MOORESVILLE, N.C., Jan. 29, 2016 /PRNewswire/ -- Lowe's
Companies, Inc. (NYSE: LOW) today announced Sandra B. Cochran, 57, has been appointed to its
board of directors, effective immediately. Today's
announcement brings Lowe's board of directors to 13 members, 12 of
whom are independent.
"Sandy brings a combination of strong leadership and retail
experience, as well as tremendous financial acumen to Lowe's, and I
am pleased to welcome her to our board of directors," said
Robert A. Niblock, Lowe's chairman,
president and CEO. "Her executive-level financial experience will
be a tremendous asset as we continue our transition from a home
improvement retailer to an omni-channel home improvement
company."
Cochran is the president and chief executive officer of Cracker
Barrel Old Country Store, Inc. She joined Cracker Barrel as
chief financial officer in 2009 and was named president and chief
operating officer the following year. Cochran was named to
her current position in September of 2011. She was previously
chief executive officer of Books-A-Million, Inc. from
2004-2009.
Cochran is on the board of directors of Cracker Barrel Old
Country Store, Inc. and Dollar General Corporation, and previously
served on the board of directors of Books-A-Million.
Cochran will serve on the Governance and Compensation
committees. She will stand for election at Lowe's 2016 Annual
Meeting of Shareholders.
About Lowe's
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.
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SOURCE Lowe's Companies, Inc.