An update from Petco Health and Wellness Company (WOOF) is now available.
Petco Health and Wellness Company, Inc. has appointed Joel D. Anderson as its new CEO, effective July 29, 2024, with R. Michael Mohan transitioning to lead a new Board committee on value creation. Anderson, previously at Five Below, Inc. and Walmart.com, brings extensive retail leadership experience to the role. His compensation includes a $1.3 million base salary and substantial equity awards, alongside other benefits and severance provisions. Anderson’s appointment aims to drive forward Petco’s strategic objectives and stockholder value.
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