Rite Aid Corporation president and CEO Heyward Donigan has stepped down from the company and its board of directors and board member Elizabeth “Busy” Burr has been named interim leader of the retail pharmacy company.
Rite Aid (NYSE: RAD) Chairman Bruce Bodaken said, “As the company continues its efforts to enhance its competitive position in this dynamic environment, the board determined and Heyward agreed that now is the right time to identify the next leader of the business.” He said the…