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Rite Aid names Bruce Bodaken chairman at annual meeting

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CAMP HILL, Pa. — Rite Aid Corp. named Bruce Bodaken chairman during the 2018 annual stockholders meeting on Tuesday. He assumed the role from John Standley, who will remain chief executive officer and a member of the board.

Based on preliminary results from the meeting:

  • Stockholders voted in favor of all of the company’s nominees to the board of directors: Joseph Anderson Jr., Bodaken, Robert Knowling Jr., Kevin Lofton, Louis Miramontes, Arun Nayar, Michael Regan, Standley and Marcy Syms, each for terms until Rite Aid’s 2019 annual meeting of stockholders.
  • Stockholders ratified the appointment of Deloitte & Touche LLP as Rite Aid’s independent registered public accounting firm.
  • Stockholders voted for the stockholder proposals to require an independent board chairman, a report on sustainability, and a report on governance measures related to opioids and against the nonbinding advisory resolution on executive compensation.

Final voting tallies from this year’s annual meeting are subject to certification by Rite Aid’s inspector of elections, and will be included in the company’s report to be filed on Form 8-K with the Securities and Exchange Commission in due course.


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