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GNC taps Rite Aid chief as CEO
Ken Martindale has stepped down as chief executive of Rite Aid Stores to take the reins of the struggling GNC Holdings. The specialty retailer of vitamins and supplements on Wednesday announced that Ken Martindale would succeed GNC interim CEO Bob Moran, effective Sept. 11. As part of the transition, Moran will become chairman, replacing Michael F. Hines, who will remain on the board. -
Abercrombie & Fitch names CFO
It's a homecoming for Abercrombie & Fitch Co.'s next finance head. The teen apparel retailer appointed Scott D. Lipesky as senior VP and CFO, effective October 2, 2017. Lipesky most recently served as CFO of American Signature Inc., a privately-held home furnishings company. Prior to that, he spent nine years with Abercrombie in a variety of finance roles, most recently as CFO of Hollister Co.

