Rite Aid names new VP indirect procurement

CAMP HILL, Pa. — Rite Aid announced Thursday that 15-year veteran Frank Ho, currently senior director of indirect procurement, has been promoted to VP indirect procurement.  

 

Reporting to Frank Vitrano, Rite Aid SVP and chief administrative officer, Ho will oversee the company's procurement strategy and all related operations, including systems, supplier and contract management. 

 

“A valued member of Rite Aid's indirect procurement group for nearly seven years, Frank understands the importance of strategic sourcing,” Vitrano said. “His knowledge of [Rite Aid] paired with his purchasing expertise will help Rite Aid meet its long-term cost management goals and we look forward to realizing the additional positive contributions from Frank and the entire indirect procurement team.”

 

Before joining Rite Aid, Ho served as a sourcing and procurement consultant with Accenture, and held various procurement roles at American Express. Ho joined Rite Aid in 2008 as senior manager of indirect procurement before being promoted to his current role in 2013, where he was responsible for maintaining and enhancing the company's non-merchandise spend management processes.  

 

Ho received a bachelor's degree in mathematics from New York University; a bachelor's degree in engineering from Stevens Institute of Technology in Hoboken, N.J.; and a master's of business administration degree from Columbia University.