December 18, 2018 by Chain Drug Review
Darren Karst, Justin Mennen, Rite Aid Corp., technology and information
Featured Articles, Leading Headlines, Retail News, Technology
CAMP HILL, Pa. — Rite Aid Corp. announced today that Justin Mennen, a seasoned technology and digital leader with more than 20 years of technology leadership experience, has been named Rite Aid’s senior vice president and chief information officer. In this position, Mennen will be responsible for all aspects of the company’s technology and information
January 9, 2018 by Chain Drug Review
Darren Karst, John Standley, Kermit Crawford, new Rite Aid, Rite Aid
Business, Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. — There’s a “new Rite Aid” taking shape that executives say will emerge as a smaller but stronger company. Rite Aid Corp. president and chief operating officer Kermit Crawford said he’s confident the company “will succeed in building the new Rite Aid” following its $4.375 billion asset sale to Walgreens Boots Alliance
November 2, 2017 by Chain Drug Review
Brian Hoover, Darren Karst, Doug Donley, Matt Schroeder, Rite Aid
2017, Business, Issue 11-20-2017, Issues, Leading Headlines, News, Retail News
CAMP HILL, Pa. — Matt Schroeder has been promoted to senior vice president, chief accounting officer and treasurer at Rite Aid Corp. Rite Aid said Thursday that Schroeder, previously group vice president of strategy, investor relations and treasurer, takes over chief accounting officer duties from Doug Donley, who is retiring after more than 20 years
November 9, 2015 by John Schultz and Chain Drug Review
Darren Karst, Frank Vitrano, Jim Comitale, John Standley, Marc Strassler, Rite Aid
2015, Issue 11-09-2015, Issues, News
CAMP HILL, Pa. — Darren Karst has been promoted to the combined role of senior executive vice president, chief financial officer and chief administrative officer at Rite Aid Corp. Karst, who joined Rite Aid in August 2014 as the company’s executive vice president and chief financial officer, is assuming the chief administrative officer responsibilities currently
October 29, 2015 by Chain Drug Review
Darren Karst, Frank Vitrano, Jim Comitale, Marc Strassler, Rite Aid
Business, Retail News
CAMP HILL, Pa. — Rite Aid Corp. chief financial officer Darren Karst has been promoted to senior executive vice president and added the title of chief administrative officer. Rite Aid said late Wednesday that the appointment is effective immediately. Karst previously was executive vice president and CFO. Karst takes over the chief administrative officer post
September 28, 2015 by Chain Drug Review
Darren Karst, EnvisionRx, Frank Sheehy, Health Dialog, John Standley, RediClinic, Rite Aid, wellness+ with Plenti
2015, Issue 09-28-2015, Issues, News
CAMP HILL, Pa. — A new chapter opened for Rite Aid Corp. in its fiscal 2016 second quarter, as the company began reporting financial results under a new structure that incorporates recently acquired pharmacy benefit manager (PBM) EnvisionRx. Going forward, Rite Aid will report results in two business segments: retail pharmacy (including Rite Aid drug
September 28, 2015 by Chain Drug Review
Darren Karst, EnvisionRx, Rite Aid
2015, Issue 09-28-2015, Issues, News
CAMP HILL, Pa. — Rite Aid Corp. trimmed its full-year earnings guidance to reflect pharmacy margin pressure and lower expectations for same-store sales. The company also pruned its revenue forecast. “Our guidance reflects our expectations for continued reimbursement rate pressure and the benefits from the McKesson purchasing agreement, as well as the anticipated benefits of