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PetSmart Announces Planned Management Succession

  PetSmart Announces Planned Management Succession

 Bob Moran to be appointed Executive Chairman in June 2013, David K. Lenhardt
   to be appointed Chief Executive Officer, Joseph O’Leary to be appointed
                    President and Chief Operating Officer

Business Wire

PHOENIX -- January 22, 2013

PetSmart, Inc. (NASDAQ: PETM) today announced its planned management
succession, with current President and Chief Operating Officer David K.
Lenhardt assuming the role of Chief Executive Officer, effective June 14,
2013, following the Annual Meeting of Stockholders. Mr. Lenhardt will also be
appointed to the Board of Directors at that time. Bob Moran, current Chairman
and Chief Executive Officer, will be appointed Executive Chairman.

Mr. Lenhardt, age 43, joined PetSmart in October 2000, as Senior Vice
President of Services, Strategic Planning and Business Development. He was
appointed Senior Vice President, Store Operations and Services in February
2007, and, in February 2009, became the Senior Vice President, Store
Operations and Human Resources. In January 2011, he became Executive Vice
President, assuming additional responsibility for Information Systems. He was
appointed President and Chief Operating Officer in January 2012. Prior to
joining PetSmart, Lenhardt worked at Bain & Company, Inc., as well as in
Merrill Lynch & Co.’s investment banking division.

Mr. Moran, age 62, joined PetSmart in July 1999, as President of North
American stores. In December 2001, he was appointed President and Chief
Operating Officer, and in June 2009, he was named President and Chief
Executive Officer. In January 2012, he was appointed Chairman of the Board and
retained his title of Chief Executive Officer.

Joseph O’Leary, Executive Vice President of Merchandising, Marketing, Supply
Chain and Strategic Planning, will be named President and Chief Operating
Officer. O’Leary, age 54, joined PetSmart as Senior Vice President of Supply
Chain in September 2006. He was appointed Senior Vice President of
Merchandising and Supply Chain in October 2008. In January 2011, he was
promoted to Executive Vice President of Merchandising, Marketing, Supply Chain
and Strategic Planning.

“During the last several years, we have focused on and invested in strategic
succession planning, and as a result, we’ve assembled what I believe is one of
the best leadership teams in retail,” said Moran. “Looking ahead, this planned
management succession will allow us to remain focused on executing the
strategies that have been key to our success over the past several years.
David is the perfect leader with the experience, vision and ability to
continue to lead PetSmart through the current economic challenges and toward a
strong and sustainable future.”

“Bob has provided his vision and leadership to PetSmart for over 13 years,
helping to make it the successful, thriving company it is today,” said
Lenhardt. “We will always be grateful for his contributions, and are fortunate
he will remain active and valuable as Executive Chairman. Joe has proven to be
a strategic leader with the right balance of creativity and foresight to help
us maintain our momentum. I’m excited about the future of PetSmart under the
leadership of our incredibly experienced, motivated and talented team.”

All changes will be effective Friday, June 14, 2013.

About PetSmart

PetSmart, Inc. (NASDAQ: PETM) is the largest specialty pet retailer of
services and solutions for the lifetime needs of pets. The company employs
approximately 50,000 associates and operates more than 1,269 pet stores in the
United States, Canada and Puerto Rico, over 195 in-store PetSmart^®
PetsHotel^® dog and cat boarding facilities and is a leading online provider
of pet supplies and pet care information (http://www.petsmart.com). PetSmart
provides a broad range of competitively priced pet food and pet products; and
offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp^SM
day care services and pet adoption services. Since 1994, PetSmart Charities,
Inc., an independent 501(c)(3) non-profit animal welfare organization and the
largest funder of animal welfare efforts in North America, has provided more
than $165 million in grants and programs benefiting animal welfare
organizations. Through its in-store pet adoption partnership with PetSmart
Charities^®, PetSmart has helped save the lives of more than 5 million pets.

Follow PetSmart on Twitter www.twitter.com/PetSmartTLC
Find PetSmart on Facebook www.facebook.com/PetSmart

Contact:

PetSmart, Inc.
Michelle Friedman, 623-587-2108