Rite Aid Announces Leadership Transition and Organizational Restructuring – Associated Press
CAMP HILL, Pa.–(BUSINESS WIRE)–Mar 12, 2019–Rite Aid Corporation (NYSE: RAD) announced today a leadership transition plan and an organizational restructuring to better align its structure with the Companys operations and to reduce costs. As part of the leadership transition, John Standley will step down as chief executive officer. The Board will promptly commence a search…