Patterson Cos. Inc. president, chairman and CEO Scott Anderson is stepping down but will remain a director until the 2017 annual general meeting.

Anderson will not stand for re-election at the meeting.

The company said former CEO and current board member James Wiltz will become interim president and CEO, while current lead director John Buck will assume the role of nonexecutive chairman.

The board has formed a search committee and engaged Spencer Stuart to begin an immediate search for a permanent president and CEO.