Darren Karst — Senior Executive VP, CFO & Chief Administrative Officer at Rite Aid | Comparably
Rite Aid Corporation is one of the nation's leading drugstore chains with approximately 4,700 stores in 31 states and the District of read more
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762
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7826
Darren Karst — Senior Executive VP, CFO & Chief Administrative Officer at Rite Aid

Darren Karst — Senior Executive VP, CFO & Chief Administrative Officer at Rite Aid

Executive Bio

Mr. Darren W. Karst has been the Chief Administrative Officer and Senior Executive Vice President at Rite Aid Corporation since October 26, 2015. Mr. Karst has been the Chief Financial Officer of Rite Aid Corporation since August 20, 2014. Mr. Karst served as Executive Vice President at Rite Aid Corporation since August 20, 2014 until October 26, 2015. He was an Executive Vice President of Roundy's, Inc. since June 7, 2002 until August 9, 2014 and also served as its Assistant Secretary until August 9, 2014. He served as the Chief Financial Officer and Executive Vice President of Rac (Roundy's Acquisition Corporation), Holding company of Roundy's, Inc. since June 7, 2002. He served as the Chief Financial Officer, Executive Vice President and Assistant Secretary at Roundy's Supermarkets, Inc. since June 2002 and also served as its Principal Accounting Officer. He has significant experience in the supermarket industry. He served as the Chief Financial Officer of Roundy's, Inc. from June 2002 to July 24, 2014. He served as the Principal Accounting Officer of Roundy's, Inc. From 2000 to May 2002, Mr. Karst served as an Executive Vice President and Chief Financial Officer of Alliance Entertainment LLC. Mr. Karst served as the Executive Vice President of Finance and Administration of Dominick's Supermarkets Inc., since March 1996 and Senior Vice President, Chief Financial Officer and Secretary from March 1995 to 1998, where he held comparable positions. Mr. Karst joined The Yucaipa Companies, LLC in 1988 and was its General Partner from 1991 to 2002. Prior to 1988, he served as Manager of Ernst & Young LLP. Mr. Karst served as a Director of Dominick's Supermarkets Inc., since March 1995. He served as Director of Dominicks Finer Foods Inc., a subsidiary of Dominick's Supermarkets Inc. He is also a certified public accountant. He has a B.S. in Business Administration and Accounting from the University of Kansas.

Senior Executive VP, CFO & Chief Administrative Officer Impact on Finance Department's Culture

Darren Karst holds the highest position within the Finance department at Rite Aid — Senior Executive VP, CFO & Chief Administrative Officer, and therefore has influence on the culture of the Finance department.

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Executive Team Culture Ratings from Rite Aid Employees

BOTTOM
30%
Rite Aid's Executive Team scores in the Bottom 30%
of similar sized companies on Comparably
Who ranks the Executive Team the highest?
Department - Business Development 93/100
Department - Product 73/100
Ethnicity - African American/Black 71/100
Who ranks the Executive Team the lowest?
Tenure - 5 to 10 Years 49/100
Department - Operations 50/100
Department - Customer Support 54/100

Rite Aid's Executive Team at a Glance

Based on 456 ratings, Rite Aid's employees are less satisfied with their Executive Team and give them a ā€œC-ā€ or 59/100. On average, Men provided higher ratings for their Executive Team compared to Women. Also, the Business Development department thinks more highly of the Executive Team relative to the Operations department.

Rite Aid's Executive Team ranks in the Bottom 30% of other companies in Gettysburg, PA and Bottom 30% of other companies on Comparably that also have 10,000+ Employees.

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