Rite Aid

Camp Hill, Pennsylvania
Food and Staples Retailing

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Rite Aid often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Rite Aid occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Rite Aid

Matt Schroeder

Matt Schroeder

Summary:

Headquartered in Camp Hill, Pennsylvania, Rite Aid is a member of the Fortune 250 operating in the Food and Staples Retailing industry. Matt Schroeder and Bruce G. Bodaken serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $18,250 to Republican causes and $195,274 to Democratic causes. Under their tenure, Rite Aid currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$18,250

$195,274

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of Resolution
Mgmt Rec
Total Vote % in Favor
7/27/22GovernanceKenneth SteinerAdopt Simple Majority VoteAgainst62.50%
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