Lowe's Names Croom Chief Risk Officer

(Logo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO )

In his new role, Croom will provide oversight and direction for the management of all material risks across the company, including Enterprise Risk Management, Workers Compensation, Loss Prevention, Safety, Internal Audit, Quality Assurance and Global Trade Services.

"Marshall is a seasoned leader and will do an outstanding job overseeing this important function for Lowe's," said Niblock. "His strong background in finance and accounting, along with more than 11 years of Lowe's corporate and operational experience, will be a tremendous asset as he partners with the leadership team to ensure Lowe's achieves its strategic vision, having fully considered both risks and rewards."

Croom most recently served as senior vice president (SVP) of merchandising and store support. His prior Lowe's experience also includes SVP of finance, treasurer and assistant treasurer. Croom joined the company in 1997, following an 11-year career with Ernst & Young. He received a bachelor's degree in accounting from Appalachian State University.

With fiscal year 2007 sales of $48.3 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,625 home improvement stores inthe United States andCanada. Founded in 1946 and based inMooresville, N.C., Lowe's is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

SOURCE Lowe's Companies, Inc.

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Copyright © 2009, NewsBlaze, Daily News

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