New CEO Crafted a Vision for Rite Aid. Now She’s Launching It in a Crisis.

Heyward Donigan spent seven months crafting a massive overhaul of Rite Aid Corp. after taking the helm of the beleaguered drugstore chain in August. Then, almost overnight, the pandemic upended her plans to unveil her strategic vision. So Ms. Donigan adjusted. She and her executive team – surrounded by hand sanitizer and sitting apart from one another – laid out her turnaround plan via webcast to analysts and investors last month “to show Rite Aid is moving forward no matter what,” she said.

Read the full article: New CEO Crafted a Vision for Rite Aid. Now She’s Launching It in a Crisis. //

Source: https://www.wsj.com/articles/new-ceo-crafted-a-vision-for-rite-aid-now-shes-launching-it-in-a-crisis-11586955602

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