Frank Ho Named Rite Aid Vice President, Indirect Procurement
July 16 2015 - 8:00AM
Business Wire
Rite Aid Corporation (NYSE: RAD) announced today that Frank Ho,
currently senior director of indirect procurement, has been
promoted to vice president of indirect procurement.
In this position, Ho will oversee the Company’s procurement
strategy and all related operations, including systems, supplier
and contract management. Ho will report to Frank Vitrano, Rite Aid
senior executive vice president and chief administrative
officer.
“A valued member of Rite Aid’s indirect procurement group for
nearly seven years, Frank understands the importance of strategic
sourcing,” said Vitrano. “His knowledge of the Company paired with
his purchasing expertise will help Rite Aid meet its long-term cost
management goals and we look forward to realizing the additional
positive contributions from Frank and the entire indirect
procurement team.”
Ho is an indirect procurement and purchasing professional with
15 years of experience. Before joining Rite Aid, Ho served as a
sourcing and procurement consultant with Accenture, and held
various procurement roles at American Express. Ho joined Rite Aid
in 2008 as senior manager of indirect procurement before being
promoted to his current role in 2013, where he was responsible for
maintaining and enhancing the Company’s non-merchandise spend
management processes.
Ho received a bachelor’s degree in mathematics from New York
University; a bachelor’s degree in engineering from Stevens
Institute of Technology in Hoboken, N.J.; and a master’s of
business administration degree from Columbia University.
Rite Aid Corporation is one of the nation's leading drugstore
chains with nearly 4,600 stores in 31 states and the District of
Columbia and fiscal 2015 annual revenues of $26.5 billion.
Information about Rite Aid, including corporate background and
press releases, is available through the company's website at
www.riteaid.com.
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Rite Aid CorporationINVESTORS:Matt Schroeder, 717-214-8867or
investor@riteaid.comorMEDIA:Ashley Flower, 717-975-5718
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