Glenn D. Ellisor Transitions to Executive Chairman of Vision Source as Jim Greenwood Becomes President and CEO

By

Jim Greenwood.

KINGWOOD, Texas— Vision Source’s founder, Glenn D. Ellisor, OD, will transition from chairman and chief executive officer to the newly created position of executive chairman of the corporation effective immediately. Jim Greenwood will assume the role of president and chief executive officer. Greenwood originally joined the company in January as president and chief operating officer, as reported by VMail Jan. 7, 2013.

Ellisor will continue to lead the company’s board of directors 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 optometric alliance. Working closely with Ellisor, Greenwood will lead the senior team and will be responsible for the execution of major strategic plans, investments and initiatives.

“With the implementation of the Affordable Care Act, 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 Ellisor. “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.”


Glenn D. Ellisor, OD.

“Jim is well known and respected throughout the health care industry and is an outstanding business person with strategic vision and excellent execution skills,” Ellisor added. “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. Under his leadership, I am confident Vision Source will continue to grow and lead as the top, independent optometrist alliance.”

Greenwood brings more than 20 years of health care experience and a proven track record of accomplishment at Concentra, a $1 billion physician practice management company, where Greenwood worked in close partnership with clinical leaders during a time of rapid transformational change. Greenwood also serves on the board of directors for several health care organizations and a health care administration program’s advisory council.

“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 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.”

Since founding Vision Source in 1991, Ellisor has served as its top executive in various roles including president, chief executive officer and chairman of the board. Since June 1991, he has owned and co-owned several Vision Source practices and currently owns a multi-doctor practice here. 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, according to a company statement. With more than 2,800 practices, Vision Source is North America’s largest network of private practice optometrists.