Lowe's Org Chart & Sales Intelligence Blog Post

Lowe's Company Logo

1000 Lowe's Boulevard
Mooresville, NC 28117
United States
704 758 1000
http://www.lowes.com

Ticker Symbol: (NYSE:LOW)
Sector(s): Consumer Cyclical
Industry: Home Improvement Retail
Full Time Employees: 300,000

 

Facebook: https://www.facebook.com/lowes
LinkedIn: https://www.linkedin.com/company/lowe's-home-improvement/jobs/
Twitter: https://twitter.com/Lowes
Instagram: https://www.instagram.com/loweshomeimprovement/
YouTube: https://www.youtube.com/Lowes

Lowe's Companies, Inc. 2021 Fortune 500 Rank: #31

 

The Lowe's Org Chart Report covers key business units including HR, Finance, IT, Operations and more.

PREVIEW

 Lowe's Org Chart on Board of Directors

 Lowe's Org Chart on Executive Leadership

 Lowe's Org Chart on Senior Leadership

 

Download the Lowe's Companies, Inc. Deep-Dive Report to see the full 11 organizational charts. 

 

The Lowe's Contact Spreadsheet is a directory of names, titles, phone numbers, and addresses.

PREVIEW

NAME TITLE EMAIL MAIN PHONE DIRECT PHONE
Quonta Vance SVP & General Merchandising Manager, Building Products quonta.d.vance@lowes.com (704) 758-1000 ZZZZ
Anthony Hurst President (Lowe's Canada) tony.hurst@lowes.com (704) 758-1000 ZZZZ
David Denton EVP & Chief Financial Officer david.denton@lowes.com (704) 758-1000 ZZZZ
Ryan Grimsland SVP - Corporate Finance and Treasurer ryan.grimsland@lowes.com (704) 758-1000 ZZZZ

 

Download the Lowe's Companies, Inc. Deep-Dive Report to gain contact information for all 974 contacts.

 

Lowe's Executive Leadership Team

NAME TITLE
Marvin R. Ellison Chairman, President & Chief Executive Officer
William P. Boltz Executive Vice President, Merchandising
David M. Denton Executive Vice President, Chief Financial Officer
Janice Dupre Executive Vice President, Human Resources
Donald E. Frieson Executive Vice President, Supply Chain
Seemantini Godbole Executive Vice President, Chief Information Officer
Anthony T. Hurst President, Lowe’s Canada
Ross W. Mccanless
Executive Vice President, General Counsel & Corporate Secretary
Joseph M. Mcfarland III Executive Vice President, Stores
Marisa F. Thalberg Executive Vice President, Chief Brand and Marketing Officer

 

Download the Lowe's Companies, Inc. Deep-Dive Report to gain access to profiles of the key decision-makers at Lowe's. 

 

Lowe's Senior Leadership Team

NAME TITLE
Mike Amend President, Online
Bryan G, Audiss Division President, North Division
J. Todd Bleckley
Senior Vice President & General Merchandising Manager, Hardlines
Sarah Dodd Senior Vice President, Global Merchandising
Brian R. Flanagan Division President, West Division
Aaron Flowe Senior Vice President, Store Merchandising
Clay Griggs Senior Vice President, Tax and Chief Accounting Officer
Ryan Grimsland Senior Vice President, Corporate Finance and Treasurer
Steve Mckalvey Senior Vice President, Supply Chain Operations Support
Ankur Mittal
Senior Vice President, Technology, and Managing Director of India
Matt Monroe Division President, South Division
Mike Sablowski Senior Vice President, Inventory, Replenishment & Planning
Vincent Scalese Senior Vice President, Store Operations
Neelima V. Sharma
Senior Vice President, Technology, E-Commerce, Marketing & Merchandising
David L. Shoop
Senior Vice President, Technology, Stores, Corporate Services, Pro & Services
Brandon Sink Senior Vice President, Retail Finance
Amaresh Siva
Senior Vice President, Innovation, Data and Supply Chain Technology
Fred L. Stokes Senior Vice President, Pro Sales & Services
Margi Vagell
Senior Vice President & General Merchandising Manager, Home Décor
Quonta D. Vance
Senior Vice President & General Merchandising Manager, Building Products
Jeff R. Vining
Senior Vice President, Deputy General Counsel & Chief Compliance Officer
Jennifer E. Wilson Senior Vice President, Brand Marketing

 

Download the Lowe's Companies, Inc. Deep-Dive Report to gain access to full executive profiles including Lowe's Canada Executive Team.

 

Lowe's Board of Directors

NAME TITLE COMPANY
Marvin R. Ellison Chairman and Chief Executive Officer Lowe's Companies, Inc,
Raul Alvarez Operating Partner Advent International Corporation
David H. Batchelder Founder, principal and member of the investment committee Relational Investors
Sandra B. Cochran President and Chief Executive Officer Cracker Barrel Old Country Store, Inc.
Laurie Z. Douglas Senior Vice President, Chief Information Officer and Chief Digital Officer Publix Super Markets, Inc.
Richard W. Dreiling Retired Chief Executive Officer Dollar General Corporation
Brian C. Rogers Non-Executive Chairman T. Rowe Price Group, Inc.
Bertram L. Scott Retired Senior Vice President of Population Health and Value Based Care Novant Health
Mary Beth West Retired Senior Vice President, Chief Growth Officer The Hershey Company

 

Lowe's Sales Trigger Events

PREVIEW

Seemantini Godbole, Chief Information Officer of Lowe’s Discusses the company's Tech Secret Sauce
August 9, 2021

Seemantini Godbole Lowe's CIOLowe’s was one of the first companies to adopt mobile devices in its stores. Currently, Lowe's has more than 110,000 mobile devices across its fleet. In addition to doubling as mobile checkout devices, the company also delivers associate training, organized in 5 and 10-minute chunks.

The majority of Lowe’s tech is built in-house, including the self-checkout terminals in roughly 580 of its 1,700+ U.S. stores. The company develops them in-house to enable Lowe’s to customize further. Lowe's also integrates its loyalty programs beyond what they found vendors could provide.

“We never print instructions. We never bring the user manual. We have no training on how to use this, because the whole point is for it to be simple and intuitive to use,” Godbole says.
Source

 

Lowe's Dives Into Its Transformation Plan
July 21, 2021

Lowe's investments


Lowe's has made strategic investments in its business transformation, reorganization, and elimination of non-performing stores. It proceeded with expansion to Canada, improved omnichannel, e-commerce, delivery neork, and supply chain infrastructure. The company is currently performing a strategic rotation towards PROs to improve its positioning and enhance LOW brand recognition among professionals.
Source

 

How Lowe’s is planning to win out contractors from Home Depot
April 13, 2021

Home Depot logo
Lowe's is currently working to enhance its professional customer business. This segment generates about one-quarter of sales. Lowe’s “pro” comparable sales grew 20% in 2020, while the DIY business grew multiple percentage points. Lowe's is working to establish this segment as the best performing segment in the retail industry in hopes to compete with Home Depot.
Source 

 

Lowe’s Key Strategy for Market Share Growth ‘Total Home’ Turns House Into Home
January 14, 2021

Marisa Thalberg Lowe's
The Lowe's three-year strategic plan is devoted to strengthening retail operations – merchandising, supply chain, and customer engagement. The next 18 to 36 months will be used to build up the fundamentals for growth. For the “Total Home” strategy to work at taking market share, Lowe’s must become the first,

To assist the strategy Lowe's recently-appointed executive vice president of marketing and branding Marisa Thalberg
Source 

Download the Lowe's Companies, Inc. Deep-Dive Report to gain access to all 45 sales trigger events.

 

Lowe's Earnings Call Highlights 

PREVIEW

Lowe's Companies, Inc. (NYSE:LOW) Q1 2021 Earnings Conference Call

May 19, 2021

Executives in Attendance:

  • Kate Pearlman - Vice President of Investor Relations
  • Marvin Ellison - President & Chief Executive Officer
  • Bill Boltz - Executive Vice President, Merchandising
  • Joe McFarland - Executive Vice President, Stores
  • David Denton - Executive Vice President & Chief Financial Officer

Analysts Present:

  • Simeon Gutman - Morgan Stanley
  • Elizabeth Suzuki - Bank of America Merrill Lynch
  • Michael Baker - D.A. Davidson & Co.
  • Christopher Horvers - J.P. Morgan
  • Chuck Grom - Gordon Haskett
  • Scott Mushkin - R5 Capital
  • Brian Nagel - Oppenheimer & Co.
  • Steven Forbes - Guggenheim Securities LLC  

Comments from Marvin Ellison, CEO:

"Our improved operating margin also reflects the progress of our operational transformation driven by our perpetual productivity initiatives, or PPI. On Lowe's .com, sales grew 36.5% on top of 80% growth in the first quarter of 2020, which represents a 9% sales penetration this quarter, and a 2-year comp of 146%."

"With customer demand for an integrated omni-channel shopping experience only increasing, we continue to invest in our omni-channel capabilities."

"In addition to the strength in Pro, we delivered over 60% comps along with significant increase in customer satisfaction in our installation services business. We've overhauled this business and improved the service offering by consolidating our provided network and implementing industry leading technology."

"We're focused on expanding our private brand penetration with a balanced brand strategy that includes a powerful national brand portfolio that appeals to both Pro and DIY customers. At the same time, we'll offer a select number of high value private brands building consumer loyalty for these products."

Marvin Ellison CEO Lowe's

 

Comments from Joe Mcfarland, EVP - Stores: 

 "As Marvin mentioned, our focus on perpetual productivity improvement or PPI initiative continued to yield results during this quarter. As we leverage store payroll by using technology to reduce tasking hours, improve customer service and increase sales productivity. For example, we rolled out digital signs first in appliances and most recently in our lumber department."

"We're also driving productivity in our in-store fulfillment. This quarter, we expanded our contactless shopping options by completing the rollout of BOPIS lockers to 100% of our U.S. stores in April. Customers really enjoy these touchless easy to use lockers. In fact, this has already become the highest rated store fulfillment options. Having BOPIS lockers in 100% of our U.S. stores will allow us to expand our omni-channel capabilities, further improve customer satisfaction and limit customer congestion at our service desk."

Source

 

Lowe's Financial Highlights 

Fiscal Year
Fiscal Year Ends January 29, 2022
Most Recent Quarter April 30, 2021
Profitability
Profit Margin 7.23%
Operating Margin 12.87%
Management Effectiveness
Return on Assets 15.65%
Return on Equity 631.10%
Income Statement
Revenue $94.34 Billion
Revenue Per Share 127.71
Quarterly Revenue Growth 24.10%
Gross Profit 29.58B
EBITDA 13.81B
Net Income Avi to Common 6.79B
Diluted EPS 9.17
Quarterly Earnings Growth 73.60%
Balance Sheet
Total Cash 7.17B
Total Cash Per Share 10.14
Total Debt 27.72B
Total Debt/Equity 6,229.21
Current Ratio 1.17
Book Value Per Share 0.62
Cash Flow Statement
Operating Cash Flow 11.09B
Levered Free Cash Flow 7.89B

 

Highlights from 2020 CEO's Letter to Shareholders

Marvin Ellison
President and Chief Executive Officer

Marvin Ellison CEO Lowe's

"We also continued to enhance the Lowe’s mobile app to improve the customer pickup experience. We rolled out a geofencing technology that allows customers to alert our stores when they are on their way to pick up their orders, which enables quicker fulfillment when they arrive at the store. We also stood up dedicated fulfillment teams to handle all in-store fulfillment orders. All these technology and process enhancements have already driven improvements in customer satisfaction and speed of service."

"We also accelerated the re-platforming of Lowes.com from a decade-old platform to the cloud. This truly transformed site stability, which enabled the site to handle an over 70% increase in traffic volumes in 2020. We more than doubled our online assortment, increasing online items from 1 million at the beginning of the year to 2.2 million by yearend."

"We also improved the customer experience with simplified search, navigation and checkout options and the ability to shop products by collection. Additionally, we expanded our direct-to-consumer shipping capacity by opening a second Lowes.com Fulfillment Center in the fall, located in Southern California."

"Shortly after joining the Company in 2018, I worked with the new executive leadership team to establish a retail fundamentals strategy with the objective of transforming Lowe’s into a word-class omni-channel retailer. This strategy focused on building our operating capabilities through strategic investments in merchandising excellence, supply chain transformation, operational efficiency and customer engagement."

"At the end of 2020, we launched the powerful next chapter in our journey — our “Lowe’s Total Home” strategy aimed at further accelerating market share gains. Total Home is Lowe’s strategy to ensure our product and service portfolio offers the complete home improvement solution for every DIY, DIFM and Pro customer when, where and how they want to shop."

Source

Download the Lowe's Companies, Inc. Deep-Dive Report to gain access to full Lowe's investor presentations and earnings call highlights.

 

Lowe's Growth Initiatives

Intensifying Focus On Pro Customers
  • Leveraging technology enhancing the Pro experience in-store and online
  • Expanding Pro services launching tool rentals deliveries and new CRM tool

Expanding Online Business

  • Expanding online-only assortment across core categories from Appliances to Kitchens & Bath and Décor
Modernizing Installation Services
  • Overhauling installation business to drive sales and reduce overhead expenses

Improving Localization

  • Improving space productivity and product margins

Elevating Our Product Assortment

  • Expanding product assortment to target evolving consumer needs that span across generations
 

Lowe's Operations

Currently, Lowe's has 1,974 operating stores.1,734 are located in the United States with the other 240 being located in Canada.

Lowe's currently operates 3 contact centers. These centers are located in Indianapolis, Indiana, Wilkesboro, North Carolina, and Albuquerque, New Mexico.

 

Lowe's Innovation Labs

Lowe's Innovation Labs

Lowe’s Innovation Labs is responsible for utilizing emerging technologies to advance home improvement. Lowe’s Innovation Labs prototype and scales new solutions to improve customer experience.

Focus Areas:

  • Advanced Visualization
  • Robotics
  • On-Demand Manufacturing
  • Virtual Training

There are three distinct innovation teams with Lowe's Innovation Labs.

  • Creative Technology Team
  • Ecosystem Tesam
  • Development Team

Lowe’s Innovation Labs operates in 3 locations: Kirkland, WA, Mooresville, NC and Bangalore, India.

Download the Lowe's Companies, Inc. Deep-Dive Report to see in-depth analysis of the company's operations and innovation teams.

 

More on Lowe's Companies, Inc.

 

About databahn

databahn builds customized deep dive account intelligence reports to help sellers and marketers eliminate costly research time and build pipeline opportunities. databahn focuses on large and complex Fortune 500, Fortune 1000, Global 2000, State Government, and Higher Education organizations. databahn's highly experienced research team is located in beautiful Nashua, New Hampshire. For more information, please email info@databahn.com