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Rite Aid creates new CEO position
Camp Hill, Pa. -- Ken Martindale, one of the key architects behind Rite Aid's recent growth, on Monday was promoted to the new position of CEO Rite Aid stores.
The move is designed to enable Rite Aid chairman and CEO John Standley to focus on expanding the role the drug store plays in healthcare delivery with its EnvisionRx, RediClinic and Health Dialog divisions.
Martindale, 55, will continue to report to Standley and will retain his role as president of Rite Aid.
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Company veteran returns to lead restructured Rockport
Canton, Mass. -- A Rockport veteran is returning to head up the company he left more than 30 years ago.
On Monday, investment firm Berkshire Partners and New Balance Holding completed their acquisition of The Rockport Company from the Adidas Group. As part of the transaction, New Balance affiliate Drydock Footwear will join with Rockport to form The Rockport Group. Bob Infantino was named CEO of the reorganized company.

