Connect with us

Headlines

Costa CEO Chas McDonald to Retire After 30-Year Career

mm

Published

on

 

He helped lead the company’s sustainability efforts.

Costa CEO Chas McDonald to Retire After 30-Year Career
Chas MacDonald

Costa President and CEO Chas MacDonald has announced his retirement from the company, effective April 30.

Upon joining Costa in 2003, he guided the company through its acquisition with A.T. Cross that same year, and then later through the merger agreement with Essilor Inc. in 2014. The company’s sales when it was initially acquired in 2003 were approximately $10 million; the brand is now tracking to exceed $150 million in sales by year’s end, according to a release from the company. He also helped chart the path for Costa as a brand advocate for sustainable sport fishing practices and ocean conservation.

MacDonald’s career spans more than 30 years in the optical industry. Prior to joining Costa, he served as president of Outlook Eyewear, then a division of Luxottica Group, as well as several management and financial positions within various divisions of Bausch & Lomb.

Following his retirement from Costa, MacDonald will serve as a senior advisor to the Essilor Sun and Reader division.

“Chas’s incredible commitment and passion for Costa has helped propel the brand to worldwide recognition,” says Eric Thoreux, president of Essilor’s Sun and Reader division. “His hard work and dedication to strong leadership are evident in his business success. We wish him all the best in his retirement.”

Advertisement

“The achievements we’ve enjoyed at Costa have certainly been a result of great teamwork,” says MacDonald. “I’d personally like to thank each and every one of my senior management staff, as well as the entire Costa organization, for their commitment to excellence for our brand.”

SPONSORED VIDEO

SPONSORED BY VARILUX

The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width3 according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion4 and seamless transitions from near to far.

For more information, visit here.

Promoted Headlines

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Advertisement

Most Popular