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GrandVision N.V. (GRRDF)

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GrandVision N.V.

The Base, Tower C
6th Floor Evert van de Beekstraat 1-80
Schiphol 1118 CL
Netherlands
31 88 887 0100
http://www.grandvision.com

Sector(s)Consumer Cyclical
IndustrySpecialty Retail
Full-time employees32,609

Key executives

NameTitlePayExercisedYear born
Mr. Stephan BorchertCEO & Member of Management Board1.5MN/A1969
Mr. Willem EelmanCFO & Member of Management Board926.4kN/A1964
Thelke GerdesInvestor Relations & Communications DirectorN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

GrandVision N.V., together with its subsidiaries, operates optical retail chains in the France, Germany, the United Kingdom, and internationally. The company offers a range of optical services; prescription glasses, such as frames and lenses; contact lenses; sunglasses comprising plain and with prescription lenses; and eyecare products. It operates under various retail banners, including Apollo-Optik in Germany; Générale d'Optique and GrandOptical in France; Pearle in the Netherlands, Belgium, and Austria; Eye Wish Opticiens in the Netherlands; and Vision Express in the United Kingdom, Ireland, Poland, Hungary, the Middle East, and India. As of December 31, 2020, the company operated approximately 7,260 optical retail stores, including franchise stores. The company also provides eye testing, examinations, and diagnostics services. It sells its products under the DbyD, Fuzion, Heritage, Miki Ninn, Seen, Sensaya, Unofficial, Eyexpert, and iWear brand names. The company was founded in 1891 and is headquartered in Schiphol, the Netherlands. As on July 1, 2021, GrandVision N.V. is a subsidiary of EssilorLuxottica Société anonyme.

Corporate governance

GrandVision N.V.’s ISS governance QualityScore as of 26 September 2021 is 4. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 5; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.