As anyone who really cares already knows by now, John Standley has been named president of Walgreens. The appointment is both surprising and logical. Standley is a smart and savvy chain drug executive, having learned his way around the industry through many years of toil and a variety of challenges, most recently at Rite Aid,
DEERFIELD, Ill. — With the appointment of John Standley as Walgreens’ president yesterday, the management team at Walgreens Boots Alliance (WBA) gained an invaluable asset — a proven retail leader well equipped to provide a fresh, new perspective on the strategic transformation of the business that is already underway. A former chief executive officer at
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) on Monday appointed John Standley president of Walgreens, effective immediately. He will lead all Walgreens operations, and will have responsibility for the development, growth and management of the business as the company continues to build on its leadership in the rapidly evolving health care sector. Standley has a
CAMP HILL, Pa. — Rite Aid Corp. has appointed Heyward Donigan chief executive officer. Donigan was most recently president and CEO of Sapphire Digital (formerly Vitals), which designs and develops omnichannel platforms that help consumers choose their best-fit health care providers. At Rite Aid she succeeds John Standley, who had announced in March that he
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
CAMP HILL, Pa. – Rite Aid Corp. has entered into a strategic partnership with Adobe to deliver seamless, personalized and connected health and wellness experiences for Rite Aid customers via Adobe Experience Cloud, the industry’s leading end-to-end solution for experience creation, marketing, advertising, analytics and commerce. Adobe Experience Cloud will enhance Rite Aid’s ability to
CAMP HILL, Pa. — Rite Aid Corp. on Thursday reported fourth quarter earnings results that fell below Wall Street’s expectations. The drug chain also provided a forecast for the upcoming fiscal year. For the fourth quarter, the company reported net loss from continuing operations of $255.6 million, or 24 cents per share, adjusted net loss
CAMP HILL, Pa. — Rite Aid Corp. is replacing three top executives and cutting about 400 corporate jobs — more than a fifth of its white-collar positions. The chain announced the departures of chief executive officer John Standley, president and chief operating officer Kermit Crawford, and chief financial officer Darren Karst. Rite Aid said the
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
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
CAMP HILL, Pa. – Rite Aid Corp. announced that it has mutually agreed with Albertsons Cos. to terminate their previously announced merger agreement. “While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our stockholders and are committed to moving forward and executing our strategic plan as
CAMP HILL, Pa. — The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview. The Albertsons-Rite Aid merger deal, announced Tuesday, will transform Rite Aid through the addition of 1,800