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Rite Aid Corporation (RAD)

NYSE - NYSE Delayed Price. Currency in USD
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13.58-0.55 (-3.89%)
At close: 4:00PM EDT

Rite Aid Corporation

30 Hunter Lane
Camp Hill, PA 17011
United States
717-761-2633
http://www.riteaid.com

Sector(s)Healthcare
IndustryPharmaceutical Retailers
Full Time Employees50,000

Key Executives

NameTitlePayExercisedYear Born
Ms. Heyward Rutledge Donigan B.A.Pres CEO & Director2.18MN/A1961
Mr. Matthew C. SchroederCFO & Exec. VP1.17MN/A1970
Mr. James Joseph Peters Jr.Chief Operating Officer1.31MN/A1972
Mr. Justin L. MennenExec. VP & Chief Information Officer731.15kN/A1981
Ms. Jocelyn Zazyczny KonradExec. VP & Chief Pharmacy Officer1.36MN/A1970
Mr. Brian T. HooverChief Accounting Officer & Sr. VPN/AN/A1965
Byron PurcellSr. Director of Treasury Services & Investor RelationsN/AN/AN/A
Mr. Trent KruseSr. VP of Investor Relations & TreasuryN/AN/AN/A
Mr. Paul D. GilbertExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1967
Ms. Susan K. HendersonChief Communications Officer & Sr. VPN/AN/A1953
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and other every day and convenience products, as well as brand and generic prescription drugs. It also operates retail clinics that provide treatment for common conditions; and provides preventative services. In addition, this segment offers healthcare coaching and disease management services. The Pharmacy Services segment provides integrated suite of pharmacy benefit management (PBM) offerings, including technology solutions, mail delivery services, specialty pharmacy, network and rebate administration, claims adjudication, and pharmacy discount programs, as well as drug benefits under the federal government's Medicare Part D program and insurance offerings for individuals and groups. This segment serves health plans, commercial employers, labor groups, and state and local governments. As of April 28, 2021, the company operated approximately 2,500 retail pharmacy locations in 17 states. Rite Aid Corporation was founded in 1962 and is headquartered in Camp Hill, Pennsylvania.

Corporate Governance

Rite Aid Corporation’s ISS Governance QualityScore as of June 30, 2021 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.