NEWS 28 - Product Mart Chief Executive Officer Ronald Chlabowy is slated to become Product Mart Stores Inc's brand new Chief Executive Officer on October 25, 2025, when Henry Burton leaves the company and retires from business. Burton extended his retirement date to give Chlabowy time to finish out his four year mark with Product Mart.
Ronald Chlabowy, the current Chief Executive Officer of Product Mart, has been named as his replacement. The company however, said that Burton would stay on as Chief Executive Officer until October 25, 2025, allowing Chlabowy to hit his four year mark with the brand, and Product Mart to name his successor.
"Mr. Chlabowy has been a strong asset and leader to this company, and his much larger role will come with more responsibility, but more say in how the company operates," said Chief Executive Officer, Henry Burton. "Chlabowy is a strong leader, great advocate and a strong power of change. He will do great things. I look forward to his leadership and what he will be able to accomplish as this company's next Chief Executive Officer."
But for many, they don't understand what the difference between Product Mart and Product Mart Stores Inc is. While speaking to dozens of people, they thought it was the same company, and many said they really don't care who is running the company.
So, what is the difference between the two company's? Well first of all, Product Mart Stores Inc is the overarching company(the parent) of Product Mart, Product Mart Holdings, Product Mart Express, Corporate Connect, Westley's Home Grocers, Product Mart air and all other subsidies of the Product Mart name. It oversees and directs the other brands of Product Mart. Product Mart's current CEO answers to Henry Burton. Chlabowy will not answer to anyone but board members and investors, where as his Product Mart successor will answer to him.
The company sent out a company wide email, issuing extreme shakeups in leadership back in April, leading many to speculate what was going and who would replace Burton. The Product Mart Stores Inc board announced that Chlabowy would still be allowed to serve until 2031, something he personally requested last year. His leadership would also mark the longest served leadership since Nick Burwell who served as an executive of Product Mart for 14 years.