Kenneth Martindale - Rite Aid Insider

RAD -- USA Stock  

USD 1.33  0.15  12.71%

  CEO
Mr. Kenneth A. Martindale is President Rite Aid Corporationrationration, Chief Executive Officer Rite Aid stores of the Company. He was appointed CEO of Rite Aid Stores effective August 3, 2015. Mr. Martindale continues to serve as President, the title he has held since June 2013. He has previously served as Rite Aid Chief Operating Officer since June 2010. From December 2008 until June 2010, he served as Rite Aid Senior Executive Vice President and Chief Merchandising, Marketing and Logistics Officer. Mr. Martindale served as CoPresident, Chief Merchandising and Marketing Officer for Pathmark Stores, Inc. from January 2006 until its acquisition by the Great Atlantic Pacific Tea Company in December 2007. In January 2000, Mr. Martindale joined the Board of Directors of Intesource, Inc. became Chairman of the Board in March 2004 and served as President, Chief Executive Officer and Chairman of the Board from November 2004 until January 2006. From September 1999 until November 2004, Mr. Martindale was Principal of Martindale Development Group, L.L.C. From September 1999 until July 2003, Mr. Martindale was Managing DirectorCEO of Orchard Street, Inc., a privately held specialty food retailer which he founded and owned. Mr. Martindale was Executive Vice President of Sales and Procurement with Fred Meyer, Inc. from January 1998 until September 1999 and was Senior Vice President of Sales and Procurement with Smith Food Drug Centers, Inc. from June 1996 until January 1998. Mr. Martindale currently serves on the Board of Directors of the National Association of Chain Drug Stores.
Age: 56  CEO Since 2015      
717-761-2633  http://www.riteaid.com

Kenneth Martindale Latest Insider Activity

Management Efficiency

The company has Return on Asset of 0.91 % which means that on every $100 spent on asset it made $0.91 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (29.94) % meaning that it generated no profit with money invested by stockholders.
The company has 3.18 B in debt with debt to equity (D/E) ratio of 175.6 . This implies that the company may be unable to create cash to meet all of its financial commitments. Rite Aid Corporation has Current Ratio of 1.46 which is typical for the industry and considered as normal.

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Entity 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 traded on New York Stock Exchange. It employs 36020 people.Rite Aid Corporation (RAD) is traded on New York Stock Exchange in USA. It is located in 30 Hunter Lane and employs 36,020 people.

Rite Aid Leadership Team

Marcy Syms, Independent Director
Joseph Anderson, Independent Director
James Comitale, Senior Vice President General Counsel, Secretary
Douglas Donley, Chief Accounting Officer, Senior Vice President
Steve Rempel, Senior Vice President CIO
Michael Regan, Independent Director
Dedra Castle, Chief Human Resource Officer, Executive Vice President
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
Darren Karst, CFO, Chief Admin. Officer and Sr. Executive VP
Jocelyn Konrad, Executive Vice President - Pharmacy
David Jessick, Independent Director
Bryan Everett, Executive Vice President - Store Operations
Myrtle Potter, Director
Doug Donley, Chief Accounting Officer, Senior Vice President
Bruce Bodaken, Director
Kevin Lofton, Director
Matt Schroeder, Group Vice President Strategy, Investor Relations and Treasurer
John Standley, Chairman, CEO and Chairman of Executive Committee
David Abelman, Executive Vice President - Marketing
Frank Savage, Independent Director
Kermit Crawford, President COO

Stock Performance Indicators

Current Sentiment - RAD

Rite Aid Investor Sentiment

Predominant part of Macroaxis users are at this time bullish on Rite Aid Corporation. What is your perspective on investing in Rite Aid Corporation? Are you bullish or bearish?
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