Management

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Matt Schroeder serves as chief executive officer, responsible for driving the organization’s business strategy and performance, including Rite Aid’s role as an essential provider of pharmacy services and related products in the communities it serves. His leadership is instrumental in supporting high-performance teams as they execute key initiatives to drive the business forward and deliver superior customer service across Rite Aid’s strong portfolio of stores.

Schroeder has nearly 25 years of leadership experience in optimizing the organization’s financial systems and aligning the company’s strategy to its financial initiatives and performance. Most recently, he served as executive vice president and chief financial officer, responsible for managing the company’s financial verticals, including financial planning and analysis, financial reporting, treasury and accounting. Schroeder’s span of responsibility also included leading Rite Aid’s store development and procurement functions, as well as providing guidance and key decision-making to support enterprisewide operations, including merchandise, supply chain, and store and pharmacy operations. In addition, he has guided Rite Aid’s decisions around capital structure and capital allocation, driving alignment of the company’s strategy and key operational initiatives to financial performance and ensuring efficient decisions around footprint performance and cost management.

Schroeder joined Rite Aid in 2000 as vice president of financial accounting and was promoted to group vice president of strategy, investor relations and treasurer in 2010. In 2017, he was named senior vice president, chief accounting officer and treasurer. Before joining the company, Schroeder worked for Arthur Andersen LLP, where he held several positions of increasing responsibility, including audit manager.

Schroeder holds a bachelor’s degree in accounting from Indiana University of Pennsylvania. He currently serves on the board of directors for Whitaker Center for Science and Arts, a not-for profit serving greater Harrisburg, Pa.

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Jessica Kazmaier serves as chief administrative officer and chief of staff to the CEO of Rite Aid. In this role, she works with the CEO in strategic planning and decision-making and provides leadership and direction to various corporate departments. Kazmaier is responsible for ensuring all enabling functions align with the company’s overall strategic and financial goals. In addition, she focuses on optimizing effective internal processes, driving technology enablement, mitigating enterprise risk, adhering to legal and regulatory standards, and growing a strong workplace culture.

Most recently, Kazmaier held the role of chief human resources officer since March 2019, as well as chief of staff to the CEO since October 2023. In this dual capacity, she ensured Rite Aid’s culture, communications, programs, policies and experiences delivered on the company’s purpose and objectives. Specifically, she led all aspects of the people strategy, including associate experience, talent management, total rewards and labor relations. Additionally as chief of staff, Kazmaier she was responsible for integrating workstreams and eliminating siloes within the company, linking the leadership team with the broader organization and helping make strategic decisions to propel the company forward.

Before joining Rite Aid in 2001, Kazmaier served as retirement manager at Harsco Corporation, where she managed the company’s 401(k) and pension plans. She earned a dual bachelor’s degree in business administration and psychology from the University of Pittsburgh. From 2019-2023 Kazmaier served as president of the Board of Rite Aid Healthy Futures, the company’s affiliated public charity focused on impacting health disparities in underserved and disadvantaged populations.

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Steven Bixler has been named acting chief financial officer, responsible for managing Rite Aid’s financial planning, forecasting, accounting and reporting to align the company’s business strategy to its financial performance and ongoing success.

Bixler has more than 22 years of experience in process management, financial leadership and process improvements, particularly in inventory and revenue accounting, which have been instrumental in helping Rite Aid improve operational efficiency by streamlining its financial analysis, budgeting policies and processes.

Bixler joined Rite Aid in 2001 as an inventory specialist and has earned roles of increasing responsibilities. Most recently, he served as chief accounting officer since January 2023 and previously was vice president of financial accounting, responsible for inventory, revenue, vendor income, payroll and corporate accounting, as well as financial reporting and SOX compliance.

Bixler received his bachelor of science degree in accounting from Juniata College and is a Certified Public Accountant.

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Teri Schanck currently serves as chief people officer of Rite Aid, overseeing the organization’s human resources function, company culture and associate experience. Previously, she served as group vice president, talent and HR operational excellence, responsible for talent acquisition, talent development and associate experience, HR operations and payroll. Schanck led enterprisewide talent strategies to meet the company’s strategic business priorities while also accelerating HR modernization, standardization and efficiencies within the HR function.

Schanck has over a decade-long tenure at Rite Aid, serving in progressing roles within the company’s human resources team. She started working at Rite Aid in 2012 as senior manager of curriculum design, and eventually undertook the additional role of senior director of training and talent before being promoted to vice president of talent management in 2019. Schanck came to Rite Aid with human resources experience in the healthcare and retail sectors, managing human resources and training functions for Williams-Sonoma and leadership development for Highmark Blue Shield Blue Cross.

Schanck has a master’s in education degree in training and development from Penn State University. She currently serves on the board of directors at Rite Aid Healthy Futures, the company’s public charity. Schanck was named a recipient in the Rising Star category of Drug Store News’ Top Women in Health, Wellness and Beauty in 2019 and was a Lee Hecht Harrison Executive Coaching panelist in 2020.

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As a key leader with Rite Aid for more than 20 years, Staniforth currently serves as chief pharmacy officer and leads the company’s pharmacy strategy. She is responsible for overseeing central pharmacy operations, pharmaceutical purchasing, market access strategy and relations, and healthcare analytics. In addition, she leads the clinical team, managing pharmacy growth and clinical programs.

Staniforth’s extensive leadership responsibilities at Rite Aid include her roles as regional pharmacy vice president, division pharmacy vice president and group vice president of pharmacy initiatives and clinical services, and senior vice president, clinical and operational pharmacy services, most recently overseeing pharmacy field operations. In 2014, she was appointed chief operating officer of Health Dialog, a Rite Aid subsidiary and leading provider of population health management solutions, responsible for executing the strategic vision and managing day-to-day operations of the company. Additionally, she led the planning efforts and transaction services agreement for Rite Aid’s asset purchase agreement with Walgreens in 2017.

Before joining Rite Aid, Staniforth was a pharmacist in Johannesburg, South Africa, and later joined Sandoz, overseeing retail sales operations. She earned her Diploma in Pharmacy from Witwatersrand Technikon in Johannesburg, South Africa. Staniforth currently serves on the executive committee of the board of directors for the National Association of Chain Drug Stores (NACDS).

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Jeanniey Walden was named senior vice president and chief marketing officer, Rite Aid and Thrifty Ice Cream in August 2023. In this capacity, she oversees all marketing operations, including digital, e-commerce, print, creative, customer loyalty and analytics, and Thrifty strategy and growth. An accomplished marketing executive, Walden leads Rite Aid’s strategic marketing, spearheading Rite Aid’s brand evolution and building brand engagement to ensure the company’s brand strategy connects the business with its customers and the communities it serves.

Walden has a proven track record of transforming brands and driving significant business growth through an integrated approach that merges traditional and digital marketing with innovative techniques that drive awareness and deliver results. Her experience spans companies across various industries, including retail, health and wellness consulting services, advertising agencies and FinTech. Before joining Rite Aid, Walden held marketing leadership roles for OgilvyOne Worldwide, Grey Direct, Mercer, DailyPay, Barnes and Noble, and JCPenney.

She earned a Bachelor of Arts in psychology and a Master of Arts in teaching from the University of Pittsburgh.

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William (Bill) Miller currently serves as senior vice president and chief of store operations, responsible for leading the company’s retail strategy and operations and overseeing field operations. He previously served as senior vice president of central operations for Rite Aid, where he led significant improvements in the company’s store workforce model, promoting engaged employees and driving successful processes. Miller has more than 30 years of experience in central and field operations in the retail, healthcare and pharmacy space.

Responsible for creating Rite Aid’s best-in-class retail experience, Miller leads efforts around supply chain, asset protection, workforce planning and analysis, operational strategy, facilities maintenance and other initiatives that help teams execute critical improvements across Rite Aid’s retail store footprint. His span of accountability and oversight includes key strategies that ensure inventory accuracy and optimization to support the company’s business strategy, thoughtfully use appropriate resources and effectively meet the needs of retail customers across our markets. Before joining Rite Aid, Miller served as group vice president for Walgreens/WBA, where he led an enterprisewide organization restructure to optimize performance and fuel growth strategies.

He earned a master’s degree in management from Bellevue University, Nebraska, and holds a bachelor’s degree in management and marketing from the University of Nebraska at Omaha. Miller serves on the National Association of Chain Drug Stores (NACDS) Retail Advisory Board and on the Board of Rite Aid Healthy Futures, the company’s affiliated public charity focused on impacting health disparities in underserved and disadvantaged populations.

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Christin Bassett was named Acting General Counsel and Corporate Secretary of Rite Aid Corporation in July 2024. In this role, she oversees the organization’s legal affairs, including legal, compliance, regulatory affairs and privacy. Her leadership is instrumental in guiding the company through legal and regulatory matters, corporate governance issues, and internal and external strategic initiatives. Bassett previously served as Group Vice President, Deputy General Counsel and assisted as Acting General Counsel during a transitional period in 2023.

Bassett brings more than two decades of experience navigating legal business needs for clients and organizations. She started her career at Morgan Lewis and later became partner at Reed Smith. After her first in-house role at AstraZeneca, she served as Executive Director and Senior Counsel at Aetna where she led the Consumer Litigation Team and was Deputy Practice Group Leader for the Commercialized Products group at Otsuka Pharmaceutical. Following this, she joined Rite Aid Corporation in June 2021.

Bassett currently serves as Vice President of the Board of Directors for Darlington Arts Center, which focuses on arts accessibility in underserved communities. She earned her Juris Doctor degree from George Washington University School of Law and her bachelor’s degree in English and political science from Duke University.

Board of Directors

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Mr. Bodaken shares in-depth knowledge of the health insurance and managed care industries with the Board of Directors, serving in executive leadership positions for over 20 years.

Director since: 2013

Chair since: 2018

Committees:

  • Executive (Chair)
  • Nominating and Governance

Experience

  • Chairman and Chief Executive Officer of Blue Shield of California from 2000 through 2012.
  • President and Chief Operating Officer of Blue Shield of California from 1995 to 2000, and as Executive Vice President and Chief Operating Officer from 1994 to 1995.
  • Senior Vice President and Associate Chief Operating Officer of F.H.P., Inc., a managed care provider, from 1990 to 1994 and held various positions at F.H.P. from 1980 to 1990.
  • Visiting Lecturer at the University of California School of Public Health from 2013 to 2016 teaching graduate courses on health care reforms.
  • Visiting Scholar at the Brookings Institute from 2013 to 2015 focused on value-based care design.
  • Director and member of the compensation committee of iRhythm Technologies, Inc. and formerly a member of the board of directors of WageWorks, Inc.

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Ms. Burr brings to the Board of Directors extensive experience in the health industry, innovation, business strategy, and brand management.

Director since: 2019

Committees:

  • Audit

Experience

  • Former President and Chief Commercial Officer at Carrot Inc., a digital health care company with solutions that combine behavioral science, clinical expertise, and proprietary technology, from 2019 through 2021.
  • Chief Innovation Officer and Vice President of Healthcare Trend and Innovation at Humana from 2015 to 2018, where she led the design, build, and adoption of new product platforms in digital health, provider experience, and telemedicine. Founder of Humana’ Health Ventures, Humana’s strategic venture investing practice.
  • Former Managing Director of Citi Ventures, Citigroup’s global venture group, from 2011—2015. Prior to Citigroup, she spent seven years in investment banking at Morgan Stanley and Credit Suisse First Boston.
  • Former Vice President of Global Brand Management at Gap, Inc., where she was responsible for aligning the product, store, online, advertising, and merchandising efforts for the four Gap brands around the world.
  • ​Member of the boards of directors of Mr. Cooper Group Inc., a company that provides mortgage servicing, origination, and transaction-based services, Satellite Healthcare, a nonprofit provider of kidney dialysis services, and SVB Financial Group, a company that offers commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life sciences and health care, private equity and venture capital, and premium wine industries.

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Ms. Harlam is a former C-suite business leader, marketer, educator, and author, and a pioneer in customer loyalty who provides the Board of Directors with her experience in digital marketing and data analytics.

Director since: 2020

Committees:

  • Nominating and Governance

Experience

  • Co-founder of Trouble LLC, a pro-social, experience brand.
  • Executive Vice President, Chief Marketing Officer North America at Hudson’s Bay Company from 2018 to 2020.
  • Executive Vice President, Membership, Marketing and Analytics at BJ’s Wholesale Club from 2012 to 2016.
  • ​Chief Marketing Officer at Swipely, now Upserve, from 2011 to 2012.
  • Senior Vice President, Member Engagement at CVS Health from 2000 to 2011.
  • ​Early in her career, was a Professor at Columbia University and the University of Rhode Island, and Adjunct Professor at the Wharton School, University of Pennsylvania.
  • Member of the Board of Directors of Eastern Bankshares, Inc., Alterian and OneWater Marine Inc.

Mr. Keglevic brings to the Board of Directors over 45 years of leadership experience and deep expertise in finance and accounting, operational improvement and turnarounds, restructuring and risk management across a range of industries.

Director since: 2023

Experience

• Mr. Keglevic is an NACD-certified director with over 45 years of leadership experience and deep expertise in finance and accounting, operational improvement and turnarounds, restructuring and risk management across a range of industries.

• He has served as CEO, CFO, Chief Restructuring Officer and Chief Risk Officer at numerous companies, most recently as CEO of Energy Future Holdings. Earlier in his career, Mr. Keglevic was a Partner and member of the U.S. leadership team at PricewaterhouseCoopers.

• He currently serves on the boards of WeWork, Evergy and Envision Healthcare. Mr. Keglevic previously served on the boards of Ascena Retail Group, Bonanza Creek Energy, Clear Channel Holdings, Cobalt International Energy and Frontier Communications, among others.

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Mr. Knowling brings to the Board extensive experience in executive management and leadership roles, including experience leading companies through periods of high growth and organizational turnaround. In addition, his service on a number of other public company boards of directors enables Mr. Knowling to share insights with the Board regarding corporate governance best practices.

Director since: 2018

Committees:

  • Compensation

Experience

  • Chairman of Eagles Landing Partners, which specializes in helping senior management formulate strategy, lead organizational transformations, and re-engineer businesses, and also serves as an advisor-coach to chief executive officers.
  • ​Chief Executive Officer of Telwares, a provider of telecommunications expense management solutions, from 2005 to 2009.
  • ​Chief Executive Officer of the New York City Leadership Academy, an independent nonprofit corporation created by Chancellor Joel I. Klein and Mayor Michael R. Bloomberg that is chartered with developing the next generation of principals in the New York City public school system, from 2001 to 2005.
  • ​Chairman and Chief Executive Officer of SimDesk Technologies, a computer software company, from 2001 to 2003.
  • ​Previously was Chairman, President and Chief Executive Officer of Covad Communications, a Warburg Pincus private equity-backed start-up company.
  • ​Serves on the board of directors of Citrix, STRAND, and Stride, Inc. In the last five years, he served on the board of directors of Roper Technologies Inc. and Convergys.

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Mr. Miramontes brings to the Board of Directors extensive experience in accounting, financial reporting, and corporate governance. His experience as an audit partner provides useful insights into financial and regulatory matters relevant to the Company’s business.

Director since: 2018

Committees:

  • Audit (Chair)
  • Compensation

Experience

  • Independent financial advisor since 2014.
  • ​Worked at KPMG LLP from 1976 to 2014, where he served as Managing Partner of the San Francisco office and Senior Partner for KPMG’s Latin American region. He served as an audit partner for public and private companies.
  • ​Serves as a member of the board of directors of Lithia Motors, Inc., one of the largest auto retailers in the United States and Canada, and as a member of the board of directors of Oportun Financial Corporation, a financial services company.

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Mr. Nayar brings over 35 years of financial management experience to the Board of Directors. His experience as a chief financial officer provides useful insights into operational and financial metrics relevant to the Company’s business.

Director since: 2018

Committees:

  • Audit
  • Executive

Experience

  • Retired in 2015 as executive vice President and Chief Financial Officer of Tyco International, a $10+ billion fire protection and security company, where he was responsible for managing the company’s financial risks and overseeing its global finance functions, including its tax, treasury, mergers and acquisitions, audit, and investor relations teams. Mr. Nayar joined Tyco as senior vice president and treasurer in 2008, and was also Chief Financial Officer of Tyco’s ADT Worldwide. From 2010 until 2012, Mr. Nayar was senior vice president, Financial Planning & Analysis, Investor Relations, and treasurer.
  • Previously was in leadership positions with PepsiCo, Inc., most recently as Chief Financial Officer of Global Operations and, before that, as vice president and assistant treasurer—Corporate Finance.
  • Senior Advisor to McKinsey & Company and a Senior Advisor to a private equity firm, BC Partners, from 2016 to 2020.
  • ​A member of the board of directors of Amcor Plc, a manufacturer of responsible packaging products, and GFL Environmental Inc., a leading North American environmental services company. He previously served on the board of TFI International.

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Ms. Quinn brings to the Board of Directors extensive experience in business strategy, marketing, customer experience, retail operations, and health benefits.

Director since: 2019

Committees:

  • Compensation (Chair)
  • Nominating and Governance

Experience

  • Vice Chair and Chief Administrative Officer of U.S. Bancorp since 2017, responsible for leading strategy, reputation and digital transformation, Ms. Quinn joined U.S. Bancorp in 2013 as executive vice president and Chief Strategy and Reputation Officer.
  • Former senior vice president and Chief Marketing Officer at Anthem, a health benefits company, where she directed the company’s marketing, customer communications, digital, customer experience, and retail strategies. She previously served as Anthem’s vice president of corporate marketing.
  • Earlier in her career, Ms. Quinn served as Chief Marketing and Strategy Officer at a division of The Hartford, following leadership roles in strategy and product development at CIGNA and PacifiCare Health Systems, respectively.
  • Member of Board of Trustees of United Way U.S.A. and Fastbreak Foundation.

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Matt Schroeder serves as chief executive officer, responsible for driving the organization’s business strategy and performance, including Rite Aid’s role as an essential provider of pharmacy services and related products in the communities it serves. His leadership is instrumental in supporting high-performance teams as they execute key initiatives to drive the business forward and deliver superior customer service across Rite Aid’s strong portfolio of stores.

Schroeder has nearly 25 years of leadership experience in optimizing the organization’s financial systems and aligning the company’s strategy to its financial initiatives and performance. Most recently, he served as executive vice president and chief financial officer, responsible for managing the company’s financial verticals, including financial planning and analysis, financial reporting, treasury and accounting. Schroeder’s span of responsibility also included leading Rite Aid’s store development and procurement functions, as well as providing guidance and key decision-making to support enterprisewide operations, including merchandise, supply chain, and store and pharmacy operations. In addition, he has guided Rite Aid’s decisions around capital structure and capital allocation, driving alignment of the company’s strategy and key operational initiatives to financial performance and ensuring efficient decisions around footprint performance and cost management.

Schroeder joined Rite Aid in 2000 as vice president of financial accounting and was promoted to group vice president of strategy, investor relations and treasurer in 2010. In 2017, he was named senior vice president, chief accounting officer and treasurer. Before joining the company, Schroeder worked for Arthur Andersen LLP, where he held several positions of increasing responsibility, including audit manager.

Schroeder holds a bachelor’s degree in accounting from Indiana University of Pennsylvania. He currently serves on the board of directors for Whitaker Center for Science and Arts, a not-for profit serving greater Harrisburg, Pa.

Ms. Teffner brings to the Board of Directors extensive experience assisting retail and consumer product companies in driving growth and profitability.

Director since: 2023

Experience

• Ms. Teffner has over 30 years of strategic, financial and operational leadership experience assisting retail and consumer product companies in driving growth and profitability.

• She has deep expertise leading successful large-scale transformation initiatives and has served as Executive Vice President and Chief Financial Officer at several Fortune 500 companies.

• Ms. Teffner currently serves on the boards of DXC Technology, International Data Group and BFA Industries. She previously served on the boards of Ascena Retail Group, Avaya and GameStop.