The company’s president and CEO, Heyward Donigan has departed Rite Aid, the company announced on Monday.
Donigan, a former insurance executive replaced CEO John Standley in 2019. She was previously a former executive with Premera Blue Cross and was CEO of Sapphire Digital. “On behalf of the entire Board, I want to thank Heyward for her contributions and service to Rite Aid, particularly her efforts in helping to lead Rite Aid throughout the Covid-19 pandemic. We wish her all the best in her future endeavors.”Rite Aid CEO Heyward Donigan cuts the ribbon on Rite Aid's new headquarters in Philadelphia in July 2022.
The company’s board has announced that it has appointed Elizabeth “Busy” Burr, a member of the company’s board, as interim CEO, effective immediately.