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Bruce Bodaken

Rite Aid appoints Heyward Donigan as CEO

Rite Aid appoints Heyward Donigan as CEO

CAMP HILL, Pa .— Rite Aid Corp. said Monday that the board of directors has appointed Heyward Donigan as chief executive officer and a member of the board, effective immediately. As planned, John Standley will step down from his role as chief executive officer. “Today’s announcement is an important step in positioning Rite Aid for

Rite Aid announces leadership restructuring

Rite Aid announces leadership restructuring

CAMP HILL, PA – Rite Aid Corp. announced Tuesday a leadership transition plan and an organizational restructuring to better align its structure with the company’s operations and to reduce costs. As part of the leadership transition, John Standley will step down as chief executive officer. The Board will promptly commence a search process for a

Rite Aid names Bruce Bodaken chairman at annual meeting

Rite Aid names Bruce Bodaken chairman at annual meeting

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

Rite Aid’s Q2 earnings meet expectations

Rite Aid’s Q2 earnings meet expectations

CAMP HILL, Pa. – Rite Aid Corp. on Thursday posted second-quarter earnings that were in line with Wall Street’s expectations. The company also named three new board members and announced it was dividing the chairman and chief executive officer position. Director Bruce Bodaken will become chairman while John Standley remains CEO. The moves follow the