MOORESVILLE, N.C., Nov. 13, 2015 /PRNewswire/ -- At its meeting
today, the board of directors of Lowe's Companies, Inc. (NYSE: LOW)
appointed Bertram L. Scott, 65, to
the board, effective immediately. Today's announcement brings
Lowe's board of directors to 12 members, 11 of whom are
independent.
Scott brings to the board a wealth of senior leadership
experience, having served as senior vice president of Population
Health and Value Based Care at Novant Health since 2015 and as
president, CEO and director of the Affinity Health Plan from 2012
to 2014. Scott was president, U.S. Commercial of CIGNA
Corporation and served as executive vice president of TIAA-CREF for
ten years and as president and CEO of TIAA-CREF Life Insurance
Company from 2000 to 2007. He presently serves on the boards
of Becton, Dickinson and Company and AXA Financial, Inc.
"With his leadership, strategy and integration experience,
Bertram will provide valuable perspective as Lowe's continues to
transition from a home improvement retailer to an omni-channel home
improvement company," said Robert A.
Niblock, Lowe's chairman, president and CEO.
Scott will serve on the Audit and Governance committees.
He will stand for election at Lowe's 2016 annual meeting of
shareholders.
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home
improvement company serving approximately 16 million customers a
week in the United States,
Canada and Mexico through its stores and online at
Lowes.com, Lowes.ca and Lowes.com.mx. With fiscal year 2014
sales of $56.2 billion, Lowe's has
more than 1,845 home improvement and hardware stores and 265,000
employees. Founded in 1946 and based in Mooresville, N.C., Lowe's supports the
communities it serves through programs that focus on K-12 public
education and community improvement projects. For more information,
visit Lowes.com.
Photo - http://photos.prnewswire.com/prnh/20151113/287199
Logo -
http://photos.prnewswire.com/prnh/20131007/MM93272LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/lowes-companies-inc-names-bertram-l-scott-to-board-of-directors-300178535.html
SOURCE Lowe's Companies, Inc.