Petco made four key leadership changes: CEO Jim Myers became chairman and CEO, Brad Weston was named president, Steve Lossing was shifted to senior VP of operations, and Rebecca Frechette moved into the senior VP of merchandising role.
The new Petco president, Weston, was previously exec-VP, chief merchandising officer and president of Unleashed by Petco, a brand and format for which he is credited with creating and evolving.
Weston started as exec-VP, chief merchant at Petco in 2011 after holding various leadership positions in merchandising at Dick's Sporting Goods, Golf Galaxy and May Department Stores (now Macy's).
Lossing will fill the shoes of Tom Farello, who is retiring from the senior VP, operations role in 2016 after nine years. Lossing was previously senior VP of merchandising, responsible for all product assortment and merchandising strategy.
Farello led operational strategy and execution for more than 1,400 stores across the U.S., Mexico and Puerto Rico, including both the Animal Care and Pet Services teams. Lossing and Farello will work together on multiple projects until Farello's retirement.
Frechette, formerly Petco's senior VP of private brand, is also moving to a different senior VP role—merchandising. She will report to Weston and be responsible for all merchandising activities. Prior to Petco, Frechette was senior VP of merchandising for 7-Eleven.
"As Petco continues to evolve, these important leadership changes strengthen our ability to achieve our goals and move forward on key strategic initiatives, while also serving to recognize the talent and accomplishments of key leaders in our organization," Myers said. "I'm confident the expertise of our leadership team will further enable Petco to become the most complete retailer in the pet industry." Press Release