Justin Mennen - Rite Aid Senior Vice President, Chief Information Officer

RTA1 Stock  EUR 0.20  0.00  0.00%   

President

Justin Mennen is Senior Vice President, Chief Information Officer of Rite Aid since 2019.
Age 42
Tenure 5 years
Phone717 761 2633
Webhttps://www.riteaid.com

Rite Aid Management Efficiency

Rite Aid's management efficiency ratios could be used to measure how well Rite Aid manages its routine affairs as well as how well it operates its assets and liabilities.
Rite Aid has accumulated 2.73 B in total debt. Rite Aid has a current ratio of 1.32, which is within standard range for the sector. Debt can assist Rite Aid until it has trouble settling it off, either with new capital or with free cash flow. So, Rite Aid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rite Aid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rite to invest in growth at high rates of return. When we think about Rite Aid's use of debt, we should always consider it together with cash and equity.

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Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Camp Hill, Pennsylvania. RITE AID operates under Pharmaceutical Retailers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 50000 people. Rite Aid (RTA1) is traded on Frankfurt Exchange in Germany and employs 53,000 people.

Management Performance

Rite Aid Leadership Team

Elected by the shareholders, the Rite Aid's board of directors comprises two types of representatives: Rite Aid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rite. The board's role is to monitor Rite Aid's management team and ensure that shareholders' interests are well served. Rite Aid's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rite Aid's outside directors are responsible for providing unbiased perspectives on the board's policies.
Heyward Donigan, President, Chief Executive Officer, Director
Elizabeth Burr, Independent Director
Frank Vitrano, Chief Officer
Angele RobinsonGaylord, Senior Vice President - Store Development
Bari Harlam, Independent Director
Christopher Hall, VP Services
Trent Kruse, Senior Vice President of Investor Relations, Treasury
Arun Nayar, Independent Director
Jessica Kazmaier, Ex Officer
Paul Gilbert, General Counsel, Company Secretary
Brian Hoover, Chief Accounting Officer
Katherine Quinn, Independent Director
Bruce Bodaken, Independent Chairman of the Board
Kevin Lofton, Independent Director
Marcy Syms, Independent Director
Byron Purcell, VP Treasurer
Chris Bohrer, Senior Vice President - Payor and Strategic Initiatives
Justin Mennen, Senior Vice President, Chief Information Officer
Erik Keptner, Senior Vice President Chief Marketing Officer
Roxanne Schwans, Senior Vice President - Market Access and Pharmacy Purchasing
Louis Miramontes, Independent Director
Jocelyn Konrad, Executive Vice President - Pharmacy and Retail Operations
Matthew Schroeder, Chief Financial Officer, Senior Vice President
Joy Seusing, VP Officer
Robert Knowling, Independent Director
Heyward BA, CEO Pres
Andre Persaud, Executive Vice President - Retail
James Peters, Chief Operating Officer

Rite Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rite Aid a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Rite Stock

Rite Aid financial ratios help investors to determine whether Rite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rite with respect to the benefits of owning Rite Aid security.