Petco Animal Supplies Inc. said Wednesday it had hired Ron Coughlin as chief executive. Coughlin had been the president of HP Inc.’s personal-computer business; HP announced earlier Wednesday afternoon that Coughlin had accepted a CEO position in San Diego, but did not name the company. Petco, a retail chain that sells pet supplies, had planned an initial public offering in 2015, but instead accepted a $4.6 billion buyout to remain private.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Latest posts by Market Watch (see all)
- The Wall Street Journal: Facebook suspends another analytics firm over data practices - July 20, 2018
- Pfizer gets FDA approval for drug similar to Amgen’s Neupogen - July 20, 2018
- Market Snapshot: Stocks end day and week mostly flat as Trump stokes fresh worry on trade, monetary policy - July 20, 2018