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Vision Source Appoints Glenn Ellisor O.D. to Executive Chairman, Jim Greenwood to President and CEO

Founder and current president assume new roles at leading optometric alliance

KINGWOOD, Texas (August 19, 2013) –Vision Source board of directors today announced Glenn D. Ellisor O.D. will transition from chairman and chief executive officer to executive chairman of the corporation effective immediately, and Jim Greenwood will assume the role of president and chief executive officer.

In this newly created role, Ellisor will continue to lead the company’s board of directors as the executive chairman and will remain actively involved in the company's strategy development, including being the full-time clinical lead of the company and setting the strategic direction of the organization for the Kingwood-based  leading optometric alliance. Jim Greenwood will lead the senior team and will be responsible for the execution of major strategic plans and investments and initiatives required for achievement of key organization priorities, while working closely with Ellisor.

"With the implementation of the Affordable Care Act approved on March 23, 2010 by President Obama, and upheld on June 28, 2012 by the United States Supreme Court, the formation of ACOs, physician consolidation, reimbursement pressures and new technologies, it is clear that the industry is facing more, complex change than ever before," said Glenn Ellisor O.D. "My full-time focus will now be how we best serve independent ODs and our members in this rapidly evolving new environment. This is the appropriate time to transition the chief executive responsibilities to Jim," Ellisor added.

"Jim is well known and respected throughout the healthcare industry and is an outstanding business person with strategic vision and excellent execution skills," Ellisor said. "Jim's energy, enthusiasm and genuine passion for the company's mission have earned him the trust and respect of the independent optometrists served by Vision Source. He will be working closely with Vision Source senior leaders, including Drs. Bobby Christensen, Derrick Artis, John McCall, Rob Houdek, and Walt West," he added. "Under his leadership, I am confident Vision Source will continue to grow and lead as the top, independent optometrist alliance."

Greenwood brings to the chief executive role more than 20 years of healthcare experience and a proven track record of accomplishment at Concentra. During his 20 years at Concentra, a $1 billion physician practice management company, Jim worked in close partnership with the clinical leaders of a dynamic industry-leading organization that consistently delivered excellent clinical outcomes and an outstanding patient experience during a time of rapid transformational change. Additionally, Greenwood serves on the board of directors for several, premium healthcare organizations and a healthcare administration program's advisory council, which enrich the experience that he brings into Vision Source in his new role.

"We're fortunate to have Glenn in a full-time position to concentrate on the critical areas of identifying and pursuing key strategies to help our members' practices grow," said Jim Greenwood. "Glenn and I will work closely together to serve and create additional value for our members and their patients in all that we do."

Glenn D. Ellisor O.D. is the founder of the organization and has served as its top executive in various roles including president, chief executive officer and chairman of the board. Since June 1991, Dr. Ellisor has owned and co-owned several Vision Source practices and currently owns a multi-doctor practice in Kingwood, Texas. He's served on numerous industry boards and advisory panels, as well as those of charitable organizations.

This announcement comes during the most successful time period in the 22+ year history of Vision Source. As the organization continues innovating forward in its third decade as the leading eye care professional alliance, Vision Source will offer members a wide range of exciting, new, value-added solutions, practice enhancement tools, marketing programs, vendor offerings, and other industry-leading member services.

Founded in 1991, Vision Source is North America’s largest network of private practice optometrists with 2,800+ practices consisting of the most influential experts in the eye care industry. Through leveraging the network’s collective power, Vision Source is able to deliver practice and professional development tools, marketing expertise and services, and unsurpassed purchasing power. For more information, call 888-558-2020 or visit www.visionsource.com.  

Posted On August 19, 2013