Bruce Bodaken assumes role of chairman.
CAMP HILL, Pa. — Rite Aid Corp. announced the preliminary results of stockholder voting that took place during the Company’s 2018 Annual Meeting of Stockholders earlier today. As previously announced, Bruce Bodaken was appointed chairman effective as of the meeting. Bodaken assumes this role from John Standley who will remain chief executive officer and a member of the board.
Based on preliminary results from the meeting:
• Stockholders voted in favor of all of the company’s nominees to the board of directors: Joseph Anderson, Jr., Bruce Bodaken, Robert Knowling, Jr., Kevin Lofton, Louis Miramontes, Arun Nayar, Michael Regan, John Standley, and Marcy Syms, each for terms until Rite Aid’s 2019 Annual Meeting of Stockholders.
• Stockholders ratified the appointment of Deloitte & Touche as Rite Aid’s independent registered public accounting firm.
• Stockholders voted for the stockholder proposals to require an independent board chairman, a report on sustainability, and a report on governance measures related to opioids and against the non-binding advisory resolution on executive compensation.
Final voting tallies from this year’s annual meeting are subject to certification by Rite Aid’s inspector of elections, and will be included in the company’s report to be filed on Form 8-K with the Securities and Exchange Commission in due course.