Petco Health and Wellness Company’s board of directors has appointed R Michael (Mike) Mohan as interim CEO with immediate effect.
The decision was taken after Ron Coughlin resigned as Petco’s CEO, chairman, and its board of directors.
Mohan has served as the lead independent director on the Petco board since 2021. He oversaw all parts of global operations, including sales, merchandising, marketing, supply chain management, services, and new business initiatives in more than 1000 stores and online platforms worldwide.
“Mike’s highly successful track record across multiple segments of the retail industry, deep knowledge of Petco and strong operational skills make him the ideal executive to ensure a seamless transition as Petco moves forward,” said Cameron Breitner, a Petco director.
In conjunction with his appointment, Mohan resigned from the board’s audit committee and was replaced by current board member Gary Biggs, as well as from the position of lead independent director.