Lowe's Companies Inc
NYSE:LOW

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Lowe's Companies Inc
NYSE:LOW
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Price: 246.89 USD 0.13% Market Closed
Market Cap: 139.4B USD
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Lowe's Companies Inc
Investor Relations

Lowe's Companies Inc., a stalwart in the home improvement retail sector, has been navigating the intricacies of the business landscape since its founding in 1946. With a humble beginning as a small hardware store in North Carolina, the company has transformed into a powerhouse in the American retail industry. Lowe's operates an extensive network of over 1,700 stores across the United States, serving the needs of DIY enthusiasts, professional contractors, and everyone in between. The company's operations hinge on a synergistic blend of product variety, customer service, and strategic localization, ensuring that each store meets the specific needs of its community.

Lowe's makes money through a meticulously curated assortment of products, encompassing everything from basic tools and hardware to high-end appliances and home décor. Their business model is predominantly driven by sales of these products, both in-store and online, supported by ancillary services like installation and repair which enhance customer experience and engagement. By continually adapting to market trends and consumer demands, Lowe's stays relevant in an ever-evolving retail landscape. The company's financial success rests on a disciplined approach to inventory management, a keen focus on supply chain efficiency, and a commitment to competitive pricing, all of which are designed to maximize profitability while maintaining customer loyalty.

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Management

Mr. Marvin R. Ellison
President, CEO & Chairman

Marvin R. Ellison is a prominent American business executive known for his leadership role at Lowe's Companies Inc., where he serves as the Chairman, President, and Chief Executive Officer. Ellison joined Lowe's in 2018, bringing with him extensive experience in the retail industry. His career began at Target Corporation, where he held various operational and managerial roles over a 15-year tenure. He then moved to The Home Depot, where he spent 12 years, eventually becoming Executive Vice President of U.S. Stores. This role allowed him to gain significant experience in managing large-scale operations, logistics, and retail sales, which later proved invaluable at Lowe's. Before joining Lowe's, Ellison was the Chairman and CEO of J.C. Penney from 2015 to 2018. During his time there, he focused on revitalizing the brand, enhancing omni-channel capabilities, and improving customer service and merchandising strategies. At Lowe's, Ellison has been instrumental in driving strategic transformations to improve the company's competitiveness in the home improvement retail sector. Under his leadership, Lowe's has focused on enhancing e-commerce capabilities, optimizing supply chain operations, and expanding professional customer services. Marvin Ellison is one of the few African American CEOs leading a Fortune 500 company, making his success and leadership significant not only to Lowe's but also as a representation of diversity in corporate America. He holds a business administration degree in marketing from the University of Memphis and an MBA from Emory University.

Ms. Juliette Williams Pryor J.D.
Executive VP, Chief Legal Officer & Corporate Secretary

Juliette Williams Pryor J.D. is a highly esteemed executive known for her extensive legal and business acumen. She serves as the Executive Vice President, Chief Legal Officer and Corporate Secretary of Lowe's Companies, Inc., a role in which she oversees the company's legal affairs, corporate governance, and compliance matters. Before joining Lowe's, Pryor accumulated a significant breadth of experience in both the public and private sectors. She served as General Counsel and Corporate Secretary at Cox Enterprises, a leading communications, media, and automotive services company. Prior to Cox, Pryor held the position of General Counsel for US Foods, one of America's largest foodservice distributors, playing a critical role in their initial public offering. Her career began in the public sector with roles within the U.S. Department of Justice and the FCC's Office of General Counsel, highlighting her strong foundational expertise in regulatory issues. Pryor is an alumna of the Howard University School of Law, where she earned her Juris Doctor, and holds a master's degree in Public Communication from American University. Known for her strategic vision and leadership, Pryor's contributions continue to be pivotal to the operations and ethics of Lowe's, aligning legal strategies with the company's overall business objectives.

Mr. William P. Boltz
Executive Vice President of Merchandising

William P. Boltz is the Executive Vice President of Merchandising at Lowe's Companies Inc. He joined the company in 2018, bringing a wealth of experience in the retail sector. In his role, he is responsible for overseeing all merchandising operations, which include driving product strategy, enhancing the customer experience, and ensuring effective vendor partnerships. Before joining Lowe's, Boltz worked at various notable companies, including The Home Depot and Sears, where he held leadership positions that contributed to his expertise in home improvement and retail management. His strategic vision and focus on innovation have been instrumental in advancing Lowe's market position.

Mr. Joseph Michael McFarland III
Executive Vice President of Stores

Joseph Michael McFarland III, known as Joe McFarland, is a prominent business executive known for his role at Lowe's Companies Inc., where he has served as Executive Vice President of Stores. Born with a strong background in retail and leadership, McFarland brought a wealth of experience to Lowe's, significantly influencing its operations and customer experience. Before joining Lowe’s, McFarland held several key positions in the retail sector. He spent a substantial part of his career at The Home Depot, where he gained extensive knowledge and expertise in store operations, merchandising, and driving sales. His tenure at Home Depot helped hone his skills in managing large teams and implementing strategic initiatives which are customer-focused. In his role at Lowe's, McFarland has been responsible for the oversight of the company’s extensive network of stores across the United States. He has played a critical role in enhancing store performance, improving the in-store experience, and implementing innovative strategies that align with evolving consumer expectations. McFarland is known for his hands-on leadership style and a strong emphasis on operational efficiency and customer satisfaction. His efforts at Lowe’s have been instrumental in driving the company’s growth and maintaining its competitive edge in the home improvement retail market. Through his strategic leadership, Lowe's has continued to strengthen its position as a leading retailer, delivering value to both customers and shareholders.

Mr. Dan Clayton Griggs Jr.
Senior VP of Tax & Chief Accounting Officer

Dan Clayton Griggs Jr. is the Executive Vice President, Supply Chain, for Lowe's Companies Inc. In this role, he is responsible for overseeing the company's global supply chain operations, ensuring the efficient and effective delivery of products to Lowe's stores and directly to customers. Griggs plays a critical role in optimizing supply chain strategies, enhancing logistics capabilities, and supporting Lowe's overall business objectives through improved supply chain efficiencies. With a career spanning more than two decades, Dan Griggs has extensive experience in supply chain management and leadership across various industries. Before joining Lowe's, he held significant roles in companies where he managed complex supply chain operations and drove transformative initiatives to enhance performance and service levels. Griggs' expertise in supply chain strategy, combined with his leadership skills, supports Lowe's commitment to providing high-quality service and products to its customers. His contributions are integral to Lowe's ability to maintain a competitive edge in the retail market by ensuring products are available when and where customers need them.

Ms. Seemantini Godbole
Executive VP and Chief Information & Digital Officer

Seemantini Godbole is a prominent figure in the world of information technology and digital transformation, known for her role as an Executive Vice President and Chief Digital and Information Officer at Lowe's Companies, Inc. In this capacity, she is responsible for overseeing the company's technology strategy, digital transformation initiatives, and IT operations, which are crucial for driving innovation and enhancing the customer experience across Lowe's extensive retail operations. Godbole joined Lowe's in 2018, bringing with her a wealth of experience in technology leadership. Before her tenure at Lowe's, she held various senior roles at Target Corporation, including Senior Vice President of Digital and Marketing Technology. Her time at Target was marked by significant contributions to digital technology advancements, enhancing the company's online presence and integrating innovative technologies into its retail strategy. With a career spanning over two decades, Godbole is highly regarded for her expertise in leveraging technology to drive business growth and operational efficiency. Her leadership combines strategic vision with practical execution, focusing on using technology as a transformative tool to improve customer engagement and streamline business processes. Seemantini Godbole holds a bachelor's degree in computer engineering from Pune University in India and a master's degree in computer science from Texas Tech University. Her educational background, coupled with her extensive professional experience, underscores her capabilities as a leader in technology-driven retail transformation.

Ms. Kate Pearlman
Vice President, Investor Relations & Treasurer
No Bio Available
Ms. Jennifer Wilson
Senior VP & Chief Marketing Officer

Jennifer Wilson is not a publicly recognized executive or officer at Lowe's Companies Inc. Based on available information, she does not hold a prominent leadership position within the company. If you need information about a specific Lowe's executive, please provide more details, or verify the name. For any official updates, you might want to consult Lowe's official website or recent press releases.

Ms. Janice M. Dupre
Executive Vice President of Human Resources

Janice M. Dupre is an accomplished executive who has played a significant role at Lowe's Companies, Inc. She serves as the Executive Vice President of Human Resources at the company. In this role, Dupre is responsible for overseeing all aspects of human resources, including talent acquisition, development, engagement, and HR operations for Lowe's. Her leadership is crucial in fostering a positive workplace culture and ensuring that the company's human resources strategies align with its broader business objectives. Dupre has a wealth of experience in human resources management and has held several leadership positions throughout her career. Before joining Lowe's, she worked for other prominent companies where she gained extensive experience in HR strategy and operations. Her expertise has been instrumental in driving organizational effectiveness and supporting Lowe's in building a diverse and highly skilled workforce. Her leadership style is characterized by a focus on innovation, collaboration, and people development, making her a key figure in advancing Lowe's commitment to its employees and customers alike.

Mr. Michael A. Tummillo
Senior VP & General Merchandising Manager of Building Products
No Bio Available

Contacts

Address
NORTH CAROLINA
Mooresville
1000 Lowes Blvd
Contacts
+17047581000.0
media.lowes.com