Petco board terminates Chief Customer Officer Darren MacDonald

In a regulatory filing, the company stated: “On April 4, 2024, the Board of Directors of Petco Health and Wellness Company, Inc. approved the termination of employment of Darren MacDonald, the Company’s Chief Customer Officer, effective as of April 12, 2024, which constitutes a termination of Mr. MacDonald’s employment without cause under the Company’s Executive Severance Plan. Subject to his execution of a release of claims, Mr. MacDonald will be eligible for the separation benefits set forth under the Company’s Executive Severance Plan and his outstanding award agreements.”