Steve Rempel - Rite Aid Senior Vice President CIO

RADDelisted Stock  USD 0.17  0.01  5.56%   

President

Mr. Steve Rempel is Senior Vice President Chief Information Officer of Rite Aid Corporationrationration. Before joining Rite Aid Rempel served as chief information officer president and CEO for Lenexa Kan. based Balance Innovations the leading provider of reconciliation and cash management solutions for the retail industry. During his tenure at Balance Innovations he had oversight for the company technology strategy and provided strategic financial and operational direction. Rempel began his career at Safeway Inc. one of the nation largest food and drug retailers. During his 35 years at Safeway Rempel held a variety of information technology positions with increasing responsibility. Serving as the organization group vice president of Application Development he had enterprisewide responsibility for all elements of the information technology applications process including design development procurement development and support. Rempel earned a bachelor degree in business administration from the University of the Fraser Valley in British Columbia and will receive his M.B.A. from Auburn University this spring. since 2015.
Tenure 9 years
Professional MarksMBA
Phone717 761 2633
Webhttps://www.riteaid.com

Rite Aid Management Efficiency

Rite Aid's management efficiency ratios could be used to measure how well Rite Aid manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 5.82 B in debt. Rite Aid has a current ratio of 1.3, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Rite Aid until it has trouble settling it off, either with new capital or with free cash flow. So, Rite Aid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rite Aid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rite to invest in growth at high rates of return. When we think about Rite Aid's use of debt, we should always consider it together with cash and equity.

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Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 people. Rite Aid (RAD) is traded on New York Stock Exchange in USA and employs 47,000 people.

Management Performance

Rite Aid Leadership Team

Elected by the shareholders, the Rite Aid's board of directors comprises two types of representatives: Rite Aid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rite. The board's role is to monitor Rite Aid's management team and ensure that shareholders' interests are well served. Rite Aid's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rite Aid's outside directors are responsible for providing unbiased perspectives on the board's policies.
Heyward Donigan, President, Chief Executive Officer, Director
Elizabeth Burr, Independent Director
Frank Vitrano, Chief Officer
Douglas Donley, Chief Accounting Officer, Senior Vice President
Michael Regan, Lead Independent Director
Trent Kruse, Senior Vice President of Investor Relations, Treasury
Jessica Kazmaier, Chief Human Resource Officer
Lance Neill, Chief Operating Officer
Brian Hoover, Chief Accounting Officer
David Jessick, Independent Director
Katherine Quinn, Independent Director
Bruce Bodaken, Independent Chairman of the Board
Matt Schroeder, Group Vice President Strategy, Investor Relations and Treasurer
David Abelman, Executive Vice President - Marketing
Frank Savage, Independent Director
Marcy Syms, Independent Director
James Comitale, Senior Vice President General Counsel, Secretary
Byron Purcell, VP Treasurer
Justin Mennen, Executive Vice President, Chief Information Officer
Dedra Castle, Chief Human Resource Officer, Executive Vice President
Erik Keptner, Senior Vice President Chief Marketing Officer
Marc Strassler, Corporate Counsel
Kenneth Martindale, Pres and CEO of Rite Aid Stores
Derek Griffith, Executive Vice President - Store Operations
Darren Karst, CFO, Chief Admin. Officer and Sr. Executive VP
Jocelyn Konrad, Executive Vice President - Pharmacy and Retail Operations
Matthew Schroeder, Chief Financial Officer, Executive Vice President
Robert Knowling, Independent Director
Doug Donley, Chief Accounting Officer, Senior Vice President
Joseph Anderson, Independent Director
Angele RobinsonGaylord, Senior Vice President - Store Development
Jim Peters, Chief Operating Officer
Bari Harlam, Independent Director
Christopher Hall, VP Services
Arun Nayar, Independent Director
Paul Gilbert, Executive Vice President, General Counsel, Company Secretary
Myrtle Potter, Director
Kevin Lofton, Independent Director
Kermit Crawford, President COO
Chris Bohrer, Senior Vice President - Payor and Strategic Initiatives
Steve Rempel, Senior Vice President CIO
Roxanne Schwans, Senior Vice President - Market Access and Pharmacy Purchasing
Enio Montini, Executive Vice President - Merchandising
Louis Miramontes, Independent Director
Joy Seusing, VP Officer
Heyward BA, CEO Pres
Andre Persaud, Executive Vice President - Retail
Bryan Everett, Executive Vice President - Store Operations
John Standley, Chairman, CEO and Chairman of Executive Committee
James Peters, Chief Operating Officer

Rite Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rite Aid a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rite Aid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rite Aid's short interest history, or implied volatility extrapolated from Rite Aid options trading.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Rite Aid information on this page should be used as a complementary analysis to other Rite Aid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Consideration for investing in Rite Stock

If you are still planning to invest in Rite Aid check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rite Aid's history and understand the potential risks before investing.
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