Recent Releases

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:
08/19/16 - Lowe's Companies, Inc. Declares Cash Dividend
MOORESVILLE, N.C., Aug. 19, 2016 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of thirty five cents ($0.35) per share, payable November 2, 2016, to shareholders of record as of October 19, 2016. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe's and its rel
08/17/16 - Lowe's Reports Second Quarter Sales and Earnings Results
-- Loss on Foreign Currency Hedge Impacts Diluted Earnings Per Share by $0.06 -- MOORESVILLE, N.C., Aug. 17, 2016 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.2 billion for the quarter ended July 29, 2016, a 3.7 percent increase over the same period a year ago. Diluted earnings per share increased 9.2 percent to $1.31 from $1.20 in the second quarter of 2015. For the six months ended July 29, 2016, net earnings increased 14.0 percent from the same perio
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Biography

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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.