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Rite Aid (RAD) President Ken Martindale Resigns

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Rite Aid Corporation Announces Leadership Changes

September 6, 2017 7:30 AM EDT

CAMP HILL, Pa.--(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 companys store operations, merchandising, distribution and logistics.... More