Camp Hill, Pa. -- Rite Aid Corp. has promoted Ken Martindale, currently senior executive VP and COO, to president and COO. Rite Aid chairman, president and CEO John Standley will continue in those roles.
The promotion of Martindale, 53, is effective immediately.
“Since becoming our chief operating officer in 2010, Ken has continued to play a significant role in helping the company improve its overall performance and return to profitability,” said Standley. Ken’s appointment as president and chief operating officer is an opportunity for Rite Aid to further leverage his exceptional leadership skills, broad operating experience and strategic capabilities as we continue to focus on successfully growing our business.”
Martindale is a retail veteran with more than 35 years of diverse operations, marketing and merchandising experience. Before joining Rite Aid as senior executive VP of merchandising, marketing and logistics in December 2008, he served as co-president, chief merchandising and marketing officer for Pathmark Stores.