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    Rite Aid Corporation (RAD)

    7.86 Down 0.05(0.63%) Nov 27, 1:00PM EST
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    Rite Aid Corporation
    30 Hunter Lane
    Camp Hill, PA 17011
    United States - Map
    Phone: 717-761-2633
    Website: http://www.riteaid.com

    Index Membership:N/A
    Industry:Drug Stores
    Full Time Employees:50,730

    Business Summary 

    Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range 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, and other every day and convenience products. It also offers health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The company offers its products to customers covered by third party payors, such as insurance companies, prescription benefit management companies, government agencies, private employers, and other managed care providers. It has a strategic alliance with GNC. As of April 20, 2015, the company operated approximately 4,600 stores in 31 states of the United States, and the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

    Key Statistics

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    Corporate Governance 
    Rite Aid Corporation’s ISS Governance QuickScore as of Nov 1, 2015 is 1. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 2; Compensation: 2.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. John T. Standley , 52
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    Mr. Kenneth A. Martindale , 55
    Pres and Chief Exec. Officer of Rite Aid Stores
    Mr. Darren W. Karst , 55
    Chief Financial Officer, Chief Admin. Officer and Sr. Exec. VP
    Mr. Frank G. Vitrano , 60
    Chief Strategic Bus. Devel. Officer
    Mr. Robert K. Thompson , 58
    Exec. Officer
    Amounts are as of Dec 31, 2015 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.
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