Petco has appointed Joel Anderson to serve as CEO, effective July 29. In addition, Anderson has been elected to serve on the company’s Board of Directors. Michael Mohan will transition from his current role as interim CEO on July 29 to chair a new Board committee focused on Petco’s ongoing value creation initiatives. Most recently, Anderson served as the CEO of Five Below. Anderson previously served for three years as the President and CEO of Walmart.com, and for four years before that as divisional Senior Vice President of the Northern Plains division of Walmart stores. Anderson currently serves as a director of Sprouts Farmers Market.
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