Rite Aid Appoints Interim Chief Executive Officer — Retail Bum

Rite Aid has appointed a member of the company’s board, Elizabeth Burr, as interim CEO and kicked off its search for a permanent candidate.

“Having served as a director since 2019, I have great respect for the important role Rite Aid plays as a full-service pharmacy improving health outcomes for millions of Americans,” said Burr.

“I will work with the Board and management team to realize our vast potential while supporting our thousands of pharmacists and team members who are focused every day on meeting the needs of our communities and customers. With Rite Aid’s well-established brand and its committed and talented team, I look forward to delivering on our business strategy and driving value for all our stakeholders.”

Burr’s appointment follows Heyward Donigan’s departure as the company’s president, CEO, and board member.

According to Rite Aid, Burr has been selected as the interim CEO due to her extensive experience in the health industry and expertise in innovation, business strategy, retail, and brand management.

Before her appointment, Burr served as the vice president, head of health ventures, and chief innovation officer at a $70 billion for-profit U.S. health insurance company called Humana. Before that, Burr served as managing director of Citi Ventures, global head of business incubation of Citigroup Inc., as well as entrepreneur-in-residence at eBay.

Burr’s appointment is effective immediately.

Photo credit: Rite Aid

Originally published at https://retailbum.com on January 10, 2023.