Rite Aid Corporation (NYSE: RAD) today announced that Derek Griffith, Rite Aid's current senior vice president of operations in the Northeast and Midwest, has been named executive vice president of store operations.

In this position, Griffith will be responsible for all aspects of the company's chainwide store operations. He will report to Bryan Everett, chief operating officer of Rite Aid stores.

"Derek is a seasoned retail operator with demonstrated expertise in developing and implementing operational initiatives to drive and increase financial performance," said Everett. "Since joining Rite Aid nearly 10 years ago, he has made significant contributions to the Company and our associates. As we move forward, his leadership and knowledge will help us successfully execute our operational plan and grow our business while further enhancing both the associate and customer experience in our stores."

Griffith is a skilled leader with more than 30 years of experience in store operations. He joined Rite Aid in 2008 as a regional vice president of store operations. In 2010, he was promoted to his current role, with responsibility for more than 1,100 Rite Aid stores in the Northeast and Midwest. Prior to joining Rite Aid, Griffith held various store operations roles with increasing responsibility at Target and Home Depot. Griffith holds a bachelor's degree in petroleum engineering from West Virginia University.

Rite Aid Corporation is one of the nation's leading drugstore chains with fiscal 2017 annual revenues of $32.8 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.

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