More executive moves at Rite Aid
As Rite Aid Corp. prepares to shed nearly 2,000 stores, it continues to make changes to its retail leadership team.
The pharmacy chain recently promoted four executives and announced the retirement of two others.
Bill Renz, Rite Aid’s group vice president of consumables and photo, has been named senior vice president of category management. He joined Rite Aid in 1998 as director of general merchandise and photo and became vice president of general merchandise in 2000 before taking on his current role in 2014.
Ted Williams, Rite Aid’s current vice president of general merchandise and seasonal, has been named group vice president of consumables, general merchandise and seasonal.
Bryan Shirtliff, who currently leads the company’s merchandising efforts, has been named group vice president of health and beauty.
Nate Newcomer, Rite Aid’s current vice president of category management support and front-end analysis, has been named group vice president of category management administration, financial analysis and replenishment. Williams, Shirtliff and Newcomer will report to Renz.
"These changes position Rite Aid for the future and support our efforts to deliver an outstanding experience in our stores,” said Bryan Everett, COO of Rite Aid stores.
Based in East Pennsboro Township, Cumberland County, Rite Aid currently operates more than 4,500 stores. But it is in the process of selling nearly 2,000 stores to Walgreens following a failed bid to merge the two pharmacy chains.
Leaving the company are Tony Montini, current executive vice president of merchandising and distribution, and Bill Bergin, current group vice president of health and beauty.
Montini has been in his current role since 2011, having returned to the company in 2010 as senior vice president of category management. He also served as senior vice president of category management from 2002 through 2003 and as vice president of purchasing from 1987 through 1989.
Bergin joined Rite Aid in 1999 and was named to his current role in 2009.
"Tony has built a strong culture of speed, innovation and collaboration across his team that has driven positive results," Everett said. "Bill has also played a key role in the success of our company, both through his strong leadership and successful merchandising innovations that make many of our key health and beauty categories much easier to shop."
Other recent leadership changes include the appointments of a new leader for Rite Aid's stores in the western U.S. and a new chief accountant.