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August 04, 2015 12:25 PM ET

Specialty Retail

Company Overview of Lowe's Companies Inc.

Company Overview

Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment. The company also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. It provides national brand-name merchandise and...

1000 Lowe's Boulevard

Mooresville, NC 28117

United States

Founded in 1946

175,000 Employees

Phone:

704-758-1000

Key Executives for Lowe's Companies Inc.

Chairman, Chief Executive Officer, President and Chairman of Executive Committee
Age: 52
Total Annual Compensation: $1.3M
Chief Financial Officer
Age: 50
Total Annual Compensation: $726.0K
Chief Operating Officer
Age: 52
Total Annual Compensation: $780.0K
Chief Customer Officer
Age: 53
Total Annual Compensation: $583.8K
Chief Human Resources Officer
Age: 59
Total Annual Compensation: $527.0K
Compensation as of Fiscal Year 2014.

Lowe's Companies Inc. Key Developments

Lowe's to Exclusively Offer Hitachi Power Tools Nationally

Lowe's Companies Inc. and Hitachi Power Tools announced the introduction of the line of professional grade Hitachi pneumatic nailers and fasteners exclusively at Lowe's stores nationwide and online at Lowes.com. Lowe's now offers the broadest selection of Hitachi power tools, with a lineup of tools the pros prefer most with the latest innovations that deliver lighter, faster and more durable products. The new Hitachi Power Tool displays are joining the existing lineup of Hitachi tools at Lowe's and are rolling out to stores this month. To make the shopping experience simpler for consumers, Hitachi pneumatics will be featured in a dedicated brand display with color-coded nailers, associated fasteners and accessories located directly below the coordinating tools for efficiency. Pro and DIY consumers alike will find increased on-hand availability and the diversity of tool selection needed to tackle any pneumatic tool and fastener application. The Hitachi fasteners will also be clearly labeled by the local building codes for quick and easy identification. Hitachi provides heritage in wood-to-wood construction and has a long-standing reputation with the pro. Building professionals know Hitachi for residential construction as the market leader for more than 20 years and reach for Hitachi tools when durability and performance can't be sacrificed. The Hitachi pneumatic set will offer a complete variety of stick-style framing nailers, a coil siding nailer, a coil framing nailer and Strap-Tite Fastening system nailers for securing pre-drilled metal connectors to wood, a complete line of finish nailers (15-Gauge, 16-Gauge, 18-Gauge and 23-Gauge), and various pneumatic staplers along with a sub-section designed for driving collated screws. The line will also feature a comprehensive mix of related Hitachi nails, staples and collated screws to complete jobs specific to local market needs as well as all the related Hitachi accessories, such as compressor hoses and pneumatic fittings and couplers, pros need. These nailers are covered by Hitachi's 5-year warranty. The new tools will join Lowe's exclusive current Hitachi offering, which includes cordless tools, saws, routers, sanders, planers, grinders, compressors, corded tools, associated accessories and more.

Lowe's Companies Promotes Tiffany Mason to Senior Vice President of Corporate Finance and Treasurer

Lowe's Companies reported that Tiffany L. Mason has been promoted to senior vice president of corporate finance and treasurer. Mason will continue to report to Chief Financial Officer Robert F. Hull Jr. In her expanded role, Mason is taking on responsibility for financial planning and analysis, while she retains responsibility for the investor relations and treasury functions. Mason has nearly 20 years of experience in accounting and corporate finance across various industries, including technology, manufacturing, banking and retail. She joined Lowe's in 2006 as senior manager-external reporting and accounting policy, and was promoted to director a year later. She was promoted to VP, investor relations in 2010 and VP, finance and treasurer in 2013.

Lowe's Companies Inc. Names Tiffany L. Mason as SVP-Corporate Finance and Treasurer

Lowe's Companies Inc. announced that Tiffany L. Mason has been promoted to senior vice president of corporate finance and treasurer. Mason will continue to report to Chief Financial Officer Robert F. Hull Jr. In her expanded role, Mason is taking on responsibility for financial planning and analysis, while she retains responsibility for the investor relations and treasury functions. Mason has nearly 20 years of experience in accounting and corporate finance across various industries, including technology, manufacturing, banking and retail. She joined Lowe's in 2006 as senior manager-external reporting and accounting policy, and was promoted to director a year later. She was promoted to VP, investor relations in 2010 and VP, finance and treasurer in 2013.

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