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A New CEO for Rite Aid

Standley will succeed Sammons on June 24.

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By: TOM BRANNA

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Rite Aid has named John T. Standley, 46, president and chief executive officer, effective June 24. Mary Sammons, 63, the drugstore chain’s chairman and CEO, will stay on board as chairman until June 2012. Standley is Rite Aid’s president and chief operating officer and has been with the company in that position since September 2008. He was previously ceo and board director of grocery chain Pathmark Stores Inc. Before joining Pathmark in August 2005, Standley had been with Rite Aid. He wa...

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