RUFUS - Product Mart Stores Inc the parent company of Product Mart, Westleys, and other companies announced that it will switch up leadership in some brands as Henry Burton prepares to step down as Product Mart Stores Inc’s Chief Executive in January.
The company said in a Statement that it was looking to switch up leadership, including replacing Burton who is slated to leave the company in early January 2025, after four years with the company.
“Burton’s departure in January is putting pressure on us to find his replacement,” said company spokesperson Billy Tongan. “We have a few people as runner ups to replace him when he leaves. But at this time, we are also moving other pieces around to ensure that the brands have effective leadership when the major changes happen in January.”
The company announced last year that Burton would step down in early 2025, but didn’t say who would replace him as head honcho of the Product Mart brand. The company says it has a few candidates already in mind and are eyeing to see who would best be fit to replace Burton when he leaves the company in early 2025. Burton was hired to lead Product Mart Stores Inc in 2021.
“My successor should be internal, not external,” said Henry Burton. “The people within these walls know the brands we run and how they should be run. Several people are in my spotlight, as I have a final say in who will succeed me when I leave the company at the start of 2025. It will be someone from within our company.”