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Rite Aid names Persaud to head retail operations

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CAMP HILL, Pa. — Rite Aid Corp. has tapped retail industry veteran Andre Persaud to serve as executive vice president of retail.

Persaud will lead the retail operations for more than 2,400 Rite Aid locations. His responsibilities will include inventory and supply chain management, field team management, store operations, asset protection, and facility maintenance and repairs.

Persaud brings extensive retail experience to his new role, including positions that involved responsibility for grocery, pharmacy, off-price apparel and beauty services.

“Andre has demonstrated proven success when it comes to leading a transformational retail strategy,” said Rite Aid chief executive officer Heyward Donigan. “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,” Persaud said. “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.”

Most recently, Persaud was an executive consultant with Wakefern Food Corp., where he worked with the leadership team on the company’s ongoing strategic transformation.

Prior to Wakefern, he served as executive vice president of retail for Shopko Stores Operating Co. with direct responsibility for all operating divisions and banners across retail, pharmacy and ­optical.

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.


ECRM_06-01-22


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