Published:
Lowe's Names Croom Chief Risk Officer
MOORESVILLE, N.C., Jan. 6 /PRNewswire/ -- Lowe's Companies, Inc.
(NYSE: LOW) announced today the appointment of Marshall A. Croom to senior
vice president and Chief Risk Officer (CRO), effective January 31. He will
report to Chairman and CEO Robert A. Niblock.
(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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