Business report

Rite Aid Corporation realigns its management team

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Philadelphia-based Rite Aid Corp. recently announced that it is realigning its management team and streamlining its operations.

“The changes we announced today are part of our ongoing efforts to reduce costs and eliminate diapers,” said Heyward Donigan, President and CEO of Rite Aid.

The Chief Operating Officer position has been eliminated. Chief Operating Officer Jim Peters left the company, as did Executive Vice President and Chief Pharmacy Officer Jocelyn Konrad.

Donigan wished Peters and Konrad well and thanked them for their contributions.

Senior Vice President of Pharmacy Clinical Services, Karen Staniforth, will now also carry the title of Chief Pharmacy Officer. The Pharmacy Manager position will focus on centralized pharmacy operations. Staniforth will assume these duties in addition to his current responsibilities.

Executive Vice President and Chief Retail Officer, André Persaud, will support field operations for the pharmacy and oversee front-end operations.

Executive Vice President and CIO Justin Mennen’s new title is Chief Digital and Technology Officer. His responsibilities will now include directing all digital and e-commerce.

Rite Aid has more than 2,450 retail pharmacies in 17 states. It provides pharmaceutical benefits and services to millions of members across the country through Elixir.