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Get filing alertsPetco appoints Jeffrey Naylor, former TJX CFO, to Board and as Audit Committee Chair
Filed August 3, 2026 · Period ending July 31, 2026 · ~1 min read
Key Changes
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Jeffrey Naylor appointed as independent Class I director and Audit Committee Chair effective August 1, 2026, filling vacancy from Cameron Breitner's resignation (no disagreement with company).
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Naylor brings 20+ years retail finance leadership including CFO roles at TJX Companies (2009-2012) and Big Lots; currently chairs Synchrony Financial's board and serves on Wayfair's audit committee.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Naylor designated by Scooby Aggregator LP, Petco's controlling stockholder, under the January 2021 Stockholder's Agreement, exercising board designation rights.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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CEO Anderson characterized the appointment as coming at a 'pivotal time' for repositioning the business under the company's 'Reach for the Sky' strategy to strengthen the economic model.
Exhibit 99.1 view on EDGAR →
Summary
Petco replaced a departing board member with a seasoned retail finance executive, bringing in Jeffrey Naylor as an independent director and Audit Committee Chair effective August 1, 2026. Naylor's appointment fills the vacancy created by Cameron Breitner's resignation, which the filing explicitly states was not due to any disagreement with the company.
Naylor was designated by Scooby Aggregator LP, Petco's controlling stockholder, under its existing board designation rights. Naylor's credentials are substantial for a specialty retailer navigating operational challenges. He spent a decade at TJX Companies in senior finance roles including CFO, and currently chairs Synchrony Financial's board while serving on Wayfair's audit committee.
His retail finance expertise arrives as CEO Anderson describes Petco executing a 'Reach for the Sky' strategy to reposition the business and strengthen its economic model—language suggesting the company is working through a transformation phase. For retail holders, the appointment signals the controlling stockholder is prioritizing financial and operational discipline at the board level during this repositioning effort.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On August 1, 2026, the Board appointed Jeffrey Naylor as an independent Class I director, effective immediately upon the Effective Time, to fill the vacancy on the Board created by Mr. Breitner’s departure, to hold office until the next election of Class I directors and until his successor shall have been duly elected and qualified or until his earlier death, resignation, removal, retirement or disqualification.
Jeffrey Naylor was appointed as an independent Class I director effective August 1, 2026, filling the vacancy created by Breitner's resignation. He will serve until the next Class I director election. The Board determined he qualifies as independent under Nasdaq listing rules and SEC Rule 10A-3.
Added in current filing · verify on EDGAR →
In connection with his appointment to the Board, Mr. Naylor was also appointed as a member and Chair of the Audit Committee, effective immediately upon the Effective Time.
Jeffrey Naylor was appointed as both a member and Chair of the Audit Committee effective August 1, 2026. This is a key governance role overseeing financial reporting and internal controls.
Added in current filing · verify on EDGAR →
Mr. Naylor served as Senior Corporate Advisor of the TJX Companies, Inc. (“TJX”), a retail company of apparel and home fashions, between 2013 and 2014. Prior to that, he served as Senior Executive Vice President and Chief Accounting Officer of TJX, between 2012 and 2013; as its Senior Executive Vice President, Chief Financial and Administrative Officer, between 2009 and 2012
Jeffrey Naylor brings extensive retail and financial leadership experience, having served in senior finance and accounting roles at TJX Companies from 2004 to 2014, including as CFO and Chief Accounting Officer. He currently serves on the boards of Synchrony Financial and Wayfair, and previously held CFO positions at Big Lots and Dade Behring.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On July 31, 2026, Cameron Breitner resigned from the Board of Directors (the “Board”) of Petco Health and Wellness Company, Inc. (the “Company”) and the Board’s committees, effective as of 12:01 am on August 1, 2026 (the “Effective Time”). Mr. Breitner’s resignation was not due to any disagreement with the Company or on any matter related to the Company’s operations, policies or practices.
Cameron Breitner resigned from the Board and all Board committees effective August 1, 2026. The filing explicitly states his resignation was not due to any disagreement with the Company regarding operations, policies, or practices, indicating this was a routine departure.
Event · Item 7.01 — Regulation FD Disclosure
Petco appointed Mr. Naylor to its Board of Directors, effective July 31, 2026.
Added in current filing · verify on EDGAR →
On August 3, 2026, the Company issued a press release announcing the appointment of Mr. Naylor to the Board.
Petco announced the appointment of Mr. Naylor to its Board of Directors.1).
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Petco Health & Wellness Company, Inc. (Nasdaq: WOOF) today announced the appointment of Jeffrey Naylor, former Chief Financial Officer of TJX Companies, to its Board of Directors, effective August 1, 2026. In addition to his role on the Board, Mr. Naylor will serve as Chair of the company’s Audit Committee.
Petco appointed Jeffrey Naylor to its Board of Directors effective August 1, 2026, and named him Chair of the Audit Committee. Naylor is the former CFO of TJX Companies and currently serves as Chair of Synchrony Financial's Board and on Wayfair's Board as Audit Committee Chair.
Added in current filing · view on EDGAR →
Mr. Naylor brings over two decades of leadership experience as a seasoned finance and operations executive within the retail sector. He currently serves as Chair of the Board and as a member of the Audit and Compensation Committees of Synchrony Financial (NYSE: SYF), and as a Director and Chair of the Audit Committee at Wayfair (NYSE: W). Until recently, he also served as a Director and member of the Audit and Finance Committees at Dollar Tree (Nasdaq: DTLR). From 2004 to 2014, Mr. Naylor served in multiple senior leadership roles at The TJX Companies, Inc. including Senior Executive Vice President, Chief Financial and Administrative Officer.
Naylor brings over 20 years of retail finance and operations leadership, including a decade at TJX Companies as CFO and senior roles at Big Lots, Dade Behring, and The Limited. His current board positions at major retailers and financial services companies add governance expertise during Petco's strategic repositioning.
Added in current filing · view on EDGAR →
I am thrilled to welcome Jeff to our Board of Directors at this pivotal time as we reposition the business for a stronger future ... As we execute on our 'Reach for the Sky' strategy, his deep financial acumen and extensive boardroom experience will be invaluable. I look forward to working closely with him to strengthen our economic model and create long-term value for all our stakeholders.
CEO Joel Anderson characterized this as a pivotal time for repositioning the business and executing the company's 'Reach for the Sky' strategy. The appointment is positioned to support strengthening Petco's economic model and driving long-term value creation, suggesting the company is in a transformation phase.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify