1.0International Brotherhood of Teamstershttps://teamster.orgInternational Brotherhood of Teamstershttps://teamster.org/author/jeff/Teamsters Challenge Executive Pay-For-Failure at Rite Aid Following Albertsons Debacle - International Brotherhood of Teamstersrich600338<blockquote class="wp-embedded-content" data-secret="nKzzP6KJel"><a href="https://teamster.org/2018/10/teamsters-challenge-executive-pay-failure-rite-aid-following-albertsons-debacle/">Teamsters Challenge Executive Pay-For-Failure at Rite Aid Following Albertsons Debacle</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://teamster.org/2018/10/teamsters-challenge-executive-pay-failure-rite-aid-following-albertsons-debacle/embed/#?secret=nKzzP6KJel" width="600" height="338" title="“Teamsters Challenge Executive Pay-For-Failure at Rite Aid Following Albertsons Debacle” — International Brotherhood of Teamsters" data-secret="nKzzP6KJel" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://teamster.org/wp-content/uploads/2018/12/rite-aid-logo_0.png565411(WASHINGTON) – Today, the International Brotherhood of Teamsters called on fellow Rite Aid Corp. (NYSE:RAD) shareholders to vote against the company’s “Say-on-Pay” proposal at the upcoming annual shareholder meeting and reject windfall payouts to executives following two failed merger attempts. The vote comes less than three months after Rite Aid was forced to terminate its merger agreement with Albertsons Companies, Inc. amid widespread investor opposition to the deal, and sixteen months since the collapse of the proposed Walgreen Boots Alliance Inc., (NYSE:WBA) merger.