Chewy, Inc. (NYSE:CHWY), a trusted destination for pet parents and partners everywhere, announced today that the Company's Chief Financial Officer, David Reeder, will be departing in several months to return to the semiconductor industry as a Chief Executive Officer.
"We appreciate David's contributions during his time at Chewy and thank him for his leadership as we advanced our strategic, long-term growth initiatives," said Sumit Singh, Chief Executive Officer of Chewy. "As discussed on our March 26th earnings call, our long term plan remains intact, our business momentum remains strong, and we are reaffirming our guidance for the first quarter. David will remain as CFO through our next earnings announcement in June and assist with an orderly transition as we undertake a search for his successor. We wish David the very best as he prepares to return to the semiconductor industry, where he has spent much of his career in leadership positions."