Rite Aid CEO Martindale Departs For GNC

Rite Aid’s president and CEO, Ken Martindale, is leaving the company. He is taking the CEO helm of GNC Holdings.

Rite Aid also promoted Bryan Everett, currently evp/store operations, to the newly created position of chief operating officer. In his new position, Everett will supervise store operations, merchandising, distribution and logistics. Everett will report to Rite Aid’s chairman and CEO John Standley. Everett is a former Target Corp. executive who had been that company’s svp/store operations.

“Since joining Rite Aid two years ago, Bryan has had a significant, positive impact on Rite Aid’s store operations as well as in other areas of our business,” said Standley. “His exceptional leadership skills, strong industry knowledge and his proven track record of operational expertise and success make him the right person to lead key areas of our organization during this important time as we move forward to drive our business, create a great customer experience and deliver value for our stakeholders.”