GNC Holdings names Ken Martindale CEO

MarketsAssociated Press

GNC Holdings Inc. named Ken Martindale its new CEO, a year after Michael G. Archbold resigned amid a company-wide strategic review process.

The Pittsburgh-based nutritional supplements company has been lead in the interim by Robert F. Moran, who will remain as non-executive chairman of the board of directors.

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GNC said Wednesday Michael F. Hines will step down as chairman, but remain on the board of directors. The changes are effective Sept. 11.

Martindale most recently served as CEO of Rite Aid Stores and president of Rite Aid Corp.