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Petco Health and Wellness Company (WOOF) just unveiled an announcement.
Petco Health and Wellness Company announced that Joel D. Anderson has taken over as CEO, succeeding interim CEO R. Michael Mohan, who now chairs the newly-formed Value Creation Committee. Mohan receives a $250,000 annual fee for this role, replacing his typical non-employee director compensation. Additionally, amendments were made to Mohan’s existing stock options, allowing them to vest over five months post-transition, contingent on his continued board service.
See more data about WOOF stock on TipRanks’ Stock Analysis page.
