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After graduating from Sahuaro High School, he enrolled at the University of Arizona. He graduated from the University of Arizona in accounting in 1974 and pharmacy in 1980. He married Susan Naber, also a UA graduate, and the couple has two children, one son and one daughter (James Rein).
Rein had been with Walgreens for 27 years. He joined the company as an assistant manager in 1982, was promoted to store manager in 1984, district manager in 1990, divisional vice president and treasurer in 1996 and vice president of marketing systems and services in 2000. Rein was appointed executive vice president of marketing in 2001 and promoted to president and chief operating officer in 2003. In 2006, he became chief executive officer and was named chairman in 2007. Rein succeeded David Bernauer for the position of Chairman.
Rein published a weekly article on the Walgreens intranet called ReinDrop where he related current store events and words of wisdom and encouragement to Walgreens employees.
Rein resigned from Walgreens on October 10, 2008.
- Taylor, Donald D.; Archer, Jeanne Smalling (2005). Up Against the Wal-Marts: How Your Business Can Prosper in the Shadow of the Retail Giants. AMACOM. p. 13. ISBN 9780814473009. Retrieved 27 November 2014.
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