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Lowe’s Fortune 500 TURBO Report

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Lowe's Fortune 500 TURBO Report

Last updated: H1 2020

Lowe's Companies, Inc.
1000 Lowe's Boulevard
Mooresville, NC 28117
United States
Phone: (704)-758-1000
Website: http://www.lowes.com
Sector: Consumer Cyclical
Industry: Home Improvement Stores
Full Time Employees: 300,000

The Lowe's databahn TURBO Report was researched and developed with the IT sales executive and the IT marketer in mind. Our goal is simple; eliminate the costly research time and help you identify new sales revenue opportunities.

Top 10 reasons to buy the Lowe's databahn TURBO company profile report:

  1. Create a better and more informed RFP Response proposal
  2. Brief your C-level executives before a sales call
  3. Eliminate the time it takes to build a strategic account plan
  4. Develop more effective account based marketing (ABM) programs
  5. Discover sales opportunities you're not aware of
  6. Understand the competitive landscape in the account
  7. Ramp up new sales reps faster in new accounts
  8. Need accurate contact information & org charts
  9. Insights into IT projects & initiatives
  10. Expand footprint in existing large enterprise accounts

Some of the insights & detailed information you can expect to see in the Lowe's databahn TURBO Report:

  • Comprehensive Business Description
  • Latest Earnings Call Highlights from the CEO
  • Accurate Contacts for the Executive Leadership Team and Board of Directors
  • Detailed Org Charts on corporate structure, board of directors, and the executive leadership team
  • Hand curated content from selected articles, interviews, case studies, and success stories (representing dozens of hours of research)
  • Technology Executive Insights to existing IT & telecom systems, projects, initiatives, and internal code names for applications, systems, and IT business units
  • Insights gleaned from technology related job descriptions
  • Important excerpts and highlights from the Annual Report (10-K)

Available for download now!


LOWE'S EXECUTIVE LEADERSHIP

NAME TITLE COMPANY EMAIL
Anthony T. (Tony) Hurst Division President, West Division Lowe's *****@lowes.com
David M. Denton Executive Vice President, CFO Lowe's *****@lowes.com
Donald E. Frieson Executive Vice President, Supply Chain Lowe's *****@lowes.com
Fred L. Stokes Senior Vice President, Pro Lowe's *****@lowes.com
Geoff Sease Senior Vice President, Inventory, Replenishment & Planning Lowe's *****@lowes.com
J. Todd Bleckley Senior Vice President & General Merchandising Manager, Hardlines Lowe's *****@lowes.com
Jeff R. Vining Senior Vice President, Chief Compliance Officer & Deputy General Counsel Lowe's *****@lowes.com
Jennifer L. Weber Executive Vice President, Human Resources Lowe's *****@lowes.com
Jocelyn Wong Senior Vice President, Chief Marketing Officer Lowe's *****@lowes.com
Joseph M. McFarland III Executive Vice President, Stores Lowe's *****@lowes.com
Kelly Kent Senior Vice President, Human Resources Lowe's *****@lowes.com
Margi R. Vagell Senior Vice President & General Merchandising Manager, Home Decor Lowe's *****@lowes.com
Marvin R. Ellison President and CEO Lowe's *****@lowes.com
Matt Monroe Division President, South Division Lowe's *****@lowes.com
Matthew V. Hollifield Senior Vice President & Chief Accounting Officer Lowe's *****@lowes.com
Michael A. Tummillo Senior Vice President & General Merchandising Manager, Building Products Lowe's *****@lowes.com
Mike Amend President, Online Lowe's *****@lowes.com
Quonta D. Vance Division President, North Division Lowe's *****@lowes.com
Robert F. Posthauer Senior Vice President, Global Merchandising Lowe's *****@lowes.com
Ross W. (Bill) McCanless Executive Vice President, General Counsel and Corporate Secretary Lowe's *****@lowes.com
Seemantini Godbole Executive Vice President, Chief Information Officer Lowe's *****@lowes.com
Sylvain Prud'homme President, Lowe's Canada Lowe's *****@lowes.com
Tiffany L. Mason Senior Vice President, Corporate Finance and Treasurer Lowe's *****@lowes.com
Timothy L. Cooksey Senior Vice President, Enterprise Strategic Sourcing & Real Estate Lowe's *****@lowes.com
Vincent Scalese Senior Vice President, Store Operations Lowe's *****@lowes.com
William P. (Bill) Boltz Executive Vice President, Merchandising Lowe's *****@lowes.com




LOWE'S BOARD OF DIRECTORS

NAME TITLE COMPANY EMAIL
Angela F. Braly Former Chair, President, and CEO WellPoint, Inc., Indianapolis, IN Lowe's *****@lowes.com
Bertram L. Scott Retired Senior Vice President of Population Health and Value Based Care Novant Health, Charlotte, NC Lowe's *****@lowes.com
Brian C. Rogers Retired Non-Executive Chairman T. Rowe Price Group, Inc., Baltimore, MD Lowe's *****@lowes.com
David H. Batchelder Co-Founder and Former Principal Relational Investors LLC, San Diego, CA Lowe's *****@lowes.com
Eric C. Wiseman Retired Chairman and CEO V.F. Corporation, Greensboro, NC Lowe's *****@lowes.com
James H. Morgan Chairman Covenant Capital LLC, Charlotte, NC Lowe's *****@lowes.com
Laurie Z. Douglas Senior Vice President, Chief Information Officer and Chief Digital Officer Publix Super Markets, Inc., Lakeland, FL Lowe's *****@lowes.com
Lisa W. Wardell President, CEO and Chairman of the Board Adtalem Global Education, Inc., Chicago, IL Lowe's *****@lowes.com
Marvin R. Ellison President and CEO Lowe’s Companies, Inc., Mooresville, NC Lowe's *****@lowes.com
Raul Alvarez Operating Partner Advent International Corporation, Boston, MA Lowe's *****@lowes.com
Richard W. Dreiling Chairman of the Board. Retired Chairman and CEO Dollar General Corporation, Goodlettsville, TN Lowe's *****@lowes.com
Sandra B. Cochran President and CEO Cracker Barrel Old Country Store, Inc., Lebanon, TN Lowe's *****@lowes.com

 

7 KEYS TO OPEN DOORS AT LOWE'S

Lowe's is laying off thousands of store employees under pressure to boost profits

  • Lowe's is laying off store workers who handle certain maintenance and product assembly tasks as the home-improvement chain continues to cut costs in a bid to boost profits.
  • The chain confirmed that it is "moving to third-party assemblers and facility services to allow Lowe’s store associates to spend more time on the sales floor serving customers.”
  • The number of layoffs is in the "thousands" and described the affected workers as including workers who "put together grills, wheelbarrows and other products."


Lowes Closes 51 Stores

  • In 2018, the company announced plans to close 51 stores as new CEO Marvin Ellison, the former head of J.C. Penney, began a campaign to overhaul the company's operations.
  • He also ordered the closure of the company's 99 Orchard Supply Hardware stores.


Lowe's opens 1 million square foot central Pennsylvania distribution center

  • The newly built 1.2 million-square-foot distribution center is located at 4532 United Drive in southampton Township, Franklin County at United Business Park. The facility will provide daily shipments of appliances and other bulky items such as riding mowers, grills and patio furniture to Lowe’s cross-dock facilities to be delivered to customers.
  • The facility also will replenish inventory at more than 130 stores in Pennsylvania, Maryland, Delaware, Virginia, West Virginia, New Jersey and New York. The new facility is part of the company’s plan to invest $1.7 billion to transform its supply chain over the next five years.
  • The company says it is building a network of bulk distribution centers and cross-dock facilities to coordinate deliveries at a market level and reduce inventory at regional distribution centers and stores. Lowe’s says that these changes will free up space and associates in stores and enable next-day delivery service for a broader range of products.


Lowes Engineering Team

  • The LWS_USA_Lowe's Innovation Labs' Engineering team is headquartered in Kirkland, WA
  • The Lowe's Engineering team, headquartered in Kirkland, WA, is responsible for delivering solutions that leverage emerging technologies to solve customer and business problems. This includes building software products using agile methodologies from a prototype in the concept development stage all the way through the lifecycle to full-scale production and integration back into the core enterprise.


Lowe's purchased Boomerang Commerce's pricing technology in May 2019

  • “Pricing and assortment planning have been identified as strategic areas in need of modernization. And when we find the right assets available to buy and advance our strategy, we’ll do that.” – Seemantini Godbole, Lowe’s Chief Information Officer


Lowe's shut down its Iris smart home platform in March 2019

  • In a move that may seem obvious in retrospect, Lowe’s has decided that its Iris smart home platform is not in fact going to take off.
  • Instead, the home improvement-focused retail chain is shutting the service down on March 31st, 2019 and advising all Iris users to kindly avoid taking their no-longer-functioning products back to a Lowe’s store.
  • The company says it will however give you some money back in the form of a prepaid Visa card that will help you “migrate to another smart home platform,” reads the company’s website.