Petmed Express (PETS) has shared an announcement.
PetMed Express, Inc. announced a leadership transition with Mathew Hulett stepping down as President and CEO, and Sandra Campos taking over the role. Hulett will assist with the transition until May 10, 2024, and receive severance perks, including accelerated vesting of restricted stock. Campos, with a diverse background in retail and fashion, including a stint as CEO of DVF, has been on the board since May 2023. Her employment agreement includes a three-year term with potential renewal, a base salary of $550,000, bonuses, and equity grants, along with standard executive benefits and severance provisions.
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