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Rite Aid Corporation (RAD)


NYSE - NYSE Delayed Price. Currency in USD
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4.05+0.94 (+30.23%)
At close: 4:00PM EDT

4.18 0.13 (3.21%)
After hours: 7:59PM EDT

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Rite Aid Corporation

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

SectorServices
IndustryDrug Stores
Full Time Employees52,160

Key Executives

NameTitlePayExercisedAge
Mr. John T. StandleyChairman & Chief Exec. Officer1.5MN/A54
Mr. Kenneth A. MartindalePres & Chief Exec. Officer of Rite Aid Stores1.26MN/A57
Mr. Darren W. KarstSr. VP, CFO & Chief Admin. Officer1.08MN/A57
Mr. Enio Anthony Montini Jr.Exec. VP of Merchandising & Distribution608.04kN/A64
Mr. Bryan EverettExec. VP of Store Operations612.34kN/A44
Amounts are as of December 31, 2017 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 Retail Pharmacy and Pharmacy Services segments. The Retail Pharmacy segment sells prescription drugs; and a range of other merchandise, 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. This segment 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 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; offers integrated mail-order and specialty and compounding pharmacy services; and provides infertility treatment, as well as drug benefits under the federal government's Medicare Part D program. Rite Aid Corporation has a strategic alliance with GNC. As of June 20, 2017, the company operated approximately 4,500 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.

Corporate Governance

Rite Aid Corporation’s ISS Governance QualityScore as of June 2, 2017 is 2. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 2; Compensation: 6.

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.