Recent Releases

12/19/17 - Vikram Singh To Join Lowe's As Chief Digital Officer
New role will champion company's holistic digital experience to simplify shopping for home improvement customers MOORESVILLE, N.C., Dec. 19, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today Vikram Singh has been named the company's senior vice president, chief digital officer, effective Jan. 4, 2018. The newly created role will report to Michael P. McDermott, chief customer officer, and will further accelerate Lowe's digital evolution and drive a holistic integrated str
12/06/17 - Lowe's Names Sylvain Prud'homme President, International
Prud'homme also retains role as President and CEO of Lowe's Canada MOORESVILLE, NC, Dec. 6, 2017 /CNW/ - Lowe's Companies, Inc. (NYSE: LOW) today announced that Sylvain Prud'homme has been appointed president, international, effective Dec. 15. He will report to Chairman, President & CEO Robert A. Niblock and will remain based in Boucherville, Quebec. Prud'homme will continue to serve as president and CEO of Lowe's Canada and add responsibilities for the Mexico business, wit
11/21/17 - Lowe's Reports Third Quarter Sales and Earnings Results
-- Comparable Sales Increased 5.7 Percent for the Third Quarter -- -- Diluted Earnings Per Share of $1.05 -- MOORESVILLE, N.C., Nov. 21, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $872 million and diluted earnings per share of $1.05 for the quarter ended Nov. 3, 2017, compared to net earnings of $379 million and diluted earnings per share of $0.43 in the third quarter of 2016.  Diluted earnings per share increased 19.3 percent from adjusted dilut
11/21/17 - Lowe's Appoints Richard D. Maltsbarger Chief Operating Officer
-Rick D. Damron to retire in February 2018 after 36 years with Lowe's- MOORESVILLE, N.C., Nov. 21, 2017 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that Richard D. Maltsbarger, Lowe's chief development officer and president, international, has been appointed chief operating officer, effective Feb. 3, 2018, and will continue to report to Robert A. Niblock, chairman, president and CEO. Maltsbarger succeeds Rick D. Damron who plans to retire after 36 years with the company
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Biography

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Richard D. Maltsbarger
Chief Development Officer & President, International

Richard Maltsbarger was named chief development officer in 2014 and president of international in 2015. He is responsible for corporate strategy and business development, as well as international operations and development.

From 2013 to 2015, he served as president of Orchard Supply Hardware, a chain of neighborhood hardware and backyard stores that Lowe’s acquired in August 2013.

Previously, Maltsbarger served as business development executive since 2012, where he led the strategic planning and realization function, research and consumer insights, as well as the company’s innovation center. Maltsbarger joined Lowe’s in 2004 as director of customer analytics and, during his tenure, served as senior vice president of strategy, vice president of strategic planning and vice president of research. 

Maltsbarger earned his bachelor’s and master’s degrees in agricultural economics from the University of Missouri and an MBA from Washington University in St. Louis.