(2020), a leading provider of on-site vision care for businesses and schools, serving over 450 leading employers, yesterday announced the appointment of Alexis McLaughlin as 2020’s new CEO. McLaughlin will also join 2020’s board of directors. Most recently, McLaughlin was SVP/general manager of retail licensed brands at Luxottica Retail, where she was responsible for $500 million in revenue across 1,000 stores in North America. In her role, McLaughlin led the systematic growth of Target Optical and the strategic optimization of Sears Optical.
With nearly a decade of vision care industry experience, McLaughlin is a proven business and organization builder, best known for driving growth and innovating the retail optical experience, the company noted. Prior to Luxottica Retail, she oversaw new product innovation and commercialization at Pepperidge Farms and held senior leadership positions in brand management and new product development at General Mills.
“We are delighted to have such a talented and experienced executive as Alexis joining 2020,” said Anthony Morris, chairman of the board. “Alexis’s proven track record of strategic growth and innovation makes her an ideal fit as we realize our future potential in the marketplace.”
Former CEO and company founder, Howard Bornstein, will continue to serve on the board. Morris thanked Bornstein on behalf of 2020 and its board for “founding 2020, making us the industry-leading platform and for his contributions and leadership during the formative period in our history.”
“I am incredibly excited for Alexis to lead 2020 in the next stage of our growth and expansion,” said Bornstein. “She shares our passion for growth and her strategic insight and ability to execute will be instrumental as we accelerate our growth.”
In today’s announcement, McLaughlin said, “This is an exciting time to be joining the talented team at 2020, as we work to strengthen our foundation, all with an eye on leveraging opportunities to drive value from this industry-leading, one-of-a-kind platform.”
McLaughlin told VMAIL
, “We are working with employers both large and mid-sized. We started with corporate clients in Boston and we’ve since expanded to serve companies in Chicago and in Atlanta. Our next challenge will be to grow our sales team. For many of our clients, particularly those with younger workforces, like Wayfair, appreciate the convenience of onsite services. We offer eye exams and a dispensary as well via our mobile units.”
In addition to Wayfair, with over 7,000 employees, 2020’s current client list also includes Microsoft, TJX, Novartis, Dana Farber and iRobot, among others, McLaughlin said. The company works with a company’s ongoing health insurance provider and, in some cases, with existing managed vision care providers, coordinating a workflow with them as an out-of-network service provider.
2020 also announced the closing of its Series B Financing in June 2018, led by Morningside Ventures, with over $5 million in new capital to accelerate 2020’s growth.
On Aug. 15, Inc. Magazine
ranked 2020 as #211 on the 2018 Inc. 5000
, a compilation of the 5,000 fastest growing companies in the U.S. based on revenue growth over the past 3 years. 2020 also ranked #17 nationally for Healthcare, #3 in Massachusetts overall and #1 in Massachusetts for Healthcare.