, brand sales operations and lead the organization’s focus on Transitions ® /Photochromics, Varilux ® /PALs, Crizal ® /AR Coatings and Xperio UV ™ /Sun. Ellen Haag has been named Vice President, Consolidated ECPs. Haag will build and develop a new business unit comprised of ECPs that are centrally managed organizations. This new role includes creating strategies and programs to stimulate growth for these ECPs and developing value-enhancing solutions. Maureen Cavanagh has been named Vice President, Retail Accounts. Her responsibilities include ensuring that Essilor is positioned to meet the business needs of its Retail customers through innovation, supply chain and unique business solutions. She will lead the team responsible for managing long-term sustainable growth through its channel strategy with a focus on customer support and a consumer-centric approach. Matt Tackman has been named Vice President, Dispensing Innovation. In this role, Matt will lead the strategy and innovation for programs that help dispensaries connect optical products and services with patients. Matt will also lead the operations and teams in the upcoming EOA launch of new of products including Varilux, Crizal, Eyezen and Transitions.

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