PetSmart has announced that J.K. Symancyk is stepping down from his role as president, chief executive officer and board member effective immediately. Alan Schnaid, the company’s executive vice president and chief financial officer, will assume the position of interim president and CEO while the search for a permanent successor is underway. The company's board of directors, in partnership with a leading executive search firm, has already initiated the search process.
"I want to thank J.K. for his meaningful contributions to the Company over the last six years," said Raymond Svider, chairman of the board of directors. "J.K. led the company through significant growth, including during the COVID-19 pandemic."
Svider further emphasized Schnaid's qualifications, stating, "Alan has been instrumental in building our strategy, and we’re confident in his ability to continue carrying it out as we search for a new CEO to lead PetSmart into the future."
Schnaid, who has been with PetSmart since 2017, previously served as CFO of Starwood Hotels and Resorts Worldwide, Inc., where he oversaw global finance, accounting, and investor relations. He also holds a position on the board of CommLoan, Inc., a commercial real estate marketplace.
Adapted from a press release.
