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4-Traders Homepage  >  Shares  >  Nyse  >  Rite Aid Corporation    RAD   US7677541044

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Rite Aid : Bryan Everett Joins Rite Aid as Executive Vice President of Store Operations

06/29/2015 | 02:22pm US/Eastern
Bryan Everett Joins Rite Aid as Executive Vice President of Store Operations
Everett to Succeed Bob Thompson Who is Retiring from Rite AidCAMP HILL, Pa. (June 29, 2015) - Rite Aid Corporation (NYSE: RAD) today announced that Bryan Everett is joining Rite Aid as executive vice president of store operations, effective Aug. 3. In this position, Everett will be responsible for all operations at the company's nearly 4,600 chainwide stores and will report to Rite Aid's President and Chief Operating Officer Ken Martindale. Everett will succeed Bob Thompson, who has announced his retirement from the Company, effective January 2016. "Bryan is an energetic and talented leader with a proven track record of operational expertise and success," said Martindale. "We are pleased to welcome Bryan to Rite Aid and are confident Rite Aid will benefit from his outstanding leadership skills as we work together to continue to successfully grow our business and achieve long-term success." Martindale added: "I would also like to acknowledge the many valuable contributions Bob Thompson has made to Rite Aid since joining our Company over seven years ago. He has been a key member of our management team that, along with our nearly 90,000 associates, has executed a successful turnaround and positioned Rite Aid for long-term growth. We appreciate his leadership and commitment to Rite Aid during this important time." Thompson will continue reporting to Martindale until his retirement, working on specified service initiatives designed to continue to improve the overall customer experience in Rite Aid stores as well as assisting in the leadership transition. Everett is an accomplished leader with 20 years of experience in store operations. He joined Target Corporation in 2002, where he held various store operations positions of increasing responsibility. He most recently served as senior vice president of store operations for the company. In this role, he focused on talent management, operational efficiency and integrated technology solutions. He also led new format, new store and remodeling programs while also overseeing pharmacy and clinic operations. Before joining Target, Everett also held store operations management positions at Fleming Wholesale and ALDI Inc. Everett earned his bachelor's degree in corporate communications from Western Kentucky University in Bowling Green, Ky., and a master's degree in human resource development from Indiana State University from Terre Haute, Ind. Rite Aid Corporation is one of the nation's leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2015 annual revenues of $26.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.

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Contact:

Investors: Matt Schroeder 717-214-8867 or investor@riteaid.com

Media: Susan Henderson 717-730-7766



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