Lowe's Companies Management

Management criteria checks 3/4

Lowe's Companies' CEO is Marvin Ellison, appointed in Jul 2018, has a tenure of 5.75 years. total yearly compensation is $18.16M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth €56.11M. The average tenure of the management team and the board of directors is 5.5 years and 6.1 years respectively.

Key information

Marvin Ellison

Chief executive officer

US$18.2m

Total compensation

CEO salary percentage	8.0%
CEO tenure	5.8yrs
CEO ownership	0.05%
Management average tenure	5.5yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marvin Ellison's remuneration changed compared to Lowe's Companies's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 02 2024	US$18m	US$1m	US$8b
Nov 03 2023	n/a	n/a	US$8b
Aug 04 2023	n/a	n/a	US$6b
May 05 2023	n/a	n/a	US$6b
Feb 03 2023	US$17m	US$1m	US$6b
Oct 28 2022	n/a	n/a	US$7b
Jul 29 2022	n/a	n/a	US$8b
Apr 29 2022	n/a	n/a	US$8b
Jan 28 2022	US$18m	US$1m	US$8b
Oct 29 2021	n/a	n/a	US$8b
Jul 30 2021	n/a	n/a	US$7b
Apr 30 2021	n/a	n/a	US$7b
Jan 29 2021	US$23m	US$1m	US$6b
Oct 30 2020	n/a	n/a	US$5b
Jul 31 2020	n/a	n/a	US$6b
May 01 2020	n/a	n/a	US$5b
Jan 31 2020	US$12m	US$1m	US$4b
Nov 01 2019	n/a	n/a	US$3b
Aug 02 2019	n/a	n/a	US$3b
May 03 2019	n/a	n/a	US$2b
Feb 01 2019	US$14m	US$864k	US$2b

Compensation vs Market: Marvin's total compensation ($USD18.16M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Marvin's compensation has been consistent with company performance over the past year.

CEO

Marvin Ellison (58 yo)

5.8yrs

Tenure

US$18,162,272

Compensation

Mr. Marvin R. Ellison has been a Director of FedEx Corporation since 2014. Mr. Ellison serves as the President, Chief Executive Officer and Director of Lowe’s Companies, Inc since July 2, 2018. He serves a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marvin Ellison	President	5.8yrs	US$18.16m	0.046% $ 56.1m
Brandon Sink	Executive VP & CFO	2yrs	US$4.55m	0.0036% $ 4.4m
Juliette Pryor	Executive VP	less than a year	US$12.14m	0.0053% $ 6.5m
William Boltz	Executive Vice President of Merchandising	5.7yrs	US$5.74m	0.0062% $ 7.6m
Joseph McFarland	Executive Vice President of Stores	5.7yrs	US$5.79m	0.010% $ 12.5m
Dan Griggs	Senior VP of Tax & Chief Accounting Officer	3.5yrs	no data	0.0019% $ 2.4m
Seemantini Godbole	Executive VP and Chief Information & Digital Officer	5.4yrs	US$5.17m	0.0053% $ 6.5m
Kate Pearlman	Vice President	no data	no data	no data
Janice Dupre	Executive Vice President of Human Resources	3.8yrs	no data	0.0054% $ 6.6m
Michael Tummillo	Senior VP & General Merchandising Manager of Building Products	9.9yrs	no data	no data
Vincent Scalese	Senior Vice President of Store Operations	6.3yrs	no data	no data
Fred Stokes	Division President of West Division	no data	no data	no data

5.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: LWE's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marvin Ellison	President	5.8yrs	US$18.16m	0.046% $ 56.1m
David Batchelder	Independent Director	6.1yrs	US$506.52k	0.0049% $ 6.1m
Brian Rogers	Independent Director	5.8yrs	US$426.52k	0.0018% $ 2.1m
Richard Dreiling	Lead Independent Director	12.3yrs	US$406.52k	0% $ 0
Sandra Cochran	Independent Director	8.3yrs	US$326.52k	0.00026% $ 319.0k
Bertram Scott	Independent Director	8.4yrs	US$331.52k	0% $ 0
Ralph Alvarez	Independent Director	13.7yrs	US$326.52k	0% $ 0
Laurie Douglas	Independent Director	8.9yrs	US$326.52k	0% $ 0
Mary Beth Elizabeth West	Independent Director	2.9yrs	US$306.52k	0% $ 0
Scott Baxter	Independent Director	1.7yrs	US$306.52k	0% $ 0
Colleen Taylor	Independent Director	1.9yrs	US$306.52k	0.000010% $ 12.3k

6.1yrs

Average Tenure

65yo

Average Age

Experienced Board: LWE's board of directors are considered experienced (6.1 years average tenure).

Lowe's Companies Management

Management criteria checks 3/4

Key information

Recent management updates

Lowe's Companies, Inc., Annual General Meeting, May 31, 2024

Lowe's Companies, Inc. Announces Board Changes

Lowe's Companies, Inc. Announces Daniel J. Heinrich, Resign as A Director

Lowe's Companies, Inc. Appoints Quonta (Que) Vance as Executive Vice President, Pro and Home Services

Insider recently sold €4.4m worth of stock

Insider recently sold €1.8m worth of stock

Recent updates

Lowe's Companies, Inc., Annual General Meeting, May 31, 2024

Upcoming dividend of US$1.10 per share

Fourth quarter dividend of US$1.10 announced

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable May 8, 2024

Lowe's Companies, Inc. Provides Earnings Guidance for He Full Year 2024

Full year 2024 earnings released: EPS: US$13.28 (vs US$10.20 in FY 2023)

Lowe's Companies, Inc. Unveils Lowe's Style Studio for Apple Vision Pro

Lowe's and STAINMASTER Unveil 2024 Color of the Year

Upcoming dividend of US$1.10 per share at 2.0% yield

Lowe's Companies, Inc. Announces Board Changes

Third quarter 2024 earnings released: EPS: US$3.08 (vs US$0.25 in 3Q 2023)

Lowe's Companies, Inc. Revises Earnings Guidance for the Year 2023

Lowe's Companies, Inc. Revises Earnings Guidance for the Year 2023

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable February 7, 2024

Lowe's Companies, Inc. Announces Daniel J. Heinrich, Resign as A Director

Upcoming dividend of US$1.10 per share at 2.2% yield

Lowe's Companies, Inc. Affirms Sales Guidance for the Full Year 2023

Second quarter 2024 earnings released: EPS: US$4.57 (vs US$4.68 in 2Q 2023)

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable on Payable November 8, 2023

Upcoming dividend of US$1.10 per share at 1.9% yield

Lowe's Companies, Inc. Appoints Quonta (Que) Vance as Executive Vice President, Pro and Home Services

Insider recently sold €4.4m worth of stock

Lowe's Companies, Inc Declares Quarterly Cash Dividend, Payable Aug. 9, 2023

Lowe's Companies, Inc. Provides Sales Guidance for the Full Year 2023

First quarter 2024 earnings released: EPS: US$3.79 (vs US$3.52 in 1Q 2023)

Upcoming dividend of US$1.05 per share at 2.0% yield

Insider recently sold €1.8m worth of stock

Full year 2023 earnings released: EPS: US$10.20 (vs US$12.08 in FY 2022)

Sycamore Partners Management, L.P. acquired Lowe's Companies Canada, ULC from Lowe's Companies, Inc. (NYSE:LOW).

Upcoming dividend of US$1.05 per share

Executive VP recently sold €4.8m worth of stock

Lowe's Companies, Inc. (NYSE:LOW) announces an Equity Buyback for $15,000 million worth of its shares.

Third quarter 2023 earnings released: EPS: US$0.25 (vs US$2.74 in 3Q 2022)

Lowe's Companies, Inc. Provides Earnings Guidance for the Full Year 2022

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable on February 8, 2023

Sycamore Partners Management, L.P. entered into an agreement to acquire Lowe's Companies Canada, ULC from Lowe's Companies, Inc. (NYSE:LOW) for $400 million.

Upcoming dividend of US$1.05 per share

Lowe's Unveils Industry-First Digital Twin, Giving Associates 'Superpowers' to Better Serve Customers

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable on November 2, 2022

Insider recently sold €3.2m worth of stock

Second quarter 2023 earnings released: EPS: US$4.68 (vs US$4.27 in 2Q 2022)

Lowe's Companies, Inc. Provides Earnings Guidance for the Full Year 2022

Lowe's Companies, Inc. Appoints Scott H. Baxter as A Director

Upcoming dividend of US$1.05 per share

Lowe's Companies, Inc. Announces Increase in Quarterly Cash Dividend, Payable on August 3, 2022

First quarter 2023 earnings released: EPS: US$3.52 (vs US$3.22 in 1Q 2022)

Lowe's Companies, Inc. Provides Earnings Guidance for the Full Year 2022

Lowe's Companies, Inc., Annual General Meeting, May 27, 2022

Upcoming dividend of US$0.80 per share

Lowe's Companies, Inc. Appoints Brandon Sink as Executive Vice President

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Lowe's Companies, Inc. Provides Earnings Guidance for the Full Year 2022

Lowe's Launches New Exclusive Home Décor Brand, Origin21™, to Deliver Approachable, Modern Design for Everyday Living

Now 21% undervalued

Upcoming dividend of US$0.80 per share

Lowe's Companies, Inc. Reiterates Earnings Guidance for the Year 2021 and Provides Earnings Guidance for the Year 2022

Third quarter 2022 earnings released: EPS US$2.74 (vs US$0.92 in 3Q 2021)

Upcoming dividend of US$0.80 per share

Second quarter 2022 earnings released: EPS US$4.27 (vs US$3.75 in 2Q 2021)

Lowe's Companies, Inc. Provides Earnings Guidance for the Full Year 2021

Independent Director Angela Rose Braly has left the company

Upcoming dividend of US$0.80 per share

Independent Director has left the company

Independent Director has left the company

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable on August 4, 2021

First quarter 2022 earnings released: EPS US$3.23 (vs US$1.77 in 1Q 2021)

Upcoming dividend of US$0.60 per share

Full year 2021 earnings released: EPS US$7.77 (vs US$5.49 in FY 2020)

Lowe's Companies, Inc. Declares Cash Dividend, Payable May 5, 2021