Latest OnLine Editon  Read Here

manheim seattle manheim seattle

Rite Aid CEO Joins CarMax Board Featured

CarMax Inc. announced that its board of directors has elected John T. Standley to membership on the board, bringing total board membership to 12.

Standley will serve on the Audit Committee.

Standley is the chairman and chief executive officer of Rite Aid Corp. He has served as CEO since 2010 and chairman of the board since 2012.

Standley was president of Rite Aid from 2008 until 2013 and its chief operating officer from 2008 until 2010. He previously served as CEO and as a director of Pathmark Stores from 2005 to 2007.

Last modified on Thursday, 18 August 2016 16:55
Rate this item
(0 votes)

Ted Craig

  • The Good, The Ad and the Ugly
    As I've said before, marketing is hard. I'm sure the folks at Hyundai thought this ad was clever, but now they are being criticized for promoting irresponsible behavior. Oddly, they…
  • Investor Sounds Good
    There is a conservative blowhard named Stephen Green who claims in his bio to be an investor. He often blathers on about the "coming meltdown" in auto finance. He's one…
  • The Sound of Velcro
    This article tells us that "even young, hip Americans don’t want to use mobile payment apps." You could replace "mobile payment apps" with all kinds of technology. We assume people…
  • Which Song Shall We Sing?
    If I were to pick a song to play while reading the latest coverage of the state of auto finance, it would be this one. But while most people are…
  • Market Priority
    One of those Truth conspiracy ads against “Big Tobacco” says that cigarette makers have labeled blacks as a “market priority.” The woman in the ad says it as if that…
  • After It Happens
    Yesterday, I discussed on how regulation happens, which boils down to a combination of good intentions and unintended consequences. After writing that blog, I cam across an article in my…
  • How It Happens
    I read a couple of passages that really clarify how regulation happens. The first comes from the book “Drop Dead Healthy” by A.J. Jacobs. Jacobs spends a chapter covering topics…
  • Have You Heard About the Lonesome Loser?
    His name is Sergio. I was never a fan of this merger. Now the question is how long until the music stops.
  • Piles of Pants
    My oldest daughter works in retail, so I think about it a lot. Right now seems a scary time for the industry. But those suffering the most are what I…
  • We Work for You
    I guess I'm supposed to congratulate the staff of The Storm Lakes Times for winning a Pulitzer. Yes, it's a major accomplishment for a small-town newspaper. Of course, it's not…