Petco Health and Wellness Company has appointed former Walmart.com president and CEO Joel D Anderson as CEO, effective July 29.
“Over the course of his impressive career he has demonstrated the ability to build and lead great teams while creating significant shareholder value,” said Glenn Murphy, executive chairman of Petco’s board of directors.
“I look forward to working closely with him as he leads Petco’s initiatives to improve operating and financial results.”
Anderson has also been elected to serve the company’s board of directors.
Prior to the new role, Anderson served as president and CEO of the specialty discount store chain Five Below.
Meanwhile, current interim CEO R Michael Mohan will transition to chair a new board committee focused on the pet retailer’s value creation activities.