RAD - Rite Aid Corporation

NYSE - NYSE Delayed Price. Currency in USD

Rite Aid Corporation

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

SectorConsumer Defensive
IndustryPharmaceutical Retailers
Full Time Employees32,190

Key Executives

NameTitlePayExercisedYear Born
Mr. John T. StandleyCEO & Director5.98M43.89k1963
Mr. Kermit Ray CrawfordPres & COON/AN/A1959
Mr. Bryan B. EverettChief Operating Officer1.46MN/A1973
Ms. Jocelyn Zazyczny KonradExec. VP of Pharmacy & Retail Operations1.02MN/A1970
Mr. Matthew SchroederChief Financial OfficerN/AN/A1970
Amounts are as of December 31, 2019 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, and other every day and convenience products. It also operates retail clinics that provide treatment for common conditions; and provides preventative services, such as screenings, medical tests, immunizations, and basic physical exams. In addition, this segment offers healthcare coaching and disease management services. The Pharmacy Services segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. This segment also performs prescription adjudication services for other PBMs; and offers integrated mail-order and specialty pharmacy services, as well as drug benefits under the federal government's Medicare Part D program. As of April 11, 2019, the company operated 2,469 stores in 18 states. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Corporate Governance

Rite Aid Corporation’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 5.

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.