Mary Sammons
Title: Chairman and CEO
Company: Rite Aid
Company rank: 100
Age: 62
Compensation: $5.2 million
Mary Sammons is working overtime to get Rite Aid well, and it's been a long recovery. The company's 2007 acquisition of the Brooks and Eckerd chains hasn't paid off yet, as anxious consumers scale back spending.
And despite closing more than 200 stores last year and reducing capital expenses by some $50 million, Rite Aid reported a net loss of $2.9 billion on revenue of $26.3 billion for its fiscal year ended Feb. 28.
But Sammons is hoping to change that this year: Rite Aid introduced a national prescription savings card last fall that's attracted 1.7 million customers -- more than 30% of them new -- and the chain continues to build its private-label offerings aggressively.
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Last updated April 21 2009: 3:48 PM ET
RSSCompensation figures include salary, bonus, stock awards, option awards, non-equity incentive plan compensation, change in pension value and non-qualified deferred compensation earnings and all other compensation as reported in the company proxy statement. Figures are for 2008 unless otherwise noted.
