Matt Schroeder - Rite Aid President

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RAD -- USA Stock  

Fiscal Quarter End: 31st of May 2020  

  President
Mr. Matt Schroeder is Senior Vice President, Chief Accounting Officer, Treasurer of the Company. Schroeder joined Rite Aid in 2000 as vice president of financial accounting and was promoted to his current role in 2010. Prior to joining the company, Schroeder worked for Arthur Andersen, LLP, where he held several positions of increasing responsibility, including audit senior and audit manager. He earned his bachelor degree in accounting from Indiana University of Pennsylvania. He also currently serves as treasurer of The Rite Aid Foundation.
Age: 47  President Since 2017      
717 975-5905  www.riteaid.com

Matt Schroeder Latest Insider Activity

Matt Schroeder over six months ago via Macroaxis 
Rite Aid exotic insider transaction detected

Rite Aid Management Efficiency

Rite Aid has Return on Asset of (5.0E-4) % which means that on every $100 spent on asset it lost $5.0E-4. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (0.4987) % meaning that it generated no profit with money invested by stockholders. Rite Aid management efficiency ratios could be used to measure of how well the company is managing its routine affairs as well as how well it utilizes its assets and manages liabilities. Rite Aid Return on Invested Capital is expected to slightly increase based on the last few years of reporting. The last year's Return on Invested Capital was at 0.07. The current year Return on Sales is expected to grow to 0.030103, whereas Return on Average Assets are expected to decline to (5.45) . Rite Aid Current Assets are expected to significantly decrease based on the last few years of reporting. The last year's Current Assets were at 3.7 Billion. The current year Goodwill and Intangible Assets is expected to grow to about 665.6 M, whereas Tax Assets are expected to decline to about 1.4 B. Rite Aid Current Liabilities is expected to significantly increase based on the last few years of reporting. The last year's Current Liabilities was at 2.77 Billion. The current year Tax Liabilities is expected to grow to about 73.7 M, whereas Liabilities Non Current is expected to decline to about 5.5 B.
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 1962 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in USA and is traded on BATS Exchange. It employs 29840 people.Rite Aid (RAD) is traded on BATS Exchange in USA and employs 29,840 people.

Rite Aid Leadership Team

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

Stock Performance Indicators

Current Sentiment - RAD

Rite Aid Investor Sentiment

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