Recent Releases

10/27/16 - Lowe's Appoints Michael P. McDermott Chief Customer Officer
MOORESVILLE, N.C., Oct. 27, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Michael P. McDermott has been promoted to the position of chief customer officer, effective immediately. He will report to Robert A. Niblock, Lowe's chairman, president and CEO. McDermott currently serves as Lowe's chief merchandising officer, a position he has held since 2014. In his new and expanded role, McDermott will be responsible for creating experiences that best serve customers
10/07/16 - Lowe's Agrees to Acquire Rona's Preferred Shares for C$24 Per Share
MOORESVILLE, N.C. and BOUCHERVILLE, Quebec, Oct. 7, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) ("Lowe's") and RONA inc. (TSX: RON, RON.PR.A) ("RONA") announced today that Lowe's, through a wholly owned subsidiary, and RONA have entered into a definitive agreement for the acquisition of RONA's outstanding Cumulative 5-Year Rate Reset Series 6 Class A Preferred Shares and Cumulative Floating Rate Series 7 Class A Preferred Shares (collectively, the "Preferred Shares") for C$24 per sha
09/12/16 - Han Joins Lowe's As SVP, Business Development
-- Leads innovation and development capabilities shaping home improvement's future -- MOORESVILLE, N.C., Sept. 12, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that James K. Han has joined Lowe's as senior vice president of business development. He reports to Chief Development Officer Richard D. Maltsbarger. In this new role, Han is responsible for accelerating the company's business development strategy focused on identifying and implementing growth opportunit
09/02/16 - Lowe's to Webcast Presentation from the Goldman Sachs 23rd Annual Global Retailing Conference
MOORESVILLE, N.C., Sept. 2, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president, and chief executive officer, and Robert F. Hull, Jr., chief financial officer, will present at the Goldman Sachs 23rd Annual Global Retailing Conference in New York, NY.   What: Presentation by Robert Niblock and Bob Hull at the Goldman Sachs 23rd Annual Global Retailing Conference in New York, NY When:   1:
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Richard D. Maltsbarger
Chief Development Officer and President of 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 west coast 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 consumer analytics and, during his tenure, served as senior vice president of strategy, vice president of strategic planning and vice president of research.

He currently serves on the board of directors of Masters, Lowe’s joint venture with Woolworths in Australia. Maltsbarger earned his bachelor’s and master’s degrees in agricultural economics from the University of Missouri and an M.B.A. from Washington University in St. Louis.