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Lowe's Companies Inc (LOW)

LOW on New York Consolidated

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20 Oct 2017
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Summary

Name Age Since Current Position

Robert Niblock

54 2011 Chairman of the Board, President, Chief Executive Officer

Marshall Croom

56 2017 Chief Financial Officer

Richard Maltsbarger

41 2015 Chief Development Officer and President, International

Ricky Damron

54 2012 Chief Operating Officer

Jennifer Weber

50 2016 Chief Human Resource Officer

Matthew Hollifield

50 2005 Senior Vice President, Chief Accounting Officer

Paul Ramsay

52 2014 Chief Information Officer

Ross McCanless

59 2016 Chief Legal Officer, Secretary and Chief Compliance Officer

Michael McDermott

47 2016 Chief Customer Officer

N. Brian Peace

51 2012 Corporate Administration Executive

Marshall Larsen

68 2015 Lead Independent Director

Raul Alvarez

61 2010 Independent Director

Angela Braly

55 2013 Independent Director

Sandra Cochran

59 2016 Independent Director

Laurie Douglas

53 2015 Independent Director

Richard Dreiling

63 2012 Independent Director

Robert Johnson

71 2005 Independent Director

James Morgan

69 2015 Independent Director

Bertram Scott

66 2015 Independent Director

Eric Wiseman

61 2011 Independent Director

Tiffany Mason

2017 Senior Vice President, Corporate Finance and Treasurer

Biographies

Name Description

Robert Niblock

Mr. Robert A. Niblock is the Chairman of the Board, President, Chief Executive Officer of Lowe's Companies Inc. Mr. Niblock has served as Chairman and Chief Executive Officer of Lowe’s since January 2005. In May 2011, he reassumed the title of President, after having served in that role from 2003 to 2006. Mr. Niblock joined Lowe’s in 1993, and during his career with the Company, has served as Vice President and Treasurer, Senior Vice President-Finance, and Executive Vice President and Chief Financial Officer. Before joining Lowe’s, Mr. Niblock had a nine-year career with the accounting firm Ernst & Young LLP. Mr. Niblock has been a member of the board of directors of the Retail Industry Leaders Association (RILA) since 2004 and has served as Secretary since 2012. He previously served as its Chairman in 2008 and 2009 and Vice Chairman in 2006 and 2007.

Marshall Croom

Mr. Marshall A. Croom has been appointed as Chief Financial Officer of the Company, effective March 3, 2017. He is no longer Chief Risk Officer of Lowe’s Companies Inc., effective March 3, 2017. He was named chief risk officer in January of 2009, and is responsible for providing oversight and direction for the management of all material risks across the company, including enterprise risk management, workers compensation, internal audit, data management, quality assurance and information security. Croom joined the company in 1997, following an 11-year career with Ernst & Young, and most recently served as the senior vice president of merchandising and store support. His prior Lowe’s experience also includes senior vice president of finance, treasurer and assistant treasurer. He received a bachelor’s degree in accounting from Appalachian State University.

Richard Maltsbarger

Mr. Richard D. Maltsbarger is Chief Development Officer and President, International of Lowe's Companies Inc., since 2015. He is responsible for strategic planning and realization, business process management, research and consumer insight, and the innovation center. He joined Lowe’s in 2004, and most recently served as senior vice president of strategy. He brings more than 15 years experience in strategic planning, consumer and market research, quantitative analytics, marketing, and economic analysis to the role. Maltsbarger’s previous roles at Lowe’s include vice president of strategic planning, vice president of research and director of customer analytics. Maltsbarger earned master’s and bachelor’s degrees from the University of Missouri in agricultural economics and an M.B.A. from the Olin School of Business at Washington University in St. Louis.

Ricky Damron

Mr. Ricky D. Damron is Chief Operating Officer of Lowe's Companies Inc. He is responsible for delivering the customer experience, including oversight of store operations, sales and service fulfillment, product fulfillment, real estate and facilities, and loss prevention and safety. Damron joined Lowe’s in 1981 and most recently served as executive vice president of store operations, where he oversaw all Lowe’s stores and Lowe’s specialty sales businesses, including installed, special order, commercial sales, credit, delivery, assembly and store operations support. Prior to that he served as senior vice president of logistics, senior vice president of operations for the North Central and Northeast Divisions, and held various positions including regional vice president, district manager and store manager.

Jennifer Weber

Ms. Jennifer L. Weber has been appointed as Chief Human Resources Officer of the Company, effective 1 March 2016. She will oversee global human resources practices, policies and operations that will enable Lowe's to attract, motivate, develop and retain outstanding employees. She joins the company most recently from Duke Energy, where she served for the past seven years on the company's senior leadership team as executive vice president & chief human resources officer and as executive vice president of external affairs & strategic policy. Weber has more than 20 years of experience in human resources strategy, compensation and benefits, leadership development, strategic communications and change management experience in a variety of business sectors. Weber has more than 20 years of experience in human resources, communications and change management. Since 2008, she served on the senior leadership team for Duke Energy as the executive vice president and chief human resources officer and as the executive vice president, external affairs & strategic policy. Prior to her experience at Duke Energy, she held senior human resources positions at Scripps Network Interactive Inc., E.W. Scripps Company and Towers Perrin (now Towers Watson). Weber has a bachelor's degree from Miami University in Ohio and a master's degree in public policy and management from Carnegie Mellon University . She is a past chair of the board of directors for the United Way of Central Carolinas and a member of the executive committee of the Charlotte Chamber.

Matthew Hollifield

Mr. Matthew V. Hollifield is Senior Vice President, Chief Accounting Officer of Lowe’s Companies Inc, since November 2005. He served as vice president of corporate accounts payable since joining Lowe’s in 2002. Hollifield’s responsibilities include oversight of all corporate accounting, product accounting, inventory control, trades payable, expense payable and general accounting functions. He has more than 17 years of experience in corporate finance and accounting and previously served as chief financial officer of Century Furniture Industries. Hollifield has a bachelor’s degree from Appalachian State University, an M.B.A. from Duke University and is a certified public accountant.

Paul Ramsay

Mr. Paul D. Ramsay is Chief Information Officer of Lowe's Companies, Inc., since June 9, 2014. As CIO, Ramsay is responsible for day-to-day operations of Lowe’s IT organization, including the continued development of a technology portfolio that seamlessly supports the operations of the company’s stores, distribution network, e-commerce platforms, and future business technology needs. He joined Lowe’s in 2011 with more than 25 years of experience in the IT industry. Ramsay has served Lowe’s as senior vice president (SVP) of IT infrastructure and operations and was named SVP of information technology for Lowe’s U.S. home improvement business in 2013.

Ross McCanless

Mr. Ross W. McCanless is Chief Legal Officer, Secretary and Chief Compliance Officer of the Company. Mr. McCanless is returning to Lowe's top legal role, a position he held from 2003 to 2006, after serving as chief legal officer, general counsel and secretary for Extended Stay America, Inc. and ESH Hospitality, Inc.—two NYSE-listed companies that own more than 650 extended stay hotels in the U.S. and Canada. In his new role, Mr. McCanless will be responsible for directing all legal matters for Lowe's and its subsidiaries as well as advising the chairman and board of directors on corporate governance matters.

Michael McDermott

Mr. Michael P. McDermott serves as Chief Customer Officer of the Company. He was Chief Merchandising Officer of Lowe's Companies, Inc. Mr. McDermott will be responsible for the merchandising offering for Lowe’s U.S. business, pricing and promotion, and all global sourcing activities. He joined Lowe’s in 2013 as SVP, general merchandising manager-building and maintenance. Mr. McDermott has more than 20 years of experience in product leadership, merchandising, marketing and commercial sales, having served previously with General Electric, where he was sales leader-appliances and a member of the company’s corporate commercial council. His prior experience in leading global product management teams, merchandising teams, and driving innovation will be key assets to drive growth for Lowe’s. Mr. McDermott earned a bachelor's degree in communications from The College of New Jersey and a master's degree in political science from Villanova University.

N. Brian Peace

Mr. N. Brian Peace is Corporate Administration Executive of Lowe’s Companies Inc. He was named corporate administration executive in May of 2012, and is responsible for government affairs, corporate facilities, corporate security, aviation, and corporate events and travel. He joined Lowe’s in 1997, and previously served as senior vice president of corporate affairs and vice president of corporate communications, where he also oversaw public relations, internal communications, and community relations. Peace earned the bachelor’s degree from Appalachian State University.

Marshall Larsen

Mr. Marshall O. Larsen is Lead Independent Director of Lowe’s Companies Inc. He retired in July 2012 as Chairman, President and Chief Executive Officer of Goodrich Corporation, a supplier of systems and services to the aerospace and defense industry. Mr. Larsen had served as Chairman of Goodrich since October 2003 and President and Chief Executive Officer, since February 2002 and April 2003, respectively. Prior to that, Mr. Larsen was Executive Vice President and President and Chief Operating Officer of the Aerospace division of Goodrich from 1995 to 2002. Mr. Larsen serves as Lowe’s Lead Director.

Raul Alvarez

Mr. Raul Alvarez is an Independent Director of Lowe's Companies, Inc. Mr. Alvarez is the Chairman of Skylark Co., Ltd., a public Japanese holding company operating more than 3,000 restaurants. Mr. Alvarez served as President and Chief Operating Officer of McDonald’s Corporation, which franchises and operates over 32,000 McDonald’s restaurants in the global restaurant industry, from August 2006 until his retirement in December 2009. Previously, he served as President of McDonald’s North America from January 2005 to August 2006 and as President of McDonald’s USA from July 2004 to January 2005, where he led a team that aligned employees, owner/operators, and suppliers behind the company’s “Plan to Win” strategy – the catalyst for the turnaround of the U.S. business. Mr. Alvarez joined McDonald’s in 1994 and held a variety of leadership positions during his tenure with the company, including Chief Operations Officer and President of the Central Division, both with McDonald’s USA, and President of McDonald’s Mexico. Before joining McDonald’s, Mr. Alvarez served as a Corporate Vice President and as Division Vice President-Florida for Wendy’s International, Inc. from 1990 to 1994. Prior to that, he was with Burger King Corporation from 1977 to 1989 where he held a variety of positions, including Managing Director of Burger King Spain, President of Burger King Canada and Regional Vice President for the Florida Region.

Angela Braly

Ms. Angela F. Braly is an Independent Director of the Company. Ms. Braly is the former Chair, President and Chief Executive Officer of WellPoint, Inc. (now Anthem, Inc.), a health benefits company. She served as Chair of the board from March 2010 until August 2012 and President and Chief Executive Officer from June 2007 through August 2012. Prior to that, Ms. Braly served as Executive Vice President, General Counsel and Chief Public Affairs Officer of WellPoint from 2005 to 2007, and President and Chief Executive Officer of Blue Cross Blue Shield of Missouri from 2003 to 2005.

Sandra Cochran

Ms. Sandra B. Cochran is an Independent Directorof the Company. Ms. Cochran has served as a director and as President and Chief Executive Officer of Cracker Barrel Old Country Store, Inc., which operates over 641 old country stores and restaurants across 43 states, since September 2011. Ms. Cochran joined Cracker Barrel in April 2009 as Executive Vice President and Chief Financial Officer and was named President and Chief Operating Officer in November 2010. She was previously Chief Executive Officer at book retailer Books-A-Million, Inc. from February 2004 to April 2009 and also served as that company’s President from August 1999 to February 2004, Chief Financial Officer from September 1993 to August 1999 and Vice President of Finance from August 1992 to September 1993. Ms. Cochran has served as a director of Dollar General Corporation since December 2012.

Laurie Douglas

Ms. Laurie Z. Douglas is Independent Director of the Company. She has served as Senior Vice President, Chief Information Officer and Chief Security Officer of Publix Super Markets, Inc., an operator of retail food supermarkets in Florida, Georgia, Alabama, South Carolina, Tennessee and North Carolina, since 2006. Before joining Publix Super Markets, Ms. Douglas served as Senior Vice President and Chief Information Officer of FedEx Kinko’s Office and Print Services, Inc. from 2004 to 2005. From 2003 to 2004, she was Senior Vice President and Chief Information Officer of Kinko’s, Inc.

Richard Dreiling

Mr. Richard W. Dreiling is an Independent Director of Lowe's Companies, Inc. Mr. Dreiling retired in June 2015 from Dollar General Corporation, the nation’s largest small-box discount retailer, as Chief Executive Officer, a position he held since January 2008. Mr. Dreiling served as Chairman of Dollar General Corporation from December 2008 until January 2016 and as Senior Advisor from June 2015 until January 2016. Before joining Dollar General, Mr. Dreiling served as Chief Executive Officer, President and a director of Duane Reade Holdings, Inc. and Duane Reade Inc., the largest drugstore chain in New York City, from November 2005 until January 2008, and as Chairman of Duane Reade from March 2007 until January 2008. Prior to that, Mr. Dreiling, beginning in March 2005, served as Executive Vice President-Chief Operating Officer of Longs Drug Stores Corporation, an operator of a chain of retail drug stores on the West Coast and Hawaii, after having joined Longs in July 2003 as Executive Vice President and Chief Operations Officer. From 2000 to 2003, Mr. Dreiling served as Executive Vice President-Marketing, Manufacturing and Distribution at Safeway, Inc., a food and drug retailer. Prior to that, Mr. Dreiling served from 1998 to 2000 as President of Vons, a southern California food and drug division of Safeway. Mr. Dreiling is former Chairman and was, until January 2016, a member of the board of directors of the Retail Industry Leaders Association (RILA), a trade association based in Arlington, Virginia for the retail industry that includes nine of the top 10 U.S. retailers among its members.

Robert Johnson

Mr. Robert L. Johnson is an Independent Director of Lowe's Companies Inc. Mr. Johnson is the founder and Chairman of The RLJ Companies, which owns or holds interests in a diverse portfolio of companies in the banking, private equity, real estate, hospitality, professional sports, film production, gaming and automobile dealership industries. Prior to forming The RLJ Companies, he was founder and Chairman of Black Entertainment Television (BET), which was acquired in 2001 by Viacom Inc., a media-entertainment holding company. Mr. Johnson continued to serve as Chief Executive Officer of BET until 2006. Before founding BET in 1979, Mr. Johnson served as vice president of government relations for the National Cable & Telecommunications Association. In July 2007, Mr. Johnson was named by USA Today as one of the 25 most influential business leaders of the past 25 years. Mr. Johnson was a director of Strayer Education, Inc. until 2016.

James Morgan

Mr. James H. Morgan is an Independent Director of the Company. Mr. Morgan has served as Chairman of Covenant Capital LLC, an investment management firm, since February 2015, after previously serving in that capacity from 2001 to 2008. Mr. Morgan served as Chairman of Krispy Kreme Doughnuts, Inc., a leading branded specialty retailer and wholesaler of premium quality sweet treats and complementary products, from January 2005 to August 2016. He served as Executive Chairman of Krispy Kreme from June 2014 to January 2015, as Chief Executive Officer from January 2008 to June 2014 and as President from April 2012 to June 2014. Mr. Morgan also previously served as President of Krispy Kreme from January 2008 to November 2011. Mr. Morgan served as Vice Chairman of Krispy Kreme from March 2004 to January 2005. Previously, Mr. Morgan served as a consultant for Wachovia Securities, Inc., a securities and investment banking firm, from January 2000 to May 2001. From April 1999 to December 1999, Mr. Morgan was Chairman and Chief Executive Officer of Wachovia Securities, Inc. Mr. Morgan was employed by Interstate/Johnson Lane, an investment banking and brokerage firm, from 1990 to 1999 in various capacities, including as Chairman and Chief Executive Officer.

Bertram Scott

Mr. Bertram L. Scott is an Independent Director of the Company. Mr. Scott has served as Senior Vice President of Population Health and Value Based Care at Novant Health, a leading healthcare provider, since 2015. Prior to that, Mr. Scott was President, Chief Executive Officer and a director of Affinity Health Plan, a provider of New York State-sponsored health coverage, from 2012 to 2014; President, U.S. Commercial of CIGNA Corporation, a global health services organization, from 2010 to 2011; Executive Vice President and Chief Institutional Development and Sales Officer of TIAA-CREF from 2000 to 2010; and President and Chief Executive Officer of TIAA-CREF Life Insurance Company from 2000 to 2007. Mr. Scott currently serves on the board of AXA Equitable Life Insurance Company (“AXA”); Becton, Dickinson and Company; and MONY Life Insurance Company of America (“MONY”). AXA and MONY, which are affiliates of AXA Group, file reports with the SEC but they do not have securities listed on an exchange.

Eric Wiseman

Mr. Eric C. Wiseman is an Independent Director of Lowe's Companies Inc. Mr. Wiseman is the Chairman of V.F. Corporation, a global leader in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. Previously, Mr. Wiseman served as the Chairman from August 2008 to January 2017; Chief Executive Officer from January 2008 to January 2017; and President from March 2006 to June 2015. Prior to that, he served as Chief Operating Officer of V.F. from March 2006 to January 2008. Mr. Wiseman joined V.F. in 1995 and has held a variety of leadership positions during his tenure with the company. Mr. Wiseman also served as Treasurer and a member of the board of directors of the Retail Industry Leaders Association (RILA) in 2016 and currently is a member of the Board of Visitors of the School of Business at Wake Forest University.

Tiffany Mason