PetSmart announces Planned Management Succession

PetSmart Inc. announced its planned management succession earlier this week. Current president and Chief Operating Officer David Lenhardt will assume the role of Chief Executive Officer and will also be appointed to the Board of Directors, effective 14 June 2013.

Lenhardt joined PetSmart in 2000 as Senior Vice President of Services, Strategic Planning and Business Development. He assumed his current position in January 2012. 

"David is the perfect leader with the experience, vision and ability to continue to lead PetSmart through the current economic challenges and toward a strong and sustainable future," said Chairman of the Board and CEO, Bob Moran.  

Moran, who joined PetSmart in July 1999 as President of North American stores, will be appointed Executive Chairman. 

"During the last several years, we have focused on and invested in strategic succession in planning, and as a result, we've assembled what I believe is one of the best leadership teams in retail," said Moran. "Looking ahead, this planned management succession will allow us to remain focused on excluding the strategies that have ben key to our success over the past several years." 

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