Rite Aid created a new position—CEO of Rite Aid stores—and named Ken Martindale (right), Rite Aid president and COO, to fill the role. The drugstore chain also announced three internal, executive promotions.
Martindale assumes the new role immediately and will continue filling the position of president for Rite Aid Corporation, reporting to Rite Aid Chairman and CEO John Standley. He is also the president of the Rite Aid Foundation.
"In addition to my ongoing responsibilities and duties as chairman and CEO of Rite Aid, Ken's promotion will allow me to also focus on working closely with our new healthcare-focused management teams at EnvisionRx, RediClinic and Health Dialog to further accelerate our growth…," Standley said. "Ken is a proven leader who, since joining our company in 2008, has played an instrumental role in driving Rite Aid's improved business performance."
Martindale joined Rite Aid first as senior exec-VP of merchandising, marketing and logistics in 2008 and was promoted to senior exec-VP and COO in 2010. In June 2013, he moved up to president and COO.
Prior to Rite Aid, Martindale was co-president, chief merchandising and marketing officer for Pathmark Stores. He currently serves on the board of directors of the National Association of Chain Drug Stores (NACDS).
Jocelyn Konrad, formerly group VP of pharmacy services, was promoted to exec-VP of pharmacy, succeeding Robert Thompson, who is retiring in mid-September after 11 years at Rite Aid and 38 years in the pharmacy industry.
David Abelman will move from senior VP of brand development and innovation to a newly created position: exec-VP of marketing. The current senior VP of marketing, John Learish, will continue to manage the marketing team and report to Abelman.
Lastly, Tony Montini's position, exec-VP of merchandising, will now add distribution, making Montini exec-VP of merchandising and distribution. Wilson Lester, senior VP of supply chain, will continue to manage the distribution network and will report to Montini. Press Release