Steve Rempel Named Rite Aid Senior Vice President and Chief Information Officer
April 20 2015 - 9:28AM
Business Wire
Rite Aid Corporation (NYSE: RAD) announced today that Steve
Rempel, a highly experienced information technology executive, has
been named Rite Aid’s senior vice president and chief information
officer.
In this position, Rempel will have responsibility for all
aspects of the company’s technology and information operations,
including computer systems, network infrastructure,
telecommunications and data security as well as the continued
development and execution of Rite Aid’s immediate and long-term
information technology strategy. Rempel will report to Frank
Vitrano, Rite Aid’s senior executive vice president and chief
administrative officer.
“Steve is an information technology expert with a proven track
record in creating, driving and delivering value and results
through innovative technology solutions,” said Vitrano. “His vast
retail experience will be extremely valuable to Rite Aid as we
continue to develop our technology and services platforms and
strategies to further strengthen our business operations and
enhance the experiences of our valued customers and
associates.”
Before joining Rite Aid, Rempel served as chief information
officer, president and CEO for Lenexa, Kan.,-based Balance
Innovations, the leading provider of reconciliation and cash
management solutions for the retail industry. During his tenure at
Balance Innovations, he had oversight for the company’s technology
strategy and provided strategic, financial and operational
direction.
Rempel began his career at Safeway, Inc., one of the nation’s
largest food and drug retailers. During his 35 years at Safeway,
Rempel held a variety of information technology positions with
increasing responsibility. Serving as the organization’s group vice
president of Application Development, he had enterprise-wide
responsibility for all elements of the information technology
applications process, including design, development, procurement,
development and support.
Rempel earned a bachelor’s degree in business administration
from the University of the Fraser Valley in British Columbia and
will receive his M.B.A. from Auburn University this spring.
Rite Aid Corporation is one of the nation's leading drugstore
chains with nearly 4,600 stores in 31 states and the District of
Columbia and fiscal 2015 annual revenues of $26.5 billion.
Information about Rite Aid, including corporate background and
press releases, is available through the company's website at
www.riteaid.com.
Rite Aid CorporationINVESTORS:Matt Schroeder,
717-214-8867investor@riteaid.comorMEDIA:Ashley Flower,
717-975-5718
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