PetSmart has introduced that J.Okay. Symancyk is stepping down from his position as president, chief govt officer and board member efficient instantly. Alan Schnaid, the corporate’s govt vice chairman and chief monetary officer, will assume the place of interim president and CEO whereas the seek for a everlasting successor is underway. The corporate’s board of administrators, in partnership with a number one govt search agency, has already initiated the search course of.
“I wish to thank J.Okay. for his significant contributions to the Firm over the past six years,” mentioned Raymond Svider, chairman of the board of administrators. “J.Okay. led the corporate by means of important progress, together with in the course of the COVID-19 pandemic.”
Svider additional emphasised Schnaid’s {qualifications}, stating, “Alan has been instrumental in constructing our technique, and we’re assured in his potential to proceed carrying it out as we seek for a brand new CEO to steer PetSmart into the long run.”
Schnaid, who has been with PetSmart since 2017, beforehand served as CFO of Starwood Motels and Resorts Worldwide, Inc., the place he oversaw world finance, accounting, and investor relations. He additionally holds a place on the board of CommLoan, Inc., a business actual property market.
Tailored from a press launch.
