Griffith had been serving as senior vice president of operations in the retailer’s Northeast and Midwest regions.
In his new position, Griffith will have oversight for all aspects of the company’s drug stores in more than 30 states and the District of Columbia. Those stores in fiscal 2017 generated nearly $33 billion in revenue.
“Derek is a seasoned retail operator with demonstrated expertise in developing and implementing operational initiatives to drive and increase financial performance,” said Bryan Everett, Rite Aid’s chief operating officer. “Since joining Rite Aid nearly 10 years ago, he has made significant contributions to the company and our associates. As we move forward, his leadership and knowledge will help us successfully execute our operational plan and grow our business while further enhancing both the associate and customer experience in our stores.”
Griffith will report to Everett, who in September was promoted to his newly created position when Ken Martindale left after nearly nine years with the company to become chief executive officer at GNC Holdings Inc. Griffith has more than three decades of experience in store operations.