Rite Aid Picks Insider CEO As Company Emerges From Bankruptcy

Rite Aid has selected long-time company executive Matt Schroeder as the company's new chief ... [+] executive officer as the company exits federal bankruptcy protection, the company said September 3, 2024. Rite Aid Rite Aid has selected long-time company executive Matt Schroeder as the company's new chief executive officer as the company exits federal bankruptcy protection. Rite Aid, which has eliminated $2 billion of total debt and "received approximately $2.5 billion in exit financing to support the busin ...