SAN
DIEGO, Aug. 9, 2022 /PRNewswire/ -- Petco
Health and Wellness Company, Inc. (NASDAQ: WOOF) today announced an
evolution in its organizational design and new roles to enable
continued growth by fully leveraging its end-to-end ecosystem for
customers. Through its unique model, including over 200 veterinary
hospitals and over a thousand veterinary clinics, grooming,
training and leading owned and exclusive brands, Petco serves over
24 million customers how, where and when they want to shop.
To further align its leadership team to activate Petco's
strategy that puts the customer first, the company made the
following key appointments:
- Amy College, Chief Merchandising
Officer, is taking on responsibility for demand planning. This move
is designed to allow her and her teams to drive an even sharper,
integrated view of product and customer demand. Amy's experience
running omni-channel businesses and demand planning at Best Buy
will be invaluable in this expanded role.
- Jason Heffelfinger, Senior Vice
President Services, has been promoted to Chief Services Officer.
Jason has been central to the build-out of the company's owned vet
model, including the acquisition of its Thrive joint venture and
smaller veterinary hospitals. He also has led the rapid
acceleration of Petco's grooming business.
- Darren MacDonald, Chief Digital
and Innovation Officer, is taking on an expanded role as Chief
Customer Officer. In this new role, Darren will lead
customer-focused teams including his current Digital team, as well
as Marketing, Membership, Loyalty, Enterprise Analytics/Data
Science and Customer Service. As Chief Customer Officer, Darren
will build on his previous experience leading customer centric
organizations at Jet, Walmart.com and IAC.
- Justin Tichy, Chief Pet Care
Center Officer, has been appointed Chief Operating Officer, taking
on additional responsibility for company-wide logistics including
oversight of the company's distribution centers. Justin will
continue to run Petco's over 1,400 Pet Care Centers in the U.S.
and, by tightening the link between distribution and Pet Care
Centers, the right inventory will be in the right places to meet
customer demand. Justin will leverage his tremendous experience
across Walmart, Target and Best Buy to drive excellence across our
Pet Care Centers and Distribution.
The company also announced that Mike
Nuzzo, Chief Operating Officer and President of Services,
will be leaving Petco after more than seven years of service to the
company.
"These appointments and our organizational design are emblematic
of our focus on putting the customer and data at the center of
everything we do as we meet the customer need of a single partner
for the health and wellness needs of their pet. It also manifests
our dedication to driving operational excellence. Lastly, it
highlights the tremendous talent we have at Petco and our focus on
developing that talent," said Petco CEO, Ron Coughlin.
"I also want to express my deep thanks to Mike who has served in
many leadership roles at Petco, from CFO to COO and President of
Services, and who has left an indelible mark on our company," Ron
concluded.
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 (formerly the Petco Foundation), an 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 6.5 million
animals.
Cautionary Note Regarding 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 the risk factors that Petco identifies in
its 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.
Investor Relations:
investorrelations@petco.com
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SOURCE Petco Health and Wellness Company, Inc.