Money
Petco Welcomes New Leadership to Boost Growth and Retail Excellence
2025-02-19

American pet supplies giant Petco is undergoing a strategic transformation with the addition of three new executives to its C-suite. This move aims to strengthen the company's retail operations and drive profitability. The appointments include Sabrina Simmons as Chief Financial Officer, Michael Romanko as Chief Customer and Product Officer, and Jack Stout as Chief Merchandising Officer. These seasoned professionals bring extensive experience from leading retail organizations, poised to propel Petco towards renewed growth and operational excellence.

The leadership changes come at a pivotal time for Petco, which operates over 1,500 pet care centers across the United States, Mexico, and Puerto Rico. The company has been focusing on enhancing its retail fundamentals and improving profit margins. CEO Joel Anderson, who joined the company recently, emphasized that these new hires will play a crucial role in advancing key initiatives. Their expertise in finance, merchandising, and customer experience is expected to unlock greater value for all stakeholders.

Simmons joins Petco from Gap Inc., where she served as CFO, bringing deep financial acumen to her new role. Her responsibilities will encompass overseeing financial strategy and ensuring sustainable growth. Meanwhile, Romanko, formerly of Five Below Inc., will focus on elevating the customer experience and expanding product offerings. His background in merchandising and marketing will be instrumental in aligning products with customer needs. Lastly, Stout, previously an executive vice president at 7-Eleven Inc., will lead merchandising efforts, leveraging his extensive retail experience to optimize inventory and sales strategies.

The introduction of this robust leadership team signals Petco's commitment to revitalizing its retail operations and fostering innovation. With their combined expertise, the company is well-positioned to enhance its market presence and deliver superior value to customers, partners, and shareholders alike. As Petco continues to evolve, these leaders will guide the organization toward achieving its strategic goals and maintaining its position as a leader in the pet care industry.

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