8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): November 17, 2017

Rite Aid Corporation

(Exact name of registrant as specified in its charter)

Delaware	1-5742	23-1614034
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

30 Hunter Lane, Camp Hill, Pennsylvania 17011

(Address of principal executive offices, including zip code)

(717) 761-2633

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 17, 2017, Rite Aid Corporation (the “Company”) announced the retirement of Tony Montini, the Company’s Executive Vice President of Merchandising and Distribution, after 7 years of distinguished service. Mr. Montini's retirement will be effective as of December 15, 2017.

The Company issued a press release with respect to Mr. Montini’s retirement, a copy of which is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The press release is being furnished with this Current Report and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release, dated November 17, 2017.

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EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated November 17, 2017.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RITE AID CORPORATION
Dated:  November 17, 2017	By:	/s/ James J. Comitale
		Name:	James J. Comitale
		Title:	Senior Vice President, General Counsel

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EX-99.1

Exhibit 99.1

 

Press Release

For Further Information Contact:

Ashley Flower

(717) 975-5718

aflower@riteaid.com

FOR IMMEDIATE RELEASE

RITE AID ANNOUNCES SENIOR MANAGEMENT CHANGES IN CATEGORY MANAGEMENT

Bill Renz Named Senior Vice President of Category Management

Industry Veterans Tony Montini and Bill Bergin to Retire

CAMP HILL, Pa. (Nov. 17, 2017) — Rite Aid Corporation (NYSE: RAD) today announced the following senior management changes, effective immediately:

Bill Renz, Rite Aid’s current group vice president of consumables and photo, has been named senior vice president of category management. Renz joined Rite Aid in 1998 as director of general merchandise and photo. He was promoted to vice president of general merchandise in 2000 and named to his current role in 2014. Before joining Rite Aid, Bill held various category management positions at Gray Drug-Fair, Sherwin Williams, Circuit City and Office Max. He will report to Bryan Everett, chief operating officer of Rite Aid stores.

“Bill has worked in nearly every category of the retail drugstore industry and has a tremendous ability to identify front-end items and product assortments that truly resonate with our valued customers,” said Everett. “Leveraging his extensive experience and deep knowledge of our business, we will continue to transform our front-end offering and deliver an outstanding Rite Aid experience.”

In addition, Ted Williams, Rite Aid’s current vice president of general merchandise and seasonal, has been named group vice president of consumables, general merchandise and seasonal. Bryan Shirtliff, who currently leads the company’s merchandising efforts, has been named group vice president of health and beauty. Nate Newcomer, Rite Aid’s current vice president of category management support and front-end analysis, has been named group vice president of category management administration, financial analysis and replenishment. Williams, Shirtliff and Newcomer will report to Renz.

“These changes position Rite Aid for the future and support our efforts to deliver an outstanding experience in our stores,” said Everett. “Ted, Bryan and Nate have played a key role in the success of our Company and we look forward to benefitting from their expertise and knowledge in their new roles as we work to continue meeting the health and wellness needs of our customers and patients.”

The Company also announced the retirement of Tony Montini, current executive vice president of merchandising and distribution, and Bill Bergin, current group vice president of health and beauty.

-MORE-

Rite Aid Press Release/Category Management Announcement – Page 2

Montini has served in his current role since 2011, after returning to the company in 2010 as senior vice president of category management. He also served as senior vice president of category management from 2002 through 2003 and as vice president of purchasing from 1987 through 1989. Bergin joined Rite Aid in 1999 and was named to his current role in 2009.

Added Everett, “Tony has built a strong culture of speed, innovation and collaboration across his team that has driven positive results. Bill has also played a key role in the success of our Company, both through his strong leadership and successful merchandising innovations that make many of our key health and beauty categories much easier to shop. We appreciate Tony and Bill’s many outstanding contributions to Rite Aid over their nearly 30 years of combined service, and wish them well with their future plans.”

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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