Petco Appoints Omnichannel Veteran R. Michael Mohan as Lead Independent Director
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today announced that its Board of Directors has appointed R. Michael (Mike) Mohan as Lead Independent Director.
Mohan joined Petco’s Board of Directors in March 2021 and will continue to serve on its Audit Committee. Mohan is a seasoned retail leader and most recently served as the President and Chief Operating Officer of Best Buy Co., Inc. As President and COO, he was responsible for the operations of Best Buy’s U.S. and International businesses and led services, customer experience, category management, merchandising, marketing and supply chain.
“We’re fortunate to have a leader of Mike’s caliber and experience take on the important role of Lead Independent Director as we continue to execute on our transformation and growth strategy,” said Ron Coughlin, Chairman and CEO of Petco. “His experience leading Best Buy through a successful transformation towards services and e-commerce as well as how to hire, train and motivate teams has been an important asset on our board and will continue to serve Petco well.”
“Petco has executed a remarkable transformation, and it’s an honor to take my role on Petco’s board to a new level,” said Mohan. “Petco’s mission to improve the lives of pets and those that work at Petco combined with its differentiated strategy and proven executional capability has already made it a formidable player in the category, and I’m excited to help accelerate progress against the company’s strategy and people agenda.”
Mohan joined Best Buy in 2004 and served in a variety of leadership roles, including COO of its U.S. business and Chief Merchandising and Marketing Officer. Through these roles, Mohan demonstrated his extensive retail industry expertise, management experience and digital marketing acumen. He also serves on the Board of Directors of Bloomin’ Brands, Inc. and as a national trustee for the Boys & Girls Club of America.