July 29, 2013
GNC Holdings, Inc.
the nation's largest specialty retailer of health, wellness and sports nutrition products, today announced that it has named
as Executive Vice President, Business Development. Mr. Fortino comes to GNC with extensive experience in the natural products industry and was also a former Director of General Nutrition, Centers, Inc. from 2007-2011.
, GNC's Chairman, President & Chief Executive Officer, said, "Carmine is a great addition to the GNC senior management team. His background in multi-channel development across the health & wellness segment will enhance our approach to new market opportunities as we continue to implement GNC's proven growth strategy."
Mr. Fortino is a seasoned executive with extensive high-level experience leading multi-brand, multi-channel environments augmented by a solid background in supply chain logistics.
Most recently, Mr. Fortino was President of North American operations for Atrium Innovations, Inc., a Canadian natural health products company. In that role, his focus was on directing and building strong brand positions within the Health Food Store, Health Care Professional and Direct to Consumer channels. He is also a former CEO of Seroyal International, Inc., a
-based natural nutraceutical company.
Prior to that, Mr. Fortino held various management roles within Loblaw Companies Limited, including Executive Vice President of
operations. Earlier, he served as Executive Vice President of Zehrmart Limited, an
-based grocery chain owned by Loblaw Companies Limited.
GNC Holdings, Inc., headquartered in
, is a leading global specialty retailer of health and wellness products, including vitamins, minerals, and herbal supplement products, sports nutrition products and diet products, and trades on the New York Stock Exchange under the symbol "GNC."
June 30, 2013
, GNC has more than 8,300 locations, of which more than 6,200 retail locations are in
the United States
(including 969 franchise and 2,189 Rite Aid franchise store-within-a-store locations) and franchise operations in 55 countries (including distribution centers where retail sales are made). The Company – which is dedicated to helping consumers Live Well – has a diversified, multi-channel business model and derives revenue from product sales through company-owned retail stores, domestic and international franchise activities, third party contract manufacturing, e-commerce and corporate partnerships. GNC's broad and deep product mix, which is focused on high-margin, premium, value-added nutritional products, is sold under GNC proprietary brands, including Mega Men®, Ultra Mega®, Total Lean™, Pro Performance®, Pro Performance® AMP, Beyond Raw®, and under nationally recognized third party brands.
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