/Not for distribution to U.S. news wire
services or dissemination in the United
States./
MARKHAM,
ON, Aug. 12, 2024 /CNW/ - Pet Valu Holdings
Ltd. ("Pet Valu" or the "Company") (TSX: PET), the
leading Canadian specialty retailer of pet food and pet-related
supplies, announced the appointment of Greg
Ramier to the newly-created role of President & Chief
Operating Officer ("President & COO") of Pet Valu,
effective today.
Mr. Ramier adds valuable leadership and extensive retail
capabilities to Pet Valu's executive team. As President &
COO, he will be accountable for executing strategic initiatives and
further strengthening Pet Valu's omnichannel retail capabilities
and growing the long-term profitability and free cash generation
from its business. Effective today, Pet Valu's leaders for
Merchandising, Marketing & Digital, Supply Chain, Franchise
Store Operations, and Corporate Store Operations will report to Mr.
Ramier, who will report directly to Pet Valu's Chief Executive
Officer ("CEO"), Richard
Maltsbarger.
"Greg brings to Pet Valu a wealth of retail industry,
commercial, operational and management experience gained from his
leadership roles over a 30-year career," said Mr. Maltsbarger. "We
are looking forward to the additional focus and comprehensive
understanding of retail that he will bring to our strategic growth
and operational efficiency priorities."
"I'm incredibly excited to be joining Pet Valu. Its commitment
to devoted pet lovers, neighbourhood stores, and great customer
experiences have made it the clear choice for Canadian pet owners.
I look forward to being part of the next stage of our growth
journey," said Mr. Ramier.
Pet Valu also announced today that Christine Martin-Bevilacqua, Pet Valu's Chief
Administrative Officer, will be retiring effective October 19, 2024. Ms. Martin-Bevilacqua has
served as a highly respected and critical leader for over 22 years
with Pet Valu, and is currently leading the Human Resources,
Franchising, and Real Estate, Lease Administration, Facilities, and
Construction teams.
"Christine has provided consistent and outstanding performance
that has allowed her to lead a number of diverse and interesting
functions across Pet Valu, not only today, but throughout her
career. She has been an advocate for our people, including our
Animal Care Experts ("ACEs"), leaders, and franchisees, as
well as thousands of others who have called upon her over the past
two decades to help shape their professional and personal
development. Her contributions are too impactful to be over-stated
and, personally, she has been a steadfast partner and advisor to me
as CEO," said Mr. Maltsbarger.
"It has been a privilege to be a leader at Pet Valu throughout
our outstanding growth over the last 22 years," said Ms.
Martin-Bevilacqua. "This growth has provided opportunities to our
ACEs, franchisees and their families to achieve their career
aspirations while delivering exceptional service, expertise and
real compassion to devoted pet lovers in their communities. I wish
everyone continued success and look forward to watching the team
build on the momentum we have created through our store growth,
exceptional products and supply chain innovation."
Upon Ms. Martin-Bevilacqua's retirement, the Franchising, and
Real Estate, Lease Administration, Facilities, and Construction
teams will report to Mr. Ramier. The Human Resources team will
report to Mr. Maltsbarger, along with his continued oversight of
Pet Valu's Legal, Finance, and Corporate Technology teams and
Chico, Pet Valu's Quebec-based
operating subsidiary and banner.
About Pet Valu
Pet Valu is Canada's leading
retailer of pet food and pet-related supplies with over 800
corporate-owned or franchised locations across the country. For
more than 45 years, Pet Valu has earned the trust and loyalty of
pet parents by offering knowledgeable customer service, a premium
product offering and engaging in-store services. Though its
neighbourhood stores and digital platform, Pet Valu offers more
than 9,000 competitively priced products, including a broad
assortment of premium, super premium, holistic and award-winning
proprietary brands. The company is headquartered in Markham, Ontario and its shares trade on the
Toronto Stock Exchange (TSX: PET). To learn more, please visit:
www.petvalu.ca.
SOURCE Pet Valu Canada Inc.
