MOORESVILLE, N.C., Nov. 17 /PRNewswire-FirstCall/ -- Lowe's Companies,
Inc. (NYSE: LOW) announced today the company has promoted Matthew V.
Hollifield to senior vice president and chief accounting officer, replacing
Ken Black, who announced his plans to leave the company to pursue other career
opportunities. Hollifield, 39, will report to Bob Hull, Lowe's executive vice
president and chief financial officer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO )
Hollifield joined Lowe's in 2002 as vice president of corporate accounts
payable, having served previously with Century Furniture Industries as its
chief financial officer from 2000 to 2002. He has 17 years experience in
finance, accounting, strategic planning and public accounting.
"Matt has strong accounting and business experience and has demonstrated
tremendous leadership skills since joining Lowe's," said Hull. "He is
certainly ready to assume this new role.
"We thank Ken for his many contributions to Lowe's and certainly wish him
well in his future business endeavors."
Hollifield has a bachelor's degree in business administration from
Appalachian State University and earned an M.B.A. from Duke University. He is
a certified public accountant.
With fiscal year 2004 sales of $36.5 billion, Lowe's Companies, Inc. is a
FORTUNE(R) 50 company that serves approximately 11 million customers a week at
more than 1,150 home improvement stores in 49 states. Based in Mooresville,
N.C., the 59-year old company is the second-largest home improvement retailer
in the world. For more information, visit Lowes.com.
SOURCE Lowe's Companies, Inc.
/CONTACT: Media Inquiries, Chris Ahearn, +1-704-758-2304, or Shareholder-
Analyst Inquiries, Paul Taaffe, +1-704-758-2033, both of Lowe's Companies,
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, firstname.lastname@example.org /
/Web site: http://www.lowes.com /
CO: Lowe's Companies, Inc.
ST: North Carolina
IN: REA CST HOU
-- CLTH009 --
2917 11/17/2005 07:00 EST http://www.prnewswire.com