Rite Aid Corporation has appointed Kermit Crawford, former evp/president of pharmacy health and wellness for Walgreens, as president and chief operating officer, effective October 5.
During his more than 30 years with Walgreens, Crawford held a wide range of store operations and senior management positions, including responsibility for the company’s pharmacy services, which included its pharmacy benefit management services. When he retired from Walgreens in 2014, Crawford was evp/president of Walgreen’s pharmacy, health and wellness division, where he was responsible for all aspects of strategic, operational and financial management for the division.
Most recently, Crawford has been a retail and health care adviser and consultant for Sycamore Partners, a private equity firm. He also serves on the board of directors for Allstate and LifePoint Health. He is also on the board of councilors of the University of Southern California School of Pharmacy.
Crawford will report to Rite Aid chairman and CEO, John Standley.
“Kermit is a highly experienced retail pharmacy industry executive with exceptional leadership capabilities,” said Standley. “This is an especially important time for Rite Aid as we move forward as a stand-alone company within the retail chain drug and health care industries and I am extremely pleased to have such an innovative and well-respected senior executive joining our Rite Aid leadership team as we move forward to successfully drive our business.”