PEACH TREE - Product Mart Stores Inc, the parent company to Product Mart and other major brands, announced early this morning that its current Chief Executive Office Henry Burton would leave the company to seek other business opportunities at the end of 2025.
In a recent statement made to press, Burton told us that it was merely an opportunity seeking venture and that no major scuffs were occurring between him or the company.
"Being Product Mart Stores Inc's highest paid salary, it was a career move rather than any bad ill towards the company or myself," said Burton. "I am only seeking other job opportunities that will carry me outside of New Shire."
Product Mart Chief Executive Ronald Chlabowy would likely be the next to head the entire Parent company of his current company. Many people within the company also say that he would be a likely contender.
"While we still haven't opened up the application process, we can say that Ronald Chlabowy would be a likely contender, as he has major executive leadership experience and we know that he can operate our company, following our values, customs and ethics," said Linda Davis, a member of Product Mart Stores Inc's Board Of Directors. "He would be a great option to replace Mr. Burton, but no official word will be given at this time."
During his first two years in office, Burton has successfully navigated Product Mart Stores Inc out of economic and financial collapse, as when he assumed office, the company had been planning to file for chapter 25 bankruptcy, which signals complete loss of financial liability. He was able to restructure the company and its assets to ensure that it avoided bankruptcy all together.
More information on his departure will be announced as it becomes available to us, and Product Mart Stores Inc has not released any further details at this time.