People: Rite Aid Corp (RAD.N)
RAD.N on New York Stock Exchange
2.79USD
1 Jul 2013
2.79USD
1 Jul 2013
Price Change (% chg)
$-0.07 (-2.45%)
$-0.07 (-2.45%)
Prev Close
$2.86
$2.86
Open
$2.85
$2.85
Day's High
$2.86
$2.86
Day's Low
$2.74
$2.74
Volume
4,078,209
4,078,209
Avg. Vol
3,631,263
3,631,263
52-wk High
$3.21
$3.21
52-wk Low
$0.95
$0.95
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
John Standley |
50 | 2012 | Chairman of the Board, President, Chief Executive Officer |
Frank Vitrano |
57 | 2008 | Chief Financial Officer, Senior Executive Vice President, Chief Administrative Officer |
Kenneth Martindale |
53 | 2010 | Chief Operating Officer, Senior Executive Vice President |
Marc Strassler |
65 | 2009 | Executive Vice President, General Counsel, Secretary |
Brian Fiala |
52 | 2011 | Executive Vice President - Human Resources |
Enio Montini |
60 | 2011 | Executive Vice President - Merchandising |
Robert Thompson |
59 | 2009 | Executive Vice President - Pharmacy |
Robert Thompson |
55 | 2011 | Executive Vice President - Store Operations |
Doug Donley |
50 | 2005 | Chief Accounting Officer, Senior Vice President |
John Baumer |
45 | 2011 | Director |
Bruce Bodaken |
61 | 2013 | Director |
Joseph Anderson |
70 | 2005 | Independent Director |
Francois Coutu |
58 | 2007 | Independent Director |
David Jessick |
59 | 2009 | Independent Director |
Michael Regan |
65 | 2013 | Independent Director |
Marcy Syms |
62 | 2005 | Independent Director |
Biographies
| Name | Description |
|---|---|
John Standley |
Mr. John T. Standley has been appointed as Chairman of the Board, President and Chief Executive Officer of Rite Aid Corp. He has been appointed as Chairman of the Board of the Company, effective June 21, 2012. Mr. Standley returned to Rite Aid in September 2008 as President and COO after leaving in August 2005 to become the Chief Executive Officer and a Director of Pathmark Stores, Inc. He originally joined Rite Aid in December 1999 as Executive Vice President and Chief Financial Officer, part of a new executive management team that also included Sammons. Prior to Rite Aid, Standley served in key executive positions at various retail and grocery companies including Fleming, Inc.; Fred Meyer, Inc.; Ralph's Grocery and Smith Food & Drug Centers. He has served as a member of the Rite Aid Board of Directors since June 2009. He is also a member of the Executive Committee of the National Association of Chain Drug Stores (NACDS). |
Frank Vitrano |
Mr. Frank G. Vitrano is Senior Executive Vice President, Chief Financial Officer and Chief Administrative Officer of Rite Aid Corporation, since September 2008. 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. |
Kenneth Martindale |
Mr. Kenneth A. Martindale is Chief Operating Officer, Senior Executive Vice President of Rite Aid Corporation, since June 2010. From December 2008 until June 2010, he served as Rite Aid's Senior Executive Vice President, Merchandising, Marketing and Logistics Officer. He was a self-employed private investor from January 2008 to December 2008. 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. |
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. |
Brian Fiala |
Mr. Brian R. Fiala is Executive Vice President - Human Resources of Rite Aid Corporation, since July 2011. From June 2007 to July 2011, Mr. Fiala served as Executive Vice President of Store Operations. He was a self-employed private investor from July 2006 to June 2007. Previously, Mr. Fiala spent 24 years with Target Corporation, where most recently he served as Senior Vice President on the East Coast until July 2006. |
Enio Montini |
Mr. Enio Anthony Montini, Jr., is Executive Vice President - Merchandising of Rite Aid Corp., 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. |
John Baumer |
Mr. John M. Baumer has been appointed as the Director of Rite Aid Corp. Mr. Baumer is a partner of Leonard Green & Partners, L.P., where he has been employed since May 1999. Leonard Green & Partners, L.P. is an affiliate of Green Equity Investors III, L.P. and is a private equity firm based in Los Angeles, California. Prior to joining Leonard Green & Partners, L.P., Mr. Baumer served as a Vice President in the Corporate Finance Division of Donaldson, Lufkin & Jenrette Securities Corporation, or DLJ, in Los Angeles. Prior to joining DLJ in 1995, Mr. Baumer worked at Fidelity Investments and Arthur Andersen LLP. Mr. Baumer currently serves on the board of directors of Leslie's Poolmart, Inc., Prospect Medical Holdings, Inc. and VCA Antech, Inc. Mr. Baumer was elected to the Board of Directors on June 23, 2011 by the holders of the LGP preferred stock, pursuant to the director nomination rights granted to Green Equity Investors III, L.P. under an October 27, 1999 agreement between Rite Aid and Green Equity Investors with respect to the purchase of 3,000,000 shares of Rite Aid preferred stock. |
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, President and Chief Executive Officer of Blue Shield of California, a not-for-profit health plan and an independent member of the Blue Cross Blue Shield Association. 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. |
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, ArvinMeritor, Inc., Valassis Communications, Inc. and NV Energy, Inc. (formerly Sierra Pacific Resources). |
Francois Coutu |
Mr. Francois Jean Coutu is Independent Director of Rite Aid Corporation. Mr. Coutu has served as President and Chief Executive Officer of Jean Coutu Group, a Canadian pharmacy retailing company, since October 2007. Previously, Mr. Coutu held the positions of President of Canadian Operations and Vice Chairman of the Board from 2005 to 2007, President and Chief Executive Officer from 2002 to 2005 and President and Chief Operating Officer of Jean Coutu Group from 1992 to 2002. Mr. Coutu has been a member of the Board of Directors of Jean Coutu Group since December 1985. A pharmacist by profession, he is a former chair of the Canadian Association of Chain Drug Stores, a trade association, and previously served as a member of the Board of Directors of the National Bank of Canada, where he was a member of the Human Resources and Credit Committees. |
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. From January 2012 through February 2013, Mr. Regan, Lead Independent Director, served as Chief Financial Officer of Indiana Downs LLC, a race track and casino complex located in Indiana, guiding the company through a financial restructuring ending in the sale of the core business. 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 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 as Vice President and Controller of Harrah's Entertainment 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. Ms. 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. Ms. Syms is also a founding member of the Board of Directors of the Syms School of Business at Yeshiva University. Currently, Ms. Syms serves as President of the Sy Syms Foundation and Founder and President of the TPD Group LLC, a multi-generational succession planning company. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
John Standley |
7,839,280 |
Frank Vitrano |
4,306,120 |
Kenneth Martindale |
4,236,020 |
Marc Strassler |
1,670,160 |
Brian Fiala |
1,784,040 |
Enio Montini |
-- |
Robert Thompson |
1,408,670 |
Robert Thompson |
-- |
Doug Donley |
539,698 |
John Baumer |
-- |
Bruce Bodaken |
-- |
Joseph Anderson |
-- |
Francois Coutu |
-- |
David Jessick |
1,136,390 |
Michael Regan |
-- |
Marcy Syms |
-- |
As Of 1 Mar 2013
Options Compensation
| Name | Options | Value |
|---|---|---|
John Standley |
2,254,919 | 2,533,075 |
Frank Vitrano |
0 | 0 |
Kenneth Martindale |
0 | 0 |
Marc Strassler |
0 | 0 |
Brian Fiala |
0 | 0 |
Enio Montini |
0 | 0 |
Robert Thompson |
0 | 0 |
Robert Thompson |
0 | 0 |
Doug Donley |
0 | 0 |
John Baumer |
0 | 0 |
Bruce Bodaken |
0 | 0 |
Joseph Anderson |
0 | 0 |
Francois Coutu |
0 | 0 |
David Jessick |
4,178,296 | 528,255 |
Michael Regan |
0 | 0 |
Marcy Syms |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
THOMPSON ROBERT IVAN |
8,788 | $2.81 |
MARTINDALE KENNETH A |
35,670 | $2.81 |
THOMPSON ROBERT K |
8,839 | $2.81 |
MONTINI ENIO ANTHONY JR |
8,044 | $2.81 |
STRASSLER MARC A |
10,245 | $2.81 |
DONLEY DOUGLAS E |
6,197 | $2.81 |
VITRANO FRANK G |
35,324 | $2.81 |
STANDLEY JOHN T |
66,661 | $2.81 |
MONTINI ENIO ANTHONY JR |
37,500 | $0.00 |
STRASSLER MARC A |
40,100 | $0.00 |
THOMPSON ROBERT IVAN |
40,800 | $0.00 |
STANDLEY JOHN T |
293,500 | $0.00 |
THOMPSON ROBERT K |
41,900 | $0.00 |
MARTINDALE KENNETH A |
143,800 | $0.00 |
VITRANO FRANK G |
144,000 | $0.00 |
DONLEY DOUGLAS E |
22,400 | $0.00 |
MONTINI ENIO ANTHONY JR |
5,028 | $2.86 |
DONLEY DOUGLAS E |
5,068 | $2.86 |
MARTINDALE KENNETH A |
29,910 | $2.86 |
THOMPSON ROBERT IVAN |
9,057 | $2.86 |
STANDLEY JOHN T |
72,883 | $2.86 |
VITRANO FRANK G |
29,621 | $2.86 |
THOMPSON ROBERT K |
6,571 | $2.86 |
STRASSLER MARC A |
10,615 | $2.86 |
ANDERSON JOSEPH B JR |
31,250 | $0.00 |
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