Appoints James
Roth as Chief Stores Officer
Appoints Shari White as Interim Chief Merchant
SAN DIEGO, May 28, 2024 /PRNewswire/ -- Petco Health and
Wellness Company, Inc. (Nasdaq: WOOF), today announced the
evolution of the Executive Leadership Team as a part of the
Company's ongoing efforts to simplify decision making, focus on
fewer and clearer priorities, and empower the organization to move
with greater speed and agility.
"Today's changes to our leadership team will accelerate Petco's
initiatives to drive retail excellence as we execute on our
operational reset," said Interim Chief Executive Officer
(CEO) Mike Mohan. "Across the
business, we are streamlining the organization to empower faster
and more effective implementation of best practices on the path to
restoring our profitability."
Chief Stores Officer
As a part of the changes
announced today, James Roth has been
appointed Chief Stores Officer, reporting directly to Interim CEO
Mike Mohan. In this role, Roth will
lead operations across all Pet Care Centers in the United States and Puerto Rico.
Roth most recently served as Executive Vice President, Stores
for Abercrombie & Fitch Co., where he led the stores team
across 5 brands, 16 countries and more than 800 stores. He has held
numerous senior retail roles during his 20-plus year career.
Additionally, Justin Tichy has
made the decision to depart the Company, and the Chief Operating
Officer role has been eliminated.
Interim Chief Merchant
Shari
White has been appointed Interim Chief Merchant, reporting
directly to Mike Mohan. White
joined the company six years ago from consumer products company
Perrigo, where she served as Director of Sales, Target. She
previously served in merchandising and brand management roles at
Target and Unilever.
The Company will be conducting a comprehensive internal and
external search for a permanent Chief Merchant with the support of
a leading global executive search firm. Amy
College, current Chief Merchandising and Supply Chain
Officer will be leaving the Company on August 17, 2024.
"I want to thank Justin and Amy for their years of service to
Petco," continued Mohan. "They have been instrumental in the
development of our omnichannel pet health and wellness ecosystem,
while supporting our purpose to improve the lives of pets, pet
parents and Petco partners."
Expanding Executive Leadership Team
As a part of the
Company's goal to simplify decision making and empower the
organization to move with greater speed and agility, the company is
expanding the Executive Leadership Team to include:
- Tim Buckenberger, SVP,
Merchandise Planning, Inventory & Supply Chain
- Steve Janowiak, VP Digital
- Stephen Reyes, SVP,
Services
- James Roth, Chief Stores
Officer
- Shari White, Interim Chief
Merchant
About Petco, The Health + Wellness Co.
Founded
in 1965, Petco is a category-defining health and wellness company
focused on improving the lives of pets, pet parents and our own
Petco partners. We've consistently set new standards in pet care
while delivering comprehensive pet wellness products, services and
solutions, and creating communities that deepen the pet-pet parent
bond. We operate more than 1,500 pet care centers across the U.S.,
Mexico and Puerto Rico, which offer merchandise,
companion animals, grooming, training and a growing network of
on-site veterinary hospitals and mobile veterinary clinics. Our
complete pet health and wellness ecosystem is accessible through
our pet care centers and digitally at
petco.com and on the
Petco app. In tandem with
Petco Love, a life-changing
independent nonprofit organization, we work with and support
thousands of local animal welfare groups across the country and,
through in-store adoption events, we've helped find homes for more
than 7 million animals.
Forward-Looking Statements:
This press release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, concerning
expectations, beliefs, plans, objectives, goals, strategies, future
events or performance and underlying assumptions and other
statements that are other than statements of historical fact.
Although Petco believes that the expectations and assumptions
reflected in these statements are reasonable, there can be no
assurance that these expectations will prove to be correct.
Forward-looking statements are subject to many risks and
uncertainties, including, but not limited to, the following: our
ability to successfully manage leadership transitions, execute on
our strategy and drive profitability, and the risk factors we
identify in our Securities and Exchange Commission filings, and
actual results may differ materially from the results discussed in
such forward-looking statements. Petco undertakes no duty to update
publicly any forward-looking statement that it may make, whether as
a result of new information, future events or otherwise, except as
may be required by applicable law, regulation, or other competent
legal authority.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/petco-health--wellness-company-inc-announces-evolution-of-leadership-team-302157156.html
SOURCE Petco Health and Wellness Company, Inc.