Rite Aid Taps Healthcare Executive As New CEO To Replace Standley

Rite Aid named a new chief executive officer to replace the embattled John Standley who was blamed for two failed mergers and a battered share price of the U.S. drugstore chain.

Heyward Donigan, a longtime healthcare executive, will replace Standley as Rite Aid CEO “effective immediately” and also join the drugstore chain’s board of directors….

Source : https://www.forbes.com/sites/brucejapsen/2019/08/12/rite-aid-taps-new-ceo-to-replace-standley/#70495e944b3e

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