Rite Aid emerges from bankruptcy and appoints Matt Schroeder as CEO
Rite Aid has announced a change in leadership as it turns out from Chapter 11 bankruptcy. Jeffrey S. Stein has resigned as CEO and Chief Restructuring Officerwhile the Company’s Executive Vice President and Chief Financial Officer, Matt Schroederwas appointed CEO,…
Rite Aid exits bankruptcy; Insider becomes new CEO
Rite Aid’s bankruptcy proceedings have been completed. Rite Aid emerged from bankruptcy with a new CEO, a smaller store footprint, and significantly less debt. The pharmacy chain named experienced Matt Schroeder as its new CEO. Rite Aid announced the appointment…