Rite Aid (RAD) announced that its board of directors has appointed Elizabeth Burr, a member of the company’s board, as interim CEO, effective immediately. Burr’s appointment follows Heyward Donigan’s departure from the company as president and CEO, and as a member of the board. Rite Aid has initiated a search to identify a permanent CEO and has retained a leading executive search firm. Burr has extensive experience in the health industry, and proven expertise in innovation, business strategy, retail and brand management. She previously served as VP, head of health ventures and chief innovation officer at Humana (HUM).
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