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Rite Aid Corporation (RAD)

8.01 Down 0.02(0.25%) 4:00PM EDT
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Rite Aid Corporation
30 Hunter Lane
Camp Hill, PA 17011
United States - Map
Phone: 717-761-2633
Fax: 717-972-3993

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 operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides 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 Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in 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 May 1, 2016 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 , 53
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
Mr. Kenneth A. Martindale , 56
Pres and Chief Exec. Officer of Rite Aid Stores
Mr. Darren W. Karst , 56
Chief Financial Officer, Chief Admin. Officer and Sr. Exec. VP
Mr. Frank G. Vitrano , 61
Chief Strategic Bus. Devel. Officer
Mr. Marc A. Strassler , 68
Corp. Counsel
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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