Rite Aid has named Elizabeth “Busy” Burr, a member of the company’s board, as interim CEO effective immediately.
Burr’s appointment follows Heyward Donigan’s departure from the company as president and CEO, and as a member of the board. The company has also initiated a search to identify a permanent CEO.
Burr previously served as vice president, head of Health Ventures and chief innovation officer at Humana, a $70 billion for-profit U.S. health insurance company. Most recently, at Carrot Inc., she served as president/CEO, leading the team focused on bringing the company’s digital health solutions to market.
Previously, Burr served as managing director of Citi Ventures and global head of Business Incubation of Citigroup Inc. as well as entrepreneur-in-residence at eBay Inc. She has also held various senior leadership roles at Credit Suisse Group AG (formerly Credit Suisse First Boston) and Gap Inc., where she served as vice president of Global Brand Management.
“Having served as a director since 2019, I have great respect for the important role Rite Aid plays as a full-service pharmacy improving health outcomes for millions of Americans,” Burr said. “I will work with the board and management team to realize our vast potential while supporting our thousands of pharmacists and team members who are focused every day on meeting the needs of our communities and customers.”