US EditionPet Valu Holdings announces Greg Ramier as new CEO, reports Q2 profit of $21.8M
MARKHAM, ONTARIO, CANADA, AUG 5 – Greg Ramier will become CEO as Pet Valu reports a 22% net income increase to $21.8 million in Q2 and raises its 2025 revenue growth forecast to 8-10%, the company said.
- Pet Valu Holdings Ltd. announced on August 5, 2025, that Greg Ramier will become CEO on September 21, replacing Richard Maltsbarger in Markham, Ontario.
- The succession plan follows a strong second quarter in which Pet Valu's profit increased to $21.8 million, compared to $17.8 million during the same period last year, and takes into account Maltsbarger's planned retirement in April 2026.
- Pet Valu reported $280.6 million in revenue for the quarter, a 5.8% increase from $265.2 million last year, alongside 2.6% same-store sales growth and a $0.12 dividend declared on August 5.
- Maltsbarger noted that the business made solid progress during the quarter and commented that it felt like the appropriate moment to pass leadership responsibilities. Ramier echoed this sentiment, expressing enthusiasm about continuing the company’s positive trajectory.
- The leadership change coincides with Pet Valu raising its 2025 outlook to $1.18–$1.21 billion revenue and adjusted net income per share between $1.63 and $1.68, indicating sustained company growth.
21 Articles
21 Articles
Oakville News
Pet Valu announces Greg Ramier as new CEO, reports Q2 profit of $21.8M
Pet Valu Holdings Ltd. will soon have a new top dog. The Markham, Ont.-based pet goods retailer announced Tuesday that president and chief operating officer Greg Ramier will become its CEO later this year.
Winnipeg Free Press
Pet Valu Holdings announces Greg Ramier as new CEO, reports Q2 profit of $21.8M
Breaking News, Sports, Manitoba, Canada
Canadian Specialty Pet Retailer Pet Value Reveals Chief Executive Officer Succession Plan
Pet Valu has announced that its board of directors unanimously approved the recommendation of chief executive officer (CEO), Richard Maltsbarger, to implement a senior leadership succession plan. Greg Ramier, the company’s current president and chief operating officer (COO), will succeed Maltsbarger as CEO and be appointed to the company’s board of directors effective September 21, 2025, coinciding with Pet Valu’s annual store manager and franch…
Pet Valu reports Q2 results, raises 2025 outlook and announces CEO succession plan
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. The post Pet Valu reports Q2 results, raises 2025 outlook and announces CEO succession plan appeared first on Retail Insider.
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