Petco Health and Wellness Company, Inc. announced the Ron Coughlin has stepped down as Chairman, and member of the Board of Directors. He will serve as an advisor to the Board to support the leadership transition. The Board is conducting a comprehensive search for a permanent CEO with the support of a leading global executive search firm.

In conjunction with his appointment, Mohan stepped down from the Board's Audit Committee and has been replaced by current Board member Gary Biggs, and also stepped down from the Lead Independent Director role. The Board size has also been reduced from 11 to 10 with Coughlin's departure from the Board of Directors.