GNC Names Former Rite Aid Exec CEO
GNC Holdings announced that its board of directors has appointed Ken Martindale as chief executive officer, effective Sept. 11. Martindale most recently served as CEO of Rite Aid Stores and president of Rite Aid Corporation, where he was instrumental in leading the company's transformation, including the roll out of a new store format and an expansion of the company's loyalty program.
Martindale started with Rite Aid in 2008, working his way from senior executive vice president of merchandising to CEO.
"Ken is a proven leader with deep retail expertise, intimate knowledge of our business through his years of leadership with our partner, Rite Aid, and a record of success in transforming retail business models," said Michael Hines, a member of GNC’s board of directors.
Next year marks 20 years since GNC first partnered with the Rite Aid pharmacy chain to place more than 2,000 GNC stores-within-a-store at Rite Aid locations.