NEWS FEED & ADDITIVE MAGAZINE August 2024 97 Petco Health and Wellness Company, Inc. announced that the company's Board of Directors appointed Joel D. Anderson to serve as Chief Executive Officer (CEO). In addition, Anderson has been elected to serve on the company's Board of Directors. "Joel is an inspirational leader and a highly experienced retail CEO," said Glenn Murphy, Executive Chairman of the Board of Directors. "Over the course of his impressive career he has demonstrated the ability to build and lead great teams while creating significant shareholder value. I look forward to working closely with him as he leads Petco's initiatives to improve operating and financial results." "I am excited to join Petco at a pivotal time as we reposition the business for a stronger future," expressed Joel Anderson. "Petco is the leader in pet health and wellness and I see many opportunities to improve performance. I look forward to working closely with Glenn, the leadership team, and the Board of Directors to create value for all our stakeholders." R. Michael Mohan will transition from his current role as interim Chief Executive Officer on July 29, 2024 to chair a new Board committee focused on Petco's ongoing value creation initiatives. He will be working with Anderson to ensure a smooth leadership transition and continued execution towards the company's objectives. "On behalf of the Board of Directors, I extend our deepest gratitude to Mike for his dedication and leadership," Murphy continued. "He has made a meaningful impact as our interim CEO over the past few months, effectively stabilizing our operations and setting us on the path for continued improvements in performance." Read more>> Petco appoints Joel D. Anderson as CEO Joel D. Anderson In its mission-driven work to provide the U.S. animal food industry with tools to support industry members in developing and advancing internal sustainability programs, the Institute for Feed Education and Research (IFEEDER) added new materials to its Animal Food Industry Sustainability Toolkit. The new resource defines 16 material issue areas identified as important for consideration in animal food industry sustainability efforts. “As the animal food industry continues to navigate the complex landscape of sustainability, the need for well-defined, actionable guidance has never been more important,” said Lara Moody, IFEEDER Executive Director. “This new resource addresses that need by describing the scope of each issue in conjunction with real-world examples underway within the industry.” In phase one of its Sustainability Road Map project, IFEEDER identified 16 key issues that are material to the animal food industry and its stakeholders. These issues span three main pillars: People, Planet and Governance. The new, comprehensive resource, launched today, offers detailed descriptions of each issue, insights into its potential value to the industry and illustrative examples from industry members that highlight the tangible benefits of addressing these issues. The materials developed through this project will be added to the toolkit and are also available for all animal food industry stakeholders on IFEEDER’s website. Read more>> IFEEDER focuses on 16 material issue areas for sustainability
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