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Rite Aid

  • ️Wed Dec 17 2008
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Rite Aid

COMPANY

Founded by Alex Grass in 1958, Rite-Aid is the third-largest drugstore chain in America, with 3400 stores. In May 2004 his son, former CEO Martin L. Grass was sentenced to eight years prison for conspiracy to inflate the company's stock value.

Official Website:
http://www.riteaid.com/

Industry:
Retail

Ticker:
NYSE:RAD

Corporate headquarters:
Camp Hill, PA

Sales:
$16.6B (2003)

Employees:
72,500 (2003)

EXECUTIVES

NameOccupationBirthDeathKnown for
Alex Grass Business 3-Aug-1927 27-Aug-2009 Founder of Rite Aid
Lew Lehrman Business 15-Aug-1938   Rite Aid drugstore founder
Robert G. Miller Business c. 1945   CEO of Albertson's
Mary F. Sammons Business 12-Oct-1946   CEO of Rite Aid
John T. Standley Business c. 1964   CEO of Pathmark Stores

CURRENT BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Joseph B. Anderson, Jr. Business c. 1943   TAG Holdings LLC
André Belzile Business c. 1962   Jean Coutu Group
François J. Coutu Business c. 1955   President, Jean Coutu Canada
Michel Coutu Business c. 1954   CEO, Jean Coutu Group USA
Michael A. Friedman Doctor c. 1944   Oncologist, City of Hope
George G. Golleher Business c. 1948   CEO of Smart & Final
Robert A. Mariano Business c. 1951   Roundy's Supermarkets
Robert G. Miller Business c. 1945   CEO of Albertson's
Michael N. Regan Business c. 1948   CFO of St. Joe Company, 2006-07
Mary F. Sammons Business 12-Oct-1946   CEO of Rite Aid
Philip G. Satre Business c. 1949   CEO of Harrah's Entertainment, 1993-2003
Jonathan D. Sokoloff Business c. 1962   Leonard Green & Partners
Marcy Syms Business c. 1951   Syms Corporation
Dennis Wood Business c. 1939   C-MAC Industries

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
John G. Danhakl Business c. 1956   Leonard Green & Partners
Alex Grass Business 3-Aug-1927 27-Aug-2009 Founder of Rite Aid
Stuart M. Sloan Business c. 1944   CEO of Quality Food Centers, 1991-96
Bob Tisch Business 29-Apr-1926 15-Nov-2005 CEO of Loews, Owner NY Giants

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