Healthcare >> CEO Interviews >> September 30, 1999

John Klobnak – Laser Vision Centers Inc (lvci)

JOHN KLOBNAK, Chief Executive Officer of Laser Vision Centers, Inc., graduated from Southern Illinois University at Edwardsville, then began his career as a radio news director at KASU radio in Jonesboro, Arkansas, and later as a television news reporter, producer and anchor at KAIT-TV, also in Jonesboro. In 1976 Mr. Klobnak returned to St. Louis to enter the advertising business. From 1977 until 1986, he was a self- employed media consultant serving many local St. Louis firms. In 1986, Mr. Klobnak founded MarketVision, an advertising agency which specialized in serving eye surgeons. In 1988, Mr. Klobnak first saw the excimer laser, at that time an experimental device which allowed eye surgeons to correct nearsightedness. He decided to change the focus of his company to operate surgery centers employing the excimer laser. In 1989, the company's name was changed to Laser Vision Centers, Inc. The company went public in 1991 and began trading on the NASDAQ exchange, with Mr. Klobnak as Chairman and Chief Executive Officer, his current position. He also is a 1999 Entrepreneur of the Year recipient. While waiting nearly five years for the FDA to approve the laser for use in America, Mr. Klobnak opened centers in Canada, the United Kingdom, Ireland, Sweden, Finland and Greece. Upon approval, the company began operating in the United States. Laser Vision now has over 300 locations or sites which perform about one of every 10 surgeries performed in America. Profile
TWST: Could we start out with a brief overview and a little history of

Laser Vision Centers just to kind of set the stage for the readers?

Mr. Klobnak: Laser Vision Centers is one of the