Lowe's Names President and CEO

Mooresville, N.C. — Lowe's Companies, Inc. has named Marvin R. Ellison as president and CEO, effective July 2, 2018. He will also join Lowe's board of directors at that time. Ellison succeeds Robert A. Niblock, who previously announced his intention to retire. The Lowe's board has also appointed Richard W. Dreiling, a director of Lowe's since 2012, as chairman, effective July 2, 2018.

Lowe’s CEO to Retire

Mooresville, N.C. — After 25 years with Lowe's Companies, Inc., Robert A. Niblock plans to retire as chairman, president and CEO of the company. The board of directors has initiated a search for his successor, and in the interim Niblock will remain in his current role.

Lowe's Appoints New Chief Financial Officer

Mooresville, N.C. — Marshall A. Croom, a 20-year Lowe's veteran, has been promoted to chief financial officer, effective March 3, 2017. Croom succeeds Robert F. (Bob) Hull Jr., who plans to retire after 17 years with Lowe's Companies, Inc. Croom will report to Robert A. Niblock, Lowe's chairman, president and CEO. Hull will remain at Lowe's through March to ensure a smooth transition period.

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