Rite Aid Appoints Jim Peters As Chief Operating Officer
03 Oktober 2019 - 2:30PM
Business Wire
Rite Aid (NYSE: RAD) announced today the appointment of Jim
Peters as the company’s chief operating officer. Peters will lead
all aspects of Rite Aid’s pharmacy and clinical strategy
development and execution; health plan, health system and strategic
corporate relationships; marketing and merchandising; corporate
development, strategy and communications.
“Jim is a seasoned healthcare executive with health innovation,
corporate development, strategy and healthcare provider-payor
operating experience,” said Heyward Donigan, chief executive
officer, Rite Aid. “As our industry continues to evolve and Rite
Aid charts our go-forward strategy, Jim’s strong track record of
leadership and acting as a change agent to rejuvenate brand
perception is exactly what Rite Aid needs to propel our business
forward.”
“I’m excited to join Rite Aid at such an inflection point in the
health and wellness industry,” said Peters. “The Rite Aid brand is
strong and its potential even stronger. I look forward to working
with industry leaders – both at Rite Aid and in the marketplace –
as we define and execute our strategy and achieve our goals, while
keeping the health and wellness of our customers top-of-mind.”
In connection with this announcement, Bryan Everett is stepping
down from his role as Rite Aid’s chief operating officer to pursue
other career opportunities. Donigan continued, “On behalf of Rite
Aid I want to thank Bryan for his numerous contributions during his
tenure. His leadership during the challenging times faced by Rite
Aid and the industry was invaluable. Bryan’s commitment to
facilitating a smooth transition is appreciated. We will miss him
and his dedication to Rite Aid and our associates. We wish him the
best in his future endeavors.”
“I’d like to thank our entire team, for their dedication and
support in helping Rite Aid customers achieve the best health
outcomes possible, said Everett. “I believe Rite Aid is well
positioned in the industry and have full confidence in the
company’s leadership team.”
Jim Peters Biography
Jim Peters is a recognized leader with 25 years’ of broad
healthcare and industry experience. Most recently, Peters served as
chief executive officer of Skyward Health, a strategic healthcare
advisory firm. Prior to Skyward, Peters was a 12-year senior
executive at Geisinger Health System, helping establish Geisinger’s
national reputation for healthcare innovation. At Geisinger, Peters
held roles including chief executive officer of Geisinger Medical
Management Corporation, managing partner of Geisinger Ventures and
senior vice president, chief strategic partnerships officer. Prior
to Geisinger, Peters served as principal at Updata Capital, a
venture capital firm focused on software, data analytics and health
IT.
Peters is a member of the American College of Corporate
Directors and, until its recent acquisition, an independent
director of NxStage Medical, Inc. (NASDAQ: NXTM). He is also an
independent director of Special Olympics PA. Peters serves as an
adjunct lecturer at Lehigh University and has been a guest lecturer
for the Wharton School at the University of Pennsylvania. Peters
holds an MBA in finance from the Wharton School at the University
of Pennsylvania. He graduated with a Bachelor of Arts in
architecture from Lehigh University.
Rite Aid Executive Leadership Team
The addition of Jim Peters rounds out Rite Aid’s leadership team
which is comprised of, Heyward Donigan, chief executive officer;
Jim Peters, chief operating officer; Matt Schroeder, chief
financial officer; Jim Comitale, general counsel and secretary;
Jessica Kazmaier, chief human resources officer; Jocelyn Konrad,
chief pharmacy officer; Justin Mennen, chief information officer
and Ben Bulkley, chief executive officer, EnvisionRxOptions.
About Rite Aid Corporation
Rite Aid Corporation, which generated fiscal 2019 annual revenue
of $21.6 billion, is one of the nation's leading drugstore chains
with 2,464 stores in 18 states and pharmacy benefit management
(PBM) capabilities through EnvisionRxOptions and its affiliates. At
Rite Aid we have a personal interest in our customers’ health and
wellness and deliver the products and services they need to lead
healthier lives. Information about Rite Aid, including corporate
background and press releases, is available through the company's
website at www.riteaid.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191003005453/en/
MEDIA: Rite Aid Chris Savarese 717-975-5718
Christopher.Savarese@riteaid.com
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