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RITE AID's Overview

Total employees30717
HeadquartersPhiladelphia
Founded1968

Rite Aid Corporation is a prominent American drugstore chain providing health services and retail products. Founded in 1962, Rite Aid operates numerous pharmacies across the United States, offering prescription fulfillment, immunizations, health screenings, and a wide range of wellness, beauty, and convenience products. The company is committed to improving the health and wellness of its communities. Rite Aid filed for Chapter 11 bankruptcy in October 2023 and is currently undergoing a significant restructuring process aimed at strengthening its financial position, optimizing its store footprint, and positioning the company for long-term success.

Where is RITE AID's Headquarters?

HQ Function

Serves as the central hub for Rite Aid's corporate operations, strategic planning, executive leadership, and administrative functions supporting its retail pharmacy network.

Notable Features:

Located in the redeveloped Philadelphia Navy Yard, a dynamic urban campus known for its modern architecture, sustainable design, and business innovation. The 'Inspire' building, where Rite Aid is located, offers contemporary office spaces and amenities.

Work Culture:

The headquarters fosters a work environment focused on transformation, collaboration, and adaptability as the company navigates its restructuring. There is an emphasis on driving efficiency and innovation to support Rite Aid's mission in a competitive retail and healthcare landscape.

HQ Significance:

The relocation to Philadelphia's Navy Yard symbolizes a new phase for Rite Aid, aiming to leverage the city's talent pool and business ecosystem to support its revitalization and future growth strategies.

Values Reflected in HQ: The choice of a modern, collaborative space in a redeveloped urban center may reflect Rite Aid's aspirations for renewal, innovation, efficiency, and a forward-looking approach as it restructures.

Location:

Rite Aid's operations are primarily concentrated within the United States. The company focuses on serving communities across various states with its network of retail pharmacies and health services. It does not maintain a significant international retail or corporate office presence.

Street Address:

1200 Intrepid Avenue, Suite 500

City:

Philadelphia

State/Province:

Pennsylvania

Country:

USA

RITE AID's Global Presence

Camp Hill, Pennsylvania, USA

Address: 30 Hunter Lane, Camp Hill, PA 17011

Supports East Coast operations and various centralized corporate services, including shared services and back-office functions critical to the retail network.

Buying Intent Signals for RITE AID

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of RITE AID

As of April 2025, RITE AID' leadership includes:

Jeffrey S. Stein - Chief Executive Officer and Chief Restructuring Officer
Bo Wandell - Interim Chief Financial Officer and Treasurer
Thomas Sabatino - Executive Vice President, Chief Legal Officer
Pamela Kohn - Executive Vice President, Chief Merchandising Officer
William (Bill) Miller - Senior Vice President, Chief Accounting Officer and Controller

Investors of RITE AID

RITE AID has been backed by several prominent investors over the years, including:

Rite Aid filed for Chapter 11 bankruptcy in October 2023. Its ownership and capital structure are currently subject to the bankruptcy proceedings and an approved reorganization plan.
Key stakeholders in its restructuring include a group of its secured lenders and noteholders who provided Debtor-in-Possession (DIP) financing and are central to the company's emergence plan.
MedImpact Healthcare Systems, Inc. became a significant party through its acquisition of Rite Aid's Elixir Solutions PBM business in April 2024.

Executive New Hires/Exits in the Last 12 Months

Hire5
Exits4

Rite Aid has undergone substantial executive team changes in the past 12 months, coinciding with its Chapter 11 bankruptcy filing and ongoing restructuring efforts. These include key appointments for CEO/CRO, Interim CFO, CLO, and CMO, along with several high-profile departures.

Departures

Heyward Donigan, Heyward Donigan stepped down as President and CEO.
Matthew Schroeder, Matthew Schroeder departed as EVP and CFO.
Andre Persaud, Andre Persaud departed as EVP and Chief Retail Officer.
Karen Staniforth, Karen Staniforth departed as Chief Pharmacy Officer.

New Appointments:

Jeffrey S. Stein, Jeffrey S. Stein appointed CEO and CRO to lead restructuring.
Bo Wandell, Bo Wandell appointed Interim CFO.
Pamela Kohn, Pamela Kohn appointed EVP, Chief Merchandising Officer.
William (Bill) Miller, Bill Miller appointed SVP, Chief Accounting Officer.
Thomas Sabatino, Thomas Sabatino appointed EVP, Chief Legal Officer.

Technology (Tech Stack) used by RITE AID

Discover the tools RITE AID uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

RITE AID Email Formats and Examples

Rite Aid typically uses standardized email formats for its corporate employees. The most common format observed is the first initial followed by the last name. Another pattern sometimes used is the full first name separated by a period from the last name.

Common formats include [first_initial][last_name]@riteaid.com (e.g., jdoe@riteaid.com) and [first_name].[last_name]@riteaid.com (e.g., jane.doe@riteaid.com).

Format

jdoe@riteaid.com

Example

85%

Success rate

News and media

ReutersMay 17, 2024

Rite Aid Secures Court Approval for Bankruptcy Plan Disclosure Statement

Rite Aid has received court approval for its bankruptcy disclosure statement, a significant step allowing the company to solicit creditor votes on its Chapter 11 restructuring plan. The plan aims to reduce debt and facilitate the company's emergence from bankruptcy....more

Rite Aid Press ReleaseApril 1, 2024

Rite Aid Completes Sale of Elixir Solutions to MedImpact

Rite Aid announced the successful completion of the sale of its Elixir Solutions business to MedImpact Healthcare Systems, Inc. This divestiture is a crucial component of Rite Aid's ongoing restructuring efforts under Chapter 11, providing significant proceeds to reduce debt....more

Various News Outlets (e.g., Supermarket News, Local affiliates)April 24, 2024

Rite Aid Announces Further Store Closures as Part of Restructuring

As part of its court-supervised restructuring, Rite Aid identified an additional 53 stores for closure to further optimize its retail footprint and improve financial performance. These closures are part of the ongoing efforts to emerge from Chapter 11 as a stronger company....more

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