Mr. Michel Coutu is Non-Executive Co-Chairman of the Board. He was President of the U.S. operations of Jean Coutu Group and Chief Executive Officer of Jean Coutu USA, positions he had held from 1986 until June 2007. He had also served as a member of the board of directors of Jean Coutu Group since December 1985. Mr. Coutu holds a degree in finance and a license in law from the University of Sherbrooke and a masters in business administration from the Simon School of Business at the University of Rochester. He is a member of the Board of the National Association of Chain Drug Stores, a trade association. Mr. Michel Coutu was appointed as a Rite Aid director (and as Non-Executive Co-Chairman) pursuant to board representation rights granted to Jean Coutu Group under the stockholder agreement in connection with the Brooks/Eckerd Transaction. |