Rite Aid
This article was originally published in The Rose Sheet
Executive Summary
Former Interim CEO Timothy Noonan resigns from both the retailer and its board March 1. After 30 years with Rite Aid, Noonan intends to pursue other opportunities, the chain drug store says. Noonan was named interim CEO last October with the resignation of chief exec Martin Grass (1"The Rose Sheet" Oct. 25, 1999, p. 12). Robert Miller, Noonan's successor, was one of four former Fred Meyer execs appointed to top management positions in late 1999 (2"The Rose Sheet" Dec. 13, 1999, p. 11). Rite Aid Vice Chairman Franklin Brown resigns from the board effective May 29