People: Rite Aid Corp (RAD)

RAD on New York Consolidated

6.77USD
19 Dec 2014
Price Change (% chg)

$-0.01 (-0.15%)
Prev Close
$6.78
Open
$6.84
Day's High
$6.87
Day's Low
$6.67
Volume
39,911,285
Avg. Vol
23,811,624
52-wk High
$8.61
52-wk Low
$4.42

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Summary

Name Age Since Current Position

John Standley

51 2013 Chairman of the Board, Chief Executive Officer

Kenneth Martindale

54 2013 President, Chief Operating Officer

Darren Karst

54 2014 Chief Financial Officer, Executive Vice President

Dedra Castle

48 2014 Chief Human Resource Officer, Executive Vice President

Frank Vitrano

2014 Senior Executive Vice President, Chief Administrative Officer

Marc Strassler

66 2009 Executive Vice President, General Counsel, Secretary

Enio Montini

61 2011 Executive Vice President - Merchandising

Robert Thompson

60 2009 Executive Vice President - Pharmacy

Robert Thompson

56 2011 Executive Vice President - Store Operations

Doug Donley

51 2005 Chief Accounting Officer, Senior Vice President

Bruce Bodaken

62 2013 Director

Kevin Lofton

59 2013 Director

Myrtle Potter

55 2013 Director

Joseph Anderson

71 2005 Independent Director

David Jessick

60 2009 Independent Director

Michael Regan

66 2013 Independent Director

Marcy Syms

63 2005 Independent Director

Matt Schroeder

2014 Group Vice President, Strategy, Investor Relations and Treasurer

Biographies

Name Description

John Standley

Mr. John T. Standley is Chairman of the Board, Chief Executive Officer of Rite Aid Corporation. He has been Chairman of the Board since June 21, 2012, Chief Executive Officer since June 2010 and was President from September 2008 until June 2013. Mr. Standley served as the Chief Operating Officer from September 2008 until June 2010. He also served as a consultant to Rite Aid from July 2008 to September 2008. From August 2005 through December 2007, Mr. Standley served as Chief Executive Officer and was a member of the Board of Directors of Pathmark Stores, Inc. From June 2002 to August 2005, he served as Senior Executive Vice President and Chief Administrative Officer of Rite Aid and, in addition, in January 2004 was appointed Chief Financial Officer of Rite Aid. He had served as Senior Executive Vice President and Chief Financial Officer of Rite Aid from September 2000 to June 2002 and had served as Executive Vice President and Chief Financial Officer of Rite Aid from December 1999 until September 2000. Previously, he was Executive Vice President and Chief Financial Officer of Fleming Companies, Inc., a food marketing and distribution company from May 1999 to December 1999. Between July 1998 and May 1999, Mr. Standley was Senior Vice President and Chief Financial Officer of Fred Meyer, Inc. Mr. Standley served as Senior Vice President and Chief Financial Officer of Ralphs Grocery Company between January 1997 and July 1998. Mr. Standley also served as Senior Vice President of Administration at Smith's Food & Drug Stores, Inc. from May 1996 to February 1997 and as Chief Financial Officer of Smitty's Supervalue, Inc. from December 1994 to May 1996. Mr. Standley is Chairman of the National Association of Chain Drug Stores' Board of Directors and also serves on the SUPERVALU INC. Board of Directors.

Kenneth Martindale

Mr. Kenneth A. Martindale has been appointed as President, Chief Operating Officer of Rite Aid Corporation effective June 20, 2013. Previously he served as Chief Operating Officer since June 2010. From December 2008 until June 2010, he served as Rite Aid's Senior Executive Vice President and Chief Merchandising, Marketing and Logistics Officer. Mr. Martindale served as Co-President, Chief Merchandising and Marketing Officer for Pathmark Stores, Inc. from January 2006 until its acquisition by the Great Atlantic & Pacific Tea Company in December 2007. In January 2000, Mr. Martindale joined the Board of Directors of Intesource, Inc.; became Chairman of the Board in March 2004; and served as President, Chief Executive Officer and Chairman of the Board from November 2004 until January 2006. From September 1999 until November 2004, Mr. Martindale was Principal of Martindale Development Group, L.L.C. In September 1999 until July 2003, Mr. Martindale was Managing Director/CEO of Orchard Street, Inc., a privately held specialty food retailer which he founded and owned. Mr. Martindale was Executive Vice President of Sales and Procurement with Fred Meyer, Inc. from January 1998 until September 1999 and was Senior Vice President of Sales and Procurement with Smith's Food & Drug Centers, Inc. from June 1996 until January 1998. Mr. Martindale currently serves on the Board of Directors of the National Association of Chain Drug Stores.

Darren Karst

Mr. Darren W. Karst has been appointed as Chief Financial Officer, Executive Vice President of the Company effective August 20, 2014. Karst joins Rite Aid from Roundy’s, Inc. (NYSE:RNDY), a leading Midwest grocer based in Milwaukee, Wis., where he has been the executive vice president, chief financial officer and assistant secretary since 2002. Prior to that, Karst was a partner at the Yucaipa Companies, a private equity investment firm. He also held executive financial positions within several Yucaipa portfolio companies, including Chicago-based Dominick’s, where he served as the chief financial officer and a director. Karst earned a bachelor’s degree in business administration and accounting from the University of Kansas in Lawrence. He is also a certified public accountant.

Dedra Castle

Ms. Dedra N. Castle is Executive Vice President and Chief Human Resources Officer of Rite Aid Corporation. Ms. Castle joined Rite Aid as Executive Vice President and Chief Human Resources Officer effective March 24, 2014. Prior to joining Rite Aid, from 2012 until 2014, Ms. Castle was a founding member and managing partner of Castle Partners, LLC, a human resources management services firm, and Level Mediation, LLC, a multi-state mediation firm. From 2008 until 2012, Ms. Castle worked for the Sam's Club Division of Wal-Mart Stores, Inc., where she served as the Vice President of Club/Field Support, People, Inclusion, Diversity and Policy. Prior to joining Sam's Club, she held senior human resources positions at Winn-Dixie Stores, Inc. and Auto Zone Stores, Inc.

Frank Vitrano

Mr. Frank G. Vitrano is Senior Executive Vice President, Chief Administrative Office of Rite Aid Corporation. He no longer serves as Senior Executive Vice President, Chief Financial Officer of the Company effective August 20, 2014. He was a self-employed private investor from January 2008 to September 2008. Previously, Mr. Vitrano spent 35 years at Pathmark Stores, Inc., where most recently he served as President, Chief Financial Officer and Treasurer from October 2002 until its acquisition by the Great Atlantic & Pacific Tea Company in December 2007. Pathmark Stores filed a Chapter 11 bankruptcy petition in June 2000 and emerged from bankruptcy in September 2000. Prior to serving as President, Chief Financial Officer and Treasurer, Mr. Vitrano served in a variety of positions at Pathmark. Mr. Vitrano was a Director of Pathmark Stores, Inc. from 2000 to 2005.

Marc Strassler

Mr. Marc A. Strassler is Executive Vice President, General Counsel and Secretary of Rite Aid Corporation, since March 9, 2009. From January 2008 until March 2009, Mr. Strassler was a self-employed private investor. Previously, Mr. Strassler served as Senior Vice President, General Counsel and Corporate Secretary with Pathmark Stores, Inc. from 1997 until its acquisition by the Great Atlantic & Pacific Tea Company in December 2007. From 1987 until 1997, he served as Vice President, General Counsel and Secretary of Pathmark.

Enio Montini

Mr. Enio Anthony Montini, Jr., is Executive Vice President - Merchandising of Rite Aid Corporation., since April 2011. From February 2010 to April 2011, he served as Senior Vice President, Category Management. Prior to serving in this position, from February 2008 until January 2010 he served as Executive Vice President, Chief Operating Officer with MARC USA, a privately held company. From February 2005 until January 2008, Mr. Montini was Senior Vice President of Operations with MARC USA and from September 2004 until January 2005, he served as Senior Vice President, Channel Marketing with MARC USA.

Robert Thompson

Mr. Robert Ivan Thompson is Executive Vice President - Pharmacy of Rite Aid Corporation, since September 2009. From August 2008 until September 2009, Mr. Thompson served as Senior Vice President, Pharmacy Operations. From February 2008 to August 2008, he served as Senior Vice President, Northeast Division, and from June 2007 to February 2008, Mr. Thompson served as Vice President, Integration. From July 2004 (when he first joined Rite Aid) to June 2007, he served as Vice President, Pharmacy Business Development.

Robert Thompson

Mr. Robert K. Thompson is Executive Vice President - Store Operations of Rite Aid Corporation, since July 2011. From November 2007 to July 2011, Mr. Thompson served as Senior Vice President of the Western Division. Prior to joining Rite Aid in 2007, he was a Senior Vice President for the West Region of Target Corporation where he served for nearly 20 years in operations positions of increasing responsibility.

Doug Donley

Mr. Douglas E. Donley is Senior Vice President, Chief Accounting Officer of Rite Aid Corporation, since October 2005. He had been Group Vice President, Corporate Controller from 1999 to October 2005. Mr. Donley served as the acting principal financial officer of the Company from October 7 to October 8, 2008, and as a financial analyst for the Company from 1996 to 1999. He was an internal auditor for Harsco Corporation from 1994 to 1996. Prior to joining Harsco, he was an auditor for KPMG Peat Marwick. In March 2007, pursuant to a plea agreement, Mr. Donley pled guilty to state misdemeanor offenses related to driving under the influence. Mr. Donley has subsequently satisfied all terms of the plea agreement. The Company believes that this matter does not adversely affect Mr. Donley's fitness to serve as an officer.

Bruce Bodaken

Mr. Bruce G. Bodaken has been appointed as Director of Rite Aid Corporation, effective May 13, 2013. From 2000 through December 2012, Mr. Bodaken served as Chairman and Chief Executive Officer of Blue Shield of California. Mr. Bodaken also previously served as President and Chief Operating Officer of Blue Shield of California from 1995 to 2000 and Executive Vice President and Chief Operating Officer from 1994 to 1995. Prior to joining Blue Shield of California, Mr. Bodaken served as Senior Vice President and Associate Chief Operating Officer of F.H.P., Inc., a managed care provider, from 1990 to 1994 and held various positions at F.H.P. from 1980 to 1990, including Regional Vice President. Mr. Bodaken is currently a director and audit committee chairman of WageWorks, Inc. He is also a member of the Institute of Medicine's Roundtable on Value and Science-Driven Health Care. Mr. Bodaken brings to the Board an in-depth knowledge of the health insurance and managed care industries and more than 20 years of executive leadership skills.

Kevin Lofton

Mr. Kevin E. Lofton is Director of the Rite Aid Corporation. Mr. Lofton is currently the President and Chief Executive Officer of Catholic Health Initiatives. Headquartered in Denver, this healthcare system operates the full continuum of services from hospitals to home health agencies nationwide. He previously served as Chief Executive Officer of the University of Alabama at Birmingham Hospital and Howard University Hospital in Washington, D.C. Mr. Lofton is also a director and member of the audit committee of Gilead Sciences, Inc.

Myrtle Potter

Ms. Myrtle S. Potter is Director of the Rite Aid Corporation. Ms. Potter currently operates Myrtle Potter and Company, LLC, a private consulting firm she founded in 2005, and Myrtle Potter Media, Inc., a consumer healthcare content company she founded in 2009. Ms. Potter previously served at Genentech, Inc., as President of Commercial Operations from 2004 to 2005 and as Executive Vice President, Commercial Operations and Chief Operating Officer from 2000 to 2004. Ms. Potter serves as a director of Liberty Mutual Holding Company, Inc., Everyday Health, Inc. and Proteus Digital Health, Inc. and as a trustee of The University of Chicago. Ms. Potter served on the board of Medco Health Solutions, Inc. from December 2007 until its acquisition by Express Scripts, Inc. in April 2012. She continued on the board at Express Scripts until June 2012.

Joseph Anderson

Mr. Joseph B. Anderson, Jr., is Independent Director of Rite Aid Corporation. Mr. Anderson has been the Chairman of the Board and Chief Executive Officer of TAG Holdings, LLC, a manufacturing, service and technology business, since January 2002. Mr. Anderson was Chairman of the Board and Chief Executive Officer of Chivas Industries, LLC from 1994 to 2002. Mr. Anderson also serves as a director of Quaker Chemical Corporation and Meritor, Inc. Mr. Anderson previously served as a director of NV Energy Inc. until December 2013 and Valassis Communications, Inc. until February 2014.

David Jessick

Mr. David R. Jessick, CPA, is Independent Director of Rite Aid Corporation. Mr. Jessick has served as a director of Rite Aid since April 2009. From July 2002 to February 2005, Mr. Jessick served as a consultant to Rite Aid's Chief Executive Officer and senior financial staff and was Senior Executive Vice President, Chief Administrative Officer of Rite Aid from December 1999 to July 2002. From July 1998 to June 1999, Mr. Jessick was Executive Vice President, Finance and Investor Relations of Fred Meyer, Inc., and from February 1997 to July 1998, Mr. Jessick was Chief Financial Officer of Fred Meyer, Inc. From 1979 to 1996, he held various financial positions including Executive Vice President and Chief Financial Officer at Thrifty Payless Holdings, Inc. Mr. Jessick began his career as a Certified Public Accountant for Peat, Marwick, Mitchell & Co. Mr. Jessick is currently a director and audit committee chairman of DFC Global Corp. and Big 5 Sporting Goods Corporation. In addition, he previously served as a director and non-executive Chairman of Pathmark Stores, Inc. (2005-2007) and as a director of Source Interlink, Inc. (2005-2009) and Pinnacle Foods Group, Inc. (2005-2008).

Michael Regan

Mr. Michael N. Regan is Independent Director of Rite Aid Corporation. Mr. Regan has been a special situations senior executive since January 2012; serving as the Hold Separate Manager on behalf of the Federal Trade Commission, operating the Lumiere Place Casino and Hotel in St. Louis, Missouri from August 2013 through its expected sale in spring 2014 and prior to that as Chief Financial Officer of Indianapolis Downs LLC, a casino and horse track complex located near Indianapolis, Indiana during its bankruptcy from January 2012 through its sale in February 2013. Beginning May 2007 through December 2011, Mr. Regan was a self-employed private equity investor. Prior thereto, Mr. Regan served as Chief Financial Officer of The St. Joe Company, a major real estate development company based in Florida, from November 2006 to May 2007. From 1997 to November 2006, he served as Senior Vice President, Finance and held various other positions with The St. Joe Company and was a member of the senior management team. Prior to joining The St. Joe Company, he served in various financial management functions at Harrah's Entertainment from 1980 through 1997, including as Vice President and controller from 1991 to 1997.

Marcy Syms

Ms. Marcy Syms is Independent Director of Rite Aid Corporation. Ms. Syms served as a director of Syms Corp., a chain of retail clothing stores, from 1983, when she was named President and COO, until 2012. Marcy Syms became CEO of Syms Corp. in 1998 and was named Chair in 2010. In November 2011, Syms Corp. and its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code and ceased all retail operations. Marcy Syms is also a founding member of the Board of Directors of the Syms School of Business at Yeshiva University. Currently, Marcy Syms serves as President of the Sy Syms Foundation and Founder and President of the TPD Group LLC, a multi-generational succession planning company.

Matt Schroeder

Basic Compensation

Options Compensation

Name Options Value

John Standley

3,114,123 12,358,050

Kenneth Martindale

1,000,000 5,984,900

Darren Karst

0 0

Dedra Castle

0 0

Frank Vitrano

1,982,900 9,904,790

Marc Strassler

750,000 2,929,480

Enio Montini

0 0

Robert Thompson

0 0

Robert Thompson

500,000 2,072,580

Doug Donley

0 0

Bruce Bodaken

0 0

Kevin Lofton

0 0

Myrtle Potter

0 0

Joseph Anderson

0 0

David Jessick

4,178,296 528,255

Michael Regan

0 0

Marcy Syms

0 0

Matt Schroeder

0 0
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