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Rite Aid: Investors Vote 5-1 Against $3M Bonus for CEO Whose Deals Failed

Stock Market Quotes and News

Shares of Rite Aid, the Camp Hill, Pa. -based drugstore chain, rose 3 cents to $1.08 in trading Tuesday after 84 percent of shareholders voted against the company's proposed executive pay package including a $3 million bonus for chief executive John T. Standley , according to the International Brotherhood of Teamsters labor union, which represents some Rite Aid workers and holds shares in the struggling company...

Mentions: Investors 3M Teamsters