Petco CEO Jim Myers to retire

Pet speciality retail chain Petco has announced that current chairman and chief executive Jim Myers, a 26-year company veteran and CEO since 2004, will step down as CEO but retain his role as chairman and board member.
President and chief merchant Brad Weston, who joined Petco in 2011, will succeed Myers as CEO as of 1 February 2017. Petco is a privately owned national pet store chain.