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Rite Aid creates new CEO position

8/3/2015

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.



"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."



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 has also announced the following executive management appointments, reporting to Martindale:



• Jocelyn Konrad, currently group VP pharmacy services, has been promoted to EVP 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 senior VP brand development and innovation, will assume the newly created role of EVP marketing. John Learish, senior VP marketing, will continue to manage Rite Aid's retail drug store marketing team and will report to Abelman; and



• Tony Montini, currently executive VP merchandising, will become executive VP merchandising and distribution. Wilson Lester, senior VP supply chain, will continue to manage Rite Aid's distribution network and will report to Montini.



Rite Aid Corporation operates nearly 4,600 stores in 31 states and the District of Columbia. The company had fiscal 2015 annual revenues of $26.5 billion. Information about Rite Aid.


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