Report highlights salary of GNC interim CEO
On Thursday, GNC Holdingsannounced it had appointedboard member and former PetSmart executive Robert F. Moran as interim CEO, replacing the departing Michael G. Archbold.
The acting CEO is being paid a monthly salary of $83,000, along with a short-term cash incentive award of as much as $450,000, according to a report by thePittsburgh Business Times.
In addition, the report, which cited a filing by the U.S. Securities and Exchange Commission, said, Moran will be provided with “reasonable use” of the chain’s corporate aircraft to commute to and from Pittsburgh to conduct company business.
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