The latest update is out from Petco Health and Wellness Company (WOOF).
On May 13, 2024, Petco Health and Wellness Company, Inc. finalized a stock purchase agreement, selling over 1.47 million shares to GSSB Corporation at $1.70 each, with Glenn Murphy agreeing to a multi-year holding period for these shares. Concurrently, Murphy was appointed Executive Chairman of Petco’s Board, bringing extensive retail leadership experience from past CEO roles at The Gap, Inc. and Shoppers Drug Mart. His appointment is bolstered by a substantial compensation package including salary, potential bonuses, and various stock options, all designed to align his interests with the company’s long-term success.
See more data about WOOF stock on TipRanks’ Stock Analysis page.