Rite Aid Adds Executives To Board Of Directors

Rite Aid’s board of directors has appointed Elizabeth Burr, who most recently served as chief innovation officer and vp/health care trend and innovation at Humana, and Katherine Quinn, who currently serves as vice chairman and chief administrative officer of U.S. Bancorp, to the company’s board.

The appointment of Burr and Quinn reflects the continuation of Rite Aid’s commitment to refresh its board and reinvigorate its corporate governance practices and policies. With the appointment of Burr and Quinn, Rite Aid has added five new, independent directors to its nine-member board in the past year. Rite Aid also announced that Joseph Anderson, Jr. and Michael Regan have retired from the board, effective immediately.

Prior to her role at Humana, Burr held senior roles at Citi Ventures, Morgan Stanley, Credit Suisse First Boston and Gap, Inc. She has a wealth of finance, marketing, customer experience, and digital transformation expertise across the health care and digital health, financial services, technology and retail industries.

Quinn has significant experience in developing corporate strategy, marketing and transforming brands. Prior to joining U.S. Bancorp, Quinn held leadership roles at Anthem, The Hartford and Cigna.

“We are pleased to welcome Busy and Kate to the Rite Aid board. Their appointment further demonstrates our commitment to enhance the quality of our board with additional relevant experience and expertise to guide Rite Aid into the future,” said Bruce Bodaken, Rite Aid chairman. “Their fresh perspectives, valuable expertise in marketing and consumer brands, and health care industry experience will contribute to the development and implementation of our strategy to better position Rite Aid in the creation of long-term value for stockholders.”