GNC appoints new CEO, CFO
The new owner of GNC has made two key appointments to the company's leadership team.
The specialty health and wellness retailer announced that Josh Burris will assume the role of CEO, effective immediately. He joined GNC as chief U.S. officer in 2019 and most recently held the role of president, GNC.
In addition, the retailer appointed Cam Lawrence as CFO, effective immediately. Lawrence joined GNC in 2019 as senior VP finance, chief accounting officer and has acted as interim CFO during the past several months.
The appointments follow GNC's restructuring last year, which the company completed with new ownership, a reduced store portfolio and clean balance sheet. GNC filed for bankruptcy in June 2020, and several months later sold its assets to its largest shareholder, Harbin Pharmaceutical Group Holding Co.
"We are pleased to have great leaders at the helm of GNC at this pivotal time in its evolution," said Yichen Zhang, chairman of GNC. "We have been working closely with Josh and Cam since Harbin Pharmaceutical Group Holding Co., Ltd. acquired GNC in 2020, and are impressed by the strides their teams have made in evolving GNC's business over the past year. We are confident the business will continue to capitalize on significant growth opportunities under their leadership."
This story originally appeared on Chain Store Age.