Recent Releases

05/24/18 - Lowe's to Webcast Annual Meeting of Shareholders
MOORESVILLE, N.C., May 24, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) invites you to listen to a live webcast of its 2018 Annual Meeting of Shareholders at 10:00 a.m. Eastern Time on Friday, June 1, 2018. What:        Lowe's Annual Meeting of Shareholders When:         10:00 a.m. Eastern Time on Friday, June 1, 2018 Where:      Visit Lowe's Investor Relations website at http://www.Lowe
05/23/18 - Lowe's Reports First Quarter Sales And Earnings Results
-- Reaffirms Fiscal Year 2018 Guidance -- MOORESVILLE, N.C., May 23, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $988 million and diluted earnings per share of $1.19 for the quarter ended May 4, 2018, compared to net earnings of $602 million and diluted earnings per share of $0.70 in the first quarter of 2017. Diluted earnings per share increased 15.5 percent from adjusted diluted earnings per share1 of $1.03 in the same period a year ago.
05/22/18 - Lowe's Names Marvin Ellison President And Chief Executive Officer
30-Year Retail Industry Veteran Brings Significant Experience in Leadership, Operations and Omni-Channel Strategies Lowe's Director Richard W. Dreiling to Become Chairman of the Board MOORESVILLE, N.C., May 22, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that Marvin R. Ellison has been named president and CEO, effective July 2, 2018. He will also join Lowe's board of directors at that time. Ellison succeeds Robert A. Niblock, who previously announced his intenti
05/16/18 - Lowe's Companies, Inc. Invites You to Join Its First Quarter 2018 Earnings Conference Call Webcast
MOORESVILLE, N.C., May 16, 2018 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) first quarter 2018 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, May 23, 2018 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Michael P. McDermott, chief customer officer; and Marshall A. Croom, chief financial officer.  Supplemental slides will be available fi
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Biography

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Richard D. Maltsbarger
Chief Operating Officer

Richard Maltsbarger was promoted to chief operating officer in 2018. He is accountable for creating and leading high-performing teams that design and execute seamless omni-channel customer experiences and enable more than 250,000 U.S. Lowe’s and Orchard Supply Hardware associates to help people love where they live. His responsibilities include leading store operations, supply chain, services, pro sales, loss prevention and real estate.

Maltsbarger joined Lowe’s in 2004 and most recently served as chief development officer and president of international. Previously, he served as president of Orchard Supply Hardware, a chain of neighborhood hardware and backyard stores that Lowe’s acquired in August 2013. During his tenure, Maltsbarger also has served as business development executive, senior vice president of strategy, vice president of strategic planning, vice president of research and director of customer analytics.

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.