Rite Aid Corporation Announces Leadership Changes
September 06 2017 - 7:30AM
Business Wire
Rite Aid Corporation (NYSE:RAD) has announced that President of
Rite Aid Corporation and CEO of Rite Aid stores Ken Martindale,
will leave Rite Aid, effective immediately, in order to assume a
leadership position at another company. Rite Aid also announced it
has promoted Bryan Everett, currently executive vice president in
charge of store operations, to the newly created position of chief
operating officer of Rite Aid stores.
In this position, Everett will be responsible for the company’s
store operations, merchandising, distribution and logistics.
Everett will report to Rite Aid’s Chairman and CEO John
Standley.
“Since joining Rite Aid two years ago, Bryan has had a
significant, positive impact on Rite Aid’s store operations as well
as in other areas of our business,” said Rite Aid’s Chairman and
CEO John Standley. “His exceptional leadership skills, strong
industry knowledge and his proven track record of operational
expertise and success make him the right person to lead key areas
of our organization during this important time as we move forward
to drive our business, create a great customer experience and
deliver value for our stakeholders.”
“We also wish to thank Ken for his significant contributions to
our company since joining Rite Aid in 2008,” Standley added. We
have all benefitted from the opportunity to have worked with Ken
and we wish him the very best in his future endeavors.”
Everett is an accomplished leader with more than 20 years of
experience in store operations. He joined Target Corporation in
2002, where he held various store operations positions of
increasing responsibility. While at Target, he most recently served
as senior vice president of store operations. In this role, he
focused on talent management, operational efficiency and integrated
technology solutions. In addition, he led new format, new store and
remodeling programs while also overseeing pharmacy and clinic
operations. Before joining Target, Everett also held store
operations management positions at Fleming Wholesale and ALDI
Inc.
Rite Aid Corporation is one of the nation's leading drugstore
chains with more than 4,500 stores in 31 states and the District of
Columbia and fiscal 2017 annual revenues of $32.8 billion.
Information about Rite Aid, including corporate background and
press releases, is available through the company's website at
www.riteaid.com.
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Rite Aid CorporationINVESTORS:Matt Schroeder,
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717-730-7766
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