logo
Share SHARE
FONT-SIZE Plus   Neg

GNC Holdings EVP & CFO Michael Nuzzo Resigns - Quick Facts

GNC Holdings Inc. (GNC), global specialty retailer of health and wellness products, announced Michael Nuzzo - Executive Vice President & Chief Financial Officer - has tendered his resignation in order to accept an executive position at a private equity funded consumer products company.

The company stated that Nuzzo will remain with the Company at least through July 18, 2014, which will include preparation of its second quarter 2014 earnings release and 10Q, both of which are expected to be issued on the normal schedule in late July or early August.

The company intends to immediately commence a search for a new Chief Financial Officer.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Saudi Arabia is reportedly considering to list its state-run oil behemoth Saudi Aramco in New York Stock Exchange. According to a WSJ report, citing people familiar with the matter, Aramco prefers to float its shares on the NYSE, or in London or Toronto after discussion to list on an Asian stock exchange... Anglo-Australian mining giant BHP Billiton plc reported Tuesday a profit in its first half, compared to last year's hefty loss on sharply lower one charges. Underlying EBITDA, a key earnings metric, climbed 65 percent with higher production and prices. The company further lifted its dividend by 150 percent. Shares of HSBC Holdings Plc declined around 4 percent in Hong Kong trading after the Asia-focused lender reported wider net loss in its fourth quarter amid weak net interest income. Further, the company maintained its dividend, and said its Board plans a further $1.0 billion share buy-back, which is expected to complete in the first half of 2017.
comments powered by Disqus
Follow RTT