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Rite Aid

COMPANY

Founded by Alex Grass in 1958, Rite-Aid is the third-largest drugstore chain in America, with 3400 stores. In May 2004 his son, former CEO Martin L. Grass was sentenced to eight years prison for conspiracy to inflate the company's stock value.

Official Website:
http://www.riteaid.com/

Industry:
Retail

Ticker:
NYSE:RAD

Corporate headquarters:
Camp Hill, PA

Sales:
$16.6B (2003)

Employees:
72,500 (2003)

EXECUTIVES

NameOccupationBirthDeathKnown for
Alex Grass
Business
3-Aug-1927 27-Aug-2009 Founder of Rite Aid
Lew Lehrman
Business
15-Aug-1938   Rite Aid drugstore founder
Robert G. Miller
Business
c. 1945   CEO of Albertson's
Mary F. Sammons
Business
12-Oct-1946   CEO of Rite Aid
John T. Standley
Business
c. 1964   CEO of Pathmark Stores

CURRENT BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Joseph B. Anderson, Jr.
Business
c. 1943   TAG Holdings LLC
André Belzile
Business
c. 1962   Jean Coutu Group
François J. Coutu
Business
c. 1955   President, Jean Coutu Canada
Michel Coutu
Business
c. 1954   CEO, Jean Coutu Group USA
Michael A. Friedman
Doctor
c. 1944   Oncologist, City of Hope
George G. Golleher
Business
c. 1948   CEO of Smart & Final
Robert A. Mariano
Business
c. 1951   Roundy's Supermarkets
Robert G. Miller
Business
c. 1945   CEO of Albertson's
Michael N. Regan
Business
c. 1948   CFO of St. Joe Company, 2006-07
Mary F. Sammons
Business
12-Oct-1946   CEO of Rite Aid
Philip G. Satre
Business
c. 1949   CEO of Harrah's Entertainment, 1993-2003
Jonathan D. Sokoloff
Business
c. 1962   Leonard Green & Partners
Marcy Syms
Business
c. 1951   Syms Corporation
Dennis Wood
Business
c. 1939   C-MAC Industries

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
John G. Danhakl
Business
c. 1956   Leonard Green & Partners
Alex Grass
Business
3-Aug-1927 27-Aug-2009 Founder of Rite Aid
Stuart M. Sloan
Business
c. 1944   CEO of Quality Food Centers, 1991-96
Bob Tisch
Business
29-Apr-1926 15-Nov-2005 CEO of Loews, Owner NY Giants


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