Petco Health and Wellness Company, Inc. announced the appointment of Glenn Murphy as Executive Chairman of the Board of Directors, effective immediately. As Executive Chairman, Murphy will support the Petco leadership team's focus on improving profitability while implementing strategic actions to drive long-term growth. He will play a lead role in the Board of Directors' ongoing search for a permanent Chief Executive Officer.

Murphy is currently the CEO of the high-impact, consumer-focused investment firm FIS Holdings. Prior to founding FIS Holdings, he served as Chairman of the Board, including in the role of Executive Chairman for an interim period, at lululemon athletica inc. Murphy also served as Chairman and CEO at Gap, Inc. from 2007- 2014. Murphy previously served as Chairman and CEO of Shoppers Drug Mart Inc. He began his career and spent over a decade at Loblaw Companies.

Following these changes, Petco Health and Wellness Company, Inc.'s Board of Directors will be composed of eleven members.