The former Best Buy executive will step in as interim chief executive

Ron Coughlin has served as Petco's CEO for more than five years. He has been instrumental in transforming the company into a health and wellness business. Former Best Buy exec to step in as interim chief executive. Petco has been in decline for years, with the company closing its doors in January.

Ron Coughlin has served as Petco's CEO for more than five years. He has been instrumental in transforming the company into a health and wellness business. Former Best Buy exec to step in as interim chief executive. Petco has been in decline for years, with the company closing its doors in January.