Lowe’s Selects Summers for Chief Information Officer Post

  Lowe’s Selects Summers for Chief Information Officer Post

Business Wire

MOORESVILLE, N.C. -- June 22, 2012

Lowe’s announced today that Kevin V. Summers has been appointed chief
information officer, effective July 9, 2012. Summers will report to Chairman,
President and CEO Robert A. Niblock. He replaces Michael K. Brown, who retired
earlier this month.

Summers brings to Lowe’s more than 20 years of experience in
technology-related fields, having served most recently as senior vice
president and global chief information officer for Whirlpool Corporation.
During his career, Summers has worked with some of the country’s leading
brands, including The Coca Cola Company, Bell South Technology Services and
General Electric.

“Lowe’s has made significant investments in technology to provide employees
with the tools they need to improve the customer experience. Kevin has an
outstanding track record of aligning IT systems with the needs of complex
businesses to achieve maximum results,” said Niblock. “We look forward to his
joining the Lowe’s team as we continue to develop and execute our strategy for
the future.”

As CIO, Summers will be responsible for all aspects of IT, including
continuing to develop a technology portfolio that can seamlessly support the
operations of the company’s stores, distribution network, e-commerce
platforms, and future business technology needs. He earned a bachelor’s degree
in computer science from The College of Charleston and an M.B.A. from Duke
University.

With fiscal year 2011 sales of $50.2 billion, Lowe’s Companies, Inc. is a
FORTUNE^® 100 company that serves approximately 15 million customers a week at
more than 1,745 home improvement stores in the United States, Canada and
Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the
second-largest home improvement retailer in the world. For more information,
visit Lowes.com.

Contact:

Media:
Lowe’s Companies, Inc.
Julie Yenichek, 704-758-4364
julie.v.yenichek@lowes.com
or
Investors:
Tiffany Mason, 704-758-2033
tiffany.l.mason@Lowes.com
 
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