Rite Aid Names Donald to Board
Following the resignation of Robert A. Mariano from Rite Aid Corp.'s 14-member board of directors, Jim Donald has been appointed to the vacancy. Donald, 54, joined Starbucks in 2002 as president, North America, and managed business development and operations for that territory until 2005, when he was promoted to president and chief executive officer of the company. He was replaced in
May 19, 2008
CAMP HILL, Pa. — Following the resignation of Robert A. Mariano from Rite Aid Corp.'s 14-member board of directors, Jim Donald has been appointed to the vacancy. Donald, 54, joined Starbucks in 2002 as president, North America, and managed business development and operations for that territory until 2005, when he was promoted to president and chief executive officer of the company. He was replaced in January in the wake of a sharp decline in the company's stock price during 2007. Prior to his tenure at Starbucks, Donald had been president and CEO of Pathmark Stores, and from 1991 to 1994 he helped lead Wal-Mart's Supercenter development and expansion. He has also held senior management positions at Albertsons and Safeway. Mariano is chairman and CEO of Roundy's Supermarkets, Milwaukee, and had served on the Rite Aid board since 2005.
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