Lowe's Companies Management

Management criteria checks 3/4

Lowe's Companies' CEO is Marvin Ellison, appointed in Jul 2018, has a tenure of 6.33 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 MX$1.44B. The average tenure of the management team and the board of directors is 6 years and 6.5 years respectively.

Key information

Marvin Ellison

Chief executive officer

US$18.2m

Total compensation

CEO salary percentage	8.0%
CEO tenure	6.3yrs
CEO ownership	0.05%
Management average tenure	6yrs
Board average tenure	6.5yrs

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
Aug 02 2024	n/a	n/a	US$7b
May 03 2024	n/a	n/a	US$7b
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 ($USD18.16M) is above average for companies of similar size in the MX market ($USD5.78M).

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

CEO

Marvin Ellison (59 yo)

6.3yrs

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	6.3yrs	US$18.16m	0.046% MX$ 1.4b
Brandon Sink	Executive VP & CFO	2.6yrs	US$4.55m	0.0036% MX$ 112.0m
Juliette Pryor	Executive VP	1.5yrs	US$12.14m	0.0049% MX$ 153.8m
William Boltz	Executive Vice President of Merchandising	6.3yrs	US$5.74m	0.0062% MX$ 194.1m
Joseph McFarland	Executive Vice President of Stores	6.3yrs	US$5.79m	0.0095% MX$ 297.7m
Dan Griggs	Senior VP of Tax & Chief Accounting Officer	4.1yrs	no data	0.0020% MX$ 61.5m
Seemantini Godbole	Executive VP and Chief Information & Digital Officer	6yrs	US$5.17m	0.0053% MX$ 166.0m
Kate Pearlman	Vice President	no data	no data	no data
Jennifer Wilson	Senior VP & Chief Marketing Officer	less than a year	no data	no data
Janice Dupre	Executive Vice President of Human Resources	4.4yrs	no data	0.0054% MX$ 169.8m
Michael Tummillo	Senior VP & General Merchandising Manager of Building Products	10.5yrs	no data	no data
Vincent Scalese	Senior Vice President of Store Operations	6.8yrs	no data	no data

6.0yrs

Average Tenure

56.5yo

Average Age

Experienced Management: LOW *'s management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marvin Ellison	President	6.3yrs	US$18.16m	0.046% MX$ 1.4b
David Batchelder	Independent Director	6.7yrs	US$506.52k	0.0050% MX$ 155.4m
Brian Rogers	Independent Director	6.4yrs	US$426.52k	0.0018% MX$ 54.9m
Richard Dreiling	Lead Independent Director	12.8yrs	US$406.52k	0% MX$ 0
Sandra Cochran	Independent Director	8.8yrs	US$326.52k	0.00026% MX$ 8.1m
Bertram Scott	Independent Director	9yrs	US$331.52k	0% MX$ 0
Ralph Alvarez	Independent Director	14.3yrs	US$326.52k	0% MX$ 0
Laurie Douglas	Independent Director	9.5yrs	US$326.52k	0% MX$ 0
Mary Beth Elizabeth West	Independent Director	3.5yrs	US$306.52k	0% MX$ 0
Lawrence R. Simkins	Independent Director	less than a year	no data	no data
Scott Baxter	Independent Director	2.3yrs	US$306.52k	0% MX$ 0
Colleen Taylor	Independent Director	2.5yrs	US$306.52k	0.000010% MX$ 312.0k

6.5yrs

Average Tenure

64yo

Average Age

Experienced Board: LOW *'s board of directors are considered experienced (6.5 years average tenure).

Lowe's Companies Management

Management criteria checks 3/4

Key information

Recent management updates

Executive Vice President of Stores recently sold Mex$21m worth of stock

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

Executive VP & CFO recently sold Mex$8.5m worth of stock

Lowe's Companies, Inc. Announces Board Changes

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

Executive Vice President of Stores recently sold Mex$17m worth of stock

Recent updates

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable on February 5, 2025

Lowe's Introduces New Lowe's Digital Home Platform, Giving Its Loyalty Members Personalized Home Maintenance Support

Upcoming dividend of US$1.15 per share

Executive Vice President of Stores recently sold Mex$21m worth of stock

Second quarter dividend of US$1.15 announced

Lowe's Companies, Inc. Declares Quarterly Cash Dividend, Payable on November 6, 2024

Second quarter 2025 earnings released: EPS: US$4.19 (vs US$4.57 in 2Q 2024)

Lowe's Companies, Inc. Updates Earnings Guidance for the Year 2024

Upcoming dividend of US$1.15 per share

First quarter dividend of US$1.15 announced

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

Lowe's Companies, Inc. Affirms Earnings Guidance for the Year 2024

First quarter 2025 earnings released: EPS: US$3.07 (vs US$3.78 in 1Q 2024)

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

Fourth quarter dividend of US$1.10 announced

Fourth quarter dividend of US$1.10 announced

Full year 2024 earnings released: EPS: US$13.24 (vs US$10.20 in FY 2023)

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

Executive VP & CFO recently sold Mex$8.5m worth of stock

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

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

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

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

Executive Vice President of Stores recently sold Mex$17m worth of stock

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

Second quarter 2024 earnings released: EPS: US$4.58 (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 Mex$83m 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)

Insider recently sold Mex$35m worth of stock

Full year 2023 earnings released: EPS: US$10.23 (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 Mex$101m worth of stock

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

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

Third quarter 2023 earnings released: EPS: US$0.25 (vs US$2.74 in 3Q 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 Mex$65m 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

Now 22% undervalued

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

Upcoming dividend of US$1.05 per share

Now 20% undervalued after recent price drop

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

Now 23% undervalued after recent price drop

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