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Steve Rempel - Rite Aid Senior Vice President CIO

<div class='circular--portrait' style='background:#FCD202;color: white;font-size:3em;padding-top: 40px;;'>RIT</div>
RAD -- USA Stock  

Fiscal Quarter End: February 29, 2020  

  President
Mr. Steve Rempel is Senior Vice President Chief Information Officer of Rite Aid Corporationrationration. Before joining Rite Aid Rempel served as chief information officer president and CEO for Lenexa Kan. based Balance Innovations the leading provider of reconciliation and cash management solutions for the retail industry. During his tenure at Balance Innovations he had oversight for the company technology strategy and provided strategic financial and operational direction. Rempel began his career at Safeway Inc. one of the nation largest food and drug retailers. During his 35 years at Safeway Rempel held a variety of information technology positions with increasing responsibility. Serving as the organization group vice president of Application Development he had enterprisewide responsibility for all elements of the information technology applications process including design development procurement development and support. Rempel earned a bachelor degree in business administration from the University of the Fraser Valley in British Columbia and will receive his M.B.A. from Auburn University this spring.
  President Since 2015  MBA    
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

Stock Performance Indicators

Current Sentiment - RAD

Rite Aid Investor Sentiment

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