SOURCE: PetSmart

PetSmart

June 18, 2009 09:00 ET

PetSmart Appoints Bob Moran President and Chief Executive Officer

Phil Francis to Stay on as Executive Chairman

PHOENIX, AZ--(Marketwire - June 18, 2009) - The Board of Directors of PetSmart, Inc. (NASDAQ: PETM) has appointed Robert F. Moran chief executive officer. Moran has been the company's president and chief operating officer since 2001, and will retain his title as president.

Current Chairman and CEO, Phil Francis, will become executive chairman of the board, and will continue to work closely with Moran and PetSmart's leadership team to pursue the company's successful business and financial strategies.

"Bob is the perfect leader to take the company through the current economic challenges and toward a strong and sustainable future," Francis said. "He's crafted and led a clear strategy that continues to produce results, built a strong leadership team and successfully aligned PetSmart's 46,000 people around his vision for this business."

Moran, 58, joined PetSmart in July 1999 as president of North American Stores. In December of 2001, he was appointed president and chief operating officer. Moran came to PetSmart from Toys R Us, Ltd., Canada, where he was president. Prior to that, he spent 20 years with Sears, Roebuck and Company in a variety of financial and merchandising positions, including president and chief executive officer of Sears de Mexico. He was also chief financial officer and executive vice president of Galerias Preciados of Madrid, Spain.

PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. The company operates more than 1,137 pet stores in the United States and Canada, 142 in-store PetSmart PetsHotels® cat and dog boarding facilities, and is a leading online provider of pet supplies and pet care information (www.petsmart.com). PetSmart provides a broad range of competitively priced pet food and pet products; and offers complete pet training, pet grooming, pet boarding, doggie day camp and pet adoption services. Since 1994, PetSmart Charities®, Inc., an independent 501(c)(3) non-profit animal welfare organization, has funded more than $87 million in grants and programs benefiting animal welfare organizations and, through its in-store pet adoption programs, has helped save the lives of more than 3.7 million pets.

Contact Information

  • Contact:

    Investors:
    PetSmart Investor Relations
    623-587-2025

    Media:
    Michelle Friedman
    623-587-2177