Petco CFO Brian LaRose to depart April 30; separation package valued at $730K plus pro-rated incentives

Petco Health & Wellness Company, Inc.

Brian LaRose steps down as CFO on Feb 17, succeeded by Sabrina Simmons; will serve as non-officer employee through April 30, 2025.
LaRose receives $730,392 lump sum (12 months base salary and COBRA premiums) subject to release.
LaRose also gets pro-rated 2025 annual incentive (prorated through Feb 17) and pro-rated retention bonus of $27,945.
Remains eligible for 2024 annual incentive based on actual performance.
All unvested equity awards forfeited as of separation date; unvested retention bonus forfeited after Transition Date.

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