MOORESVILLE, N.C.--(BUSINESS WIRE)--Sep. 3, 2013--
Lowe’s Companies, Inc. (NYSE:LOW) announced today that Michael P.
McDermott will join the company as senior vice president and general
merchandising manager- building and maintenance, a new position.
McDermott will be responsible for the Lumber & Building Materials,
Millwork, Hardware & Tools and Rough Plumbing & Electrical divisions. He
will report to Chief Merchandising Officer, Michael A. Jones.
McDermott joins Lowe’s from General Electric, where he served most
recently as sales leader-appliances and was also a member of the
company’s corporate commercial council. He brings more than 20 years of
experience in product leadership, merchandising, marketing and
“Mike’s experience leading merchandising for GE’s multi-billion dollar
appliance business as well as organizations that sell into the building
and maintenance space, will bring added value to Lowe’s merchandising
team,” explained Jones. “He understands the importance of brand
management, strong relationships with vendor-partners and how to lead
teams—skills which will help Lowe’s continue to improve product
assortment to better serve do-it-yourself and pro customers alike.”
In his new role, McDermott will work with Troy J. Dally, senior vice
president and general merchandising manager- seasonal and Clint T.
Davis, senior vice president and general merchandising manager-home
décor. McDermott earned a bachelor’s degree in communications from The
College of New Jersey and a master’s degree in political science from
With fiscal year 2012 sales of $50.5 billion, Lowe’s Companies, Inc. is
a FORTUNE® 100 company that serves approximately 15 million customers a
week at more than 1,825 home improvement and hardware stores in the
United States, Canada and Mexico. Founded in 1946 and based
in Mooresville, N.C., Lowe’s is the second-largest home improvement
retailer in the world. For more information, visit Lowes.com.
Source: Lowe’s Companies, Inc.
Lowe’s Companies, Inc.
Chris Ahearn, 704-758-2304