Pathmark Executives Join Rite Aid
John T. Standley has returned to Rite Aid Corp. as president and chief operating officer, following his tenure as chief executive officer and board member of Pathmark Stores from 2005 to 2007, where he led a turnaround effort and the sale of the chain to A&P last year. Rite Aid has also appointed Pathmark veteran Frank G. Vitrano to the combined role of chief financial officer and chief
October 13, 2008
CAMP HILL, Pa. — John T. Standley has returned to Rite Aid Corp. as president and chief operating officer, following his tenure as chief executive officer and board member of Pathmark Stores from 2005 to 2007, where he led a turnaround effort and the sale of the chain to A&P last year. Rite Aid has also appointed Pathmark veteran Frank G. Vitrano to the combined role of chief financial officer and chief administrative officer. Vitrano most recently served as president, CFO and treasurer of Pathmark from 2002 through 2007. Both men report directly to Mary Sammons, Rite Aid's chairman and CEO. Standley, 45, spent six years at Rite Aid between 1999 and 2005, serving most recently as senior executive vice president, CFO and CAO. He has served for the past several months in an advisory capacity to the company and assumes the role of president from Sammons. As COO, he succeeds Robert J. Easley, who is leaving the company to pursue other interests. Vitrano, 53, had a 35-year career at Pathmark, where he was president, CFO and treasurer from 2002 to 2007. He was instrumental in driving the company's rebound and sale to A&P during 2005 to 2007, reporting to Standley. The outgoing CFO, Kevin Twomey, and the outgoing CAO, Pierre Legault, are both leaving Rite Aid to pursue other opportunities.
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