STOCK TITAN

Petco Appoints Veteran Retail Leader Amy College as Chief Merchandising Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Petco Health and Wellness Company (Nasdaq: WOOF) announced the appointment of Amy College as Chief Merchandising Officer, effective February 13, 2022. College, who joined Petco in September 2019, will oversee the company's global merchandising strategy and join the Executive Committee. She succeeds Nick Konat, who is leaving the company. Petco CEO Ron Coughlin highlighted College's significant role in Petco's transformation and expressed confidence in her ability to strengthen the company's market position and product assortment.

Positive
  • Amy College's appointment may provide fresh perspectives and leadership to enhance Petco's global merchandising strategy.
  • Her experience in driving growth initiatives positions her well to strengthen exclusive and owned brand offerings.
Negative
  • The departure of Nick Konat raises potential concerns about continuity and experience in the leadership team.

SAN DIEGO, Feb. 11, 2022 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) today announced Amy College has been named Chief Merchandising Officer, effective Feb. 13, 2022. In this role, College will be responsible for developing and driving Petco's global merchandising strategy across all categories, visual merchandising and merchandising operations. She will also serve on Petco's Executive Committee.

College, who joined Petco in September 2019 as Senior Vice President, Operations & Strategy and Territory General Manager, has played an integral role in Petco's transformation, overseeing a variety of strategic growth initiatives for the company in recent years. Previously, College spent more than 20 years in merchandising and category management leadership roles at Best Buy—from buyer to vendor management to Chief Category Officer. She succeeds Nick Konat, who will be leaving Petco.

"Amy is an accomplished senior merchandising leader with a wealth of experience and a track record of success at Petco," said Petco CEO, Ron Coughlin. "Throughout Petco's transformation, Amy has played a key role in driving our health and wellness strategy and leading high performing teams. As our business continues to evolve, I'm confident she will help Petco deepen the competitive moats around our assortment—including exclusive and owned brands—as we deliver on our mission to improve the lives of pets and pet parents."

About Petco, The Health + Wellness Co.
Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and our own Petco partners. Since our founding in 1965, we've been striving to set new standards in pet care, delivering comprehensive wellness solutions through our products and services, and creating communities that deepen the pet-pet parent bond. We operate more than 1,500 Petco locations across the U.S., Mexico and Puerto Rico, including a growing network of more than 150 in-store veterinary hospitals, and offer a complete online resource for pet health and wellness at petco.com and on the Petco app. In tandem with Petco Love (formerly the Petco Foundation), an independent nonprofit organization, we work with and support thousands of local animal welfare groups across the country and, through in-store adoption events, we've helped find homes for more than 6.5 million animals.

Petco Media Contact:
Ventura Olvera 
ventura.olvera@petco.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/petco-appoints-veteran-retail-leader-amy-college-as-chief-merchandising-officer-301480539.html

SOURCE Petco Health and Wellness Company, Inc.

FAQ

What is the significance of Amy College's appointment as Chief Merchandising Officer at Petco (WOOF)?

Amy College's appointment is significant as she is expected to enhance Petco's global merchandising strategy and strengthen competitive advantages, leveraging her extensive experience.

What experience does Amy College bring to her new role at Petco (WOOF)?

Amy College brings over 20 years of experience in merchandising and category management, including a prior role as Chief Category Officer at Best Buy.

When did Amy College join Petco (WOOF)?

Amy College joined Petco in September 2019.

Who did Amy College succeed as Chief Merchandising Officer at Petco (WOOF)?

Amy College succeeded Nick Konat, who is leaving Petco.

What did Petco CEO Ron Coughlin say about Amy College's role?

Ron Coughlin praised Amy College for her integral role in Petco's transformation and expressed confidence in her ability to enhance the company's merchandising strategy.

Petco Health and Wellness Company, Inc.

NASDAQ:WOOF

WOOF Rankings

WOOF Latest News

WOOF Stock Data

1.05B
79.79M
4.23%
128.1%
8.33%
Specialty Retail
Retail-retail Stores, Nec
Link
United States of America
SAN DIEGO