Rite Aid Appoints Andre Persaud As Executive Vice President, Retail
February 04 2020 - 10:00AM
Business Wire
Rite Aid (NYSE: RAD) announced today the appointment of Andre
Persaud as executive vice president, retail. Persaud will lead the
retail operations for more than 2400 Rite Aid locations. His
responsibilities will include inventory and supply chain
management, field team management, store operations, asset
protection and facility maintenance and repairs. His retail
experience includes grocery, pharmacy, off-price apparel, and
beauty services, among others. Most recently, Persaud served as an
executive consultant to Wakefern Food.
“Andre has demonstrated proven success when it comes to leading
a transformational retail strategy,” said Heyward Donigan, CEO,
Rite Aid. “The company has many exciting growth initiatives planned
for 2020 and beyond. With Andre on board, we will move quickly to
build on existing Rite Aid customer loyalty and implement a
compelling, go-forward retail vision.”
“I’m thrilled to join Rite Aid at such a pivotal moment in the
company’s history,” said Andre Persaud, executive vice president,
retail, Rite Aid. “Customer expectations of retail pharmacies are
rapidly changing. They want a more engaged health and wellness
experience, more relevant, curated merchandise and a seamless
retail experience. I look forward to working with the Rite Aid team
to deliver on these expectations.”
Andre Persaud Biography
Andre Persaud was appointed executive vice president, retail for
Rite Aid in February 2020. Persaud will lead retail operations,
supply chain, asset protection, and store facilities. Persaud is an
accomplished senior executive with more than 25 years of diverse
and broad retail experience across varied channels and formats for
public and private equity owned companies in both the U.S. and
Canada.
Most recently, Persaud was as an executive consultant with
Wakefern Food Corporation, the nation’s largest retailer-owned
cooperative with member companies that own and operate
supermarkets, where he worked with the leadership team on the
company’s ongoing strategic transformation. Prior to Wakefern,
Persaud served as executive vice president retail, for Shopko
Stores Operating Company with direct responsibility for all
operating divisions and banners across retail, pharmacy, and
optical. Previously, Persaud served as senior vice president, store
operations for Burlington Stores and prior to that he served as
senior vice president, central operations and merchandising, for
Loblaw Companies Limited, Canada’s leading grocery business.
Previously, Persaud served in multiple senior operational
leadership roles for Shoppers Drug Mart. He began his career as a
pharmacist and served in progressive leadership roles to eventually
lead drug store operations for Walmart Canada.
Persaud has served on the National Association of Chain Drug
Stores Board of Directors and as a Board Advisor for Profitect, an
AI and prescriptive analytics company.
He holds both a bachelor of pharmacy degree and an MBA from the
State University of New York at Buffalo.
About Rite Aid Corporation
Rite Aid Corporation is on the front lines of delivering health
care services and retail products to over 1.6 million Americans
daily. Our pharmacists are uniquely positioned to engage with
customers and improve their health outcomes. We provide an array of
whole being health products and services for the entire family
through over 2,400 retail pharmacy locations across 18 states.
Through EnvisionRxOptions, we also deliver pharmacy benefit
management to approximately 1,900 clients and 3.4 million members.
For more information, www.riteaid.com.
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