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Lowe's Board Of Directors And Top Management Team

476 Words2 Pages

Board of Directors and Top Management Team Lowe’s Board of Directors represents an experienced panel of top executives from around the country. The age ranges of Board members are 51 to 70, with Board member serving from two to fifteen years. The Board’s knowledge base is phenomenal, with backgrounds in tool manufacturing, distribution, marketing, governance, public relations, outdoor apparel, and the building industry. Each board member serves on at least two committees within the organization except Robert A. Niblock who is the Chief Executive Officer in Executive Committee. There are four key committees in the organization: Audit, Compensation, Governance and the Executive Committee. According to the analysis of Board of Directors, most of them are male and white. The Blau’s Index of 16.5% in race and gender indicates that Lowe’s Board of Directors is not very diverse. According to the company’s website, Lowe’s B.O.D oversee the governance. The Board engages with the management team, provides oversight and input based on the company’s core values of respect, integrity, and teamwork, while promoting accountability and ethical business practices. The Board also confirms the company’s strategic …show more content…

Robert Niblock joined Lowe’s in 1993 and he has served as Vice President and Treasurer, Senior Vice President, and Executive Vice President and Chief Financial Officer during his career. Before joining Lowe’s, Niblock had a nine-year career with accounting firm Ernst & Young (Robert Niblock biography, Wall Street Journal). Robert Niblock served as Lowe’s president from 2003 to 2006, and joined the board of directors when he was named chairman and elected as CEO in 2004. Niblock was also elected as a chairman of the Retail Industry Leaders Association in January 2008 (Robert Niblock biography, Wall Street

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