Rite Aid Corp.’s president and COO, Ken Martindale, has been promoted to the newly created position of CEO of Rite Aid stores. Martindale, 55, will continue to report to John Standley, Rite Aid Corp.’s chairman and CEO, and will retain his role as president of Rite Aid Corp.
“Ken is a proven leader who, since joining our company in 2008, has played an instrumental role in driving Rite Aid’s improved business performance,” Standley said. “We look forward to further leveraging Ken’s strong leadership skills and broad understanding of Rite Aid’s business to help us continue our momentum and successfully grow our business.
“In addition to my ongoing responsibilities and duties as chairman and CEO of Rite Aid, Ken’s promotion will allow me to also focus on working closely with our new healthcare-focused management teams at EnvisionRx, RediClinic and Health Dialog to further accelerate our growth by implementing initiatives that deliver value to our customers and help us provide greater access to convenient, affordable and high-quality healthcare.”
Frank Sheehy, the CEO of EnvisionRx, and Web Golinkin, the CEO of RediClinic and Health Dialog, will report to Standley.
In order to help Rite Aid further drive growth and efficiencies, the company says it also has made the following executive management appointments, reporting to Martindale:
• Jocelyn Konrad, currently group VP of pharmacy services, has been promoted to EVP of pharmacy, succeeding Robert Thompson, who has announced his retirement, effective Sept. 18, after a 38-year career in pharmacy, including 11 years with Rite Aid serving in a variety of senior management positions.
• David Abelman, currently SVP of brand development and innovation, will assume the newly created role of EVP of marketing. John Learish, SVP of marketing, will continue to manage Rite Aid’s retail drug store marketing team and will report to Abelman.
• Tony Montini, currently EVP of merchandising, will become EVP of merchandising and distribution. Wilson Lester, SVP of supply chain, will continue to manage Rite Aid’s distribution network and will report to Montini.
Rite Aid Corp. operates nearly 4,600 stores in 31 states and the District of Columbia.
