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.
Copyright Business Wire 2015