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David Abelman - Rite Aid Executive Vice President - Marketing

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RAD -- USA Stock  

Earning Report: April 9, 2020  

  President
Mr. David Abelman serves as Executive Vice President Marketing of the Company. He was appointed Executive Vice President of Marketing effective August 3, 2015. Prior to this position, he served as our Senior Vice President of Brand Development Innovation since April 2014. Prior to joining Rite Aid, Mr. Abelman was CEO and cofounder of Self Health Nation. Mr. Abelman also served as Executive Vice President and Chief Marketing Merchandising Officer at AC Moore from May 2009 through December 2011 and Senior Vice President of Marketing for Michael from August 2005 through December 2007. He has also held senior marketing positions at Office Depot, Daymon Associates and the Great Atlantic Pacific Tea Company.
Age: 57  President Since 2015      
717 975-5905  www.riteaid.com

Management Efficiency

The company has Return on Asset of 0.29 % which means that on every $100 spent on asset it made $0.29 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 42.83 % implying that it generated $42.83 on every 100 dollars invested.
The company has 7.12 B in debt with debt to equity (D/E) ratio of 740.8 . This implies that the company may be unable to create cash to meet all of its financial commitments. Rite Aid has Current Ratio of 1.5 which is typical for the industry and considered as normal.

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Company Summary

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in USA and is traded on BATS Exchange. It employs 32190 people.Rite Aid Corporation (RAD) is traded on BATS Exchange in USA and employs 32,190 people.

Rite Aid Leadership Team

Heyward Donigan, President, Chief Executive Officer, DirectorView
Joseph Anderson, Independent DirectorView
Elizabeth Burr, Independent DirectorView
Douglas Donley, Chief Accounting Officer, Senior Vice PresidentView
Jim Peters, Chief Operating OfficerView
Michael Regan, Lead Independent DirectorView
Arun Nayar, Independent DirectorView
Brian Hoover, Chief Accounting OfficerView
David Jessick, Independent DirectorView
Katherine Quinn, Independent DirectorView
Myrtle Potter, DirectorView
Bruce Bodaken, Independent Chairman of the BoardView
Kevin Lofton, Independent DirectorView
Matt Schroeder, Group Vice President Strategy, Investor Relations and TreasurerView
David Abelman, Executive Vice President - MarketingView
Frank Savage, Independent DirectorView
Kermit Crawford, President COOView
Marcy Syms, Independent DirectorView
James Comitale, Senior Vice President General Counsel, SecretaryView
Steve Rempel, Senior Vice President CIOView
Justin Mennen, Senior Vice President, Chief Information OfficerView
Dedra Castle, Chief Human Resource Officer, Executive Vice PresidentView
Erik Keptner, Senior Vice President Chief Marketing OfficerView
Marc Strassler, Corporate CounselView
Kenneth Martindale, Pres and CEO of Rite Aid StoresView
Derek Griffith, Executive Vice President - Store OperationsView
Enio Montini, Executive Vice President - MerchandisingView
Louis Miramontes, Independent DirectorView
Darren Karst, CFO, Chief Admin. Officer and Sr. Executive VPView
Jocelyn Konrad, Executive Vice President - Pharmacy and Retail OperationsView
Matthew Schroeder, Chief Financial Officer, Senior Vice PresidentView
Robert Knowling, Independent DirectorView
Andre Persaud, Executive Vice President - RetailView
Bryan Everett, Executive Vice President - Store OperationsView
Doug Donley, Chief Accounting Officer, Senior Vice PresidentView
John Standley, Chairman, CEO and Chairman of Executive CommitteeView
James Peters, Chief Operating OfficerView

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