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...Shares in the drugstore chain jumped nearly 18 per cent in pre-market trading on Wednesday, after the company last night said John Standley will step down as CEO....
...Following a period of growing unrest over the direction of the US pharmacy chain and shareholder revolt over a pay bump for John Standley, Rite Aid in March announced the chief executive would depart, as...
...John Standley, chief executive, was given a package totalling $9.32m for 2018, including a $1.22m base salary, $5.64m in stock awards and $1.83m in non-equity incentive plan compensation....
...The two jobs were previously held by John Standley. Under the new structure, Bruce G. Bodaken will take over as chairman while Mr Standley will remain chief executive....
...Rite Aid’s chief executive John Standley is stepping down after nine years at the helm and two failed merger attempts....
...John Standley, Rite Aid chairman and chief executive, said: “While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our stockholders.”...
...The current Rite Aid chairman and chief executive John Standley will become CEO of the merged entity, with Bob Miller, his counterpart at Albertsons becoming chairman....
...“This powerful combination enables us to become a truly differentiated leader in delivering value, choice, and flexibility to meet customers’ evolving food, health, and wellness needs,” said John Standley...
...Rite Aid chairman and chief executive John Standley said in a statement: “The third quarter was a busy time for our team in preparing for and beginning the transfer of stores and related assets to Walgreens...
...Standley noted....
...Standley....
...Standley said on a call with investors....
...The retailer, whose share price has dropped more than 60 per cent this year, said John Standley, a former chief financial officer who left in 2005, would serve as president and chief operating officer....
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