October 26, 2020
Lowe's Headquarters

Lowe’s Board of Directors Compensation and Executive Salaries

Lowe’s is an American company, popular for home improvement. Lowe’s is headquartered in Mooresville, North Carolina, United States. They have business in the US and Canada. They have good number of retail stores throughout the US and Canada. The company is lead by Chief Executive Officer Marvin Ellison who drawn salary of US$14.30 million as total compensation including base salary paid in cash, stock awards, and more.

Lowe’s is listed on NYSE with stock name LOW. The Home Depot, Walmart, and Amazon are some of their competitor companies in the United States and Canada.

Lowe's Headquarters
Lowe’s Headquarters

Lowe’s Board of Directors Compensation 2018 / Salary in 2018

Raul Alvarez –Director, Operating Partner Advent International Corporation, Boston, MA (US$297,077)

This board member earned US$297,077 as total compensation including cash salary US$115,000, and stock awards US$182,077.

David H. Batchelder – Director, Co-Founder and Former Principal Relational Investors LLC, San Diego, CA (US$272,077)

This board member earned US$272,077 as total compensation including cash salary US$90,000, and stock awards US$182,077.

Angela F. Braly –Director, Former Chair, President, and Chief Executive Officer WellPoint, Inc., Indianapolis, IN (US$287,077)

This board member earned US$287,077 as total compensation including cash salary US$105,000, and stock awards US$182,077.

Sandra B. Cochran –Director, President and Chief Executive Officer Cracker Barrel Old Country Store, Inc., Lebanon, TN (US$272,077)

This board member earned US$272,077 as total compensation including cash salary US$90,000, and stock awards US$182,077

Laurie Z. Douglas – Director, Senior Vice President, Chief Information Officer and Chief Digital Officer Publix Super Markets, Inc., Lakeland, FL (US$272,077)

This board member earned US$272,077 as total compensation including cash salary US$90,000, and stock awards US$182,077.

Richard W. Dreiling – Chairman of the Board, Retired Chairman and Chief Executive Officer Dollar General Corporation, Goodlettsville, TN (US$456,655)

This board member earned US$456,655 as total compensation including cash salary US$130,833, and stock awards US$325,822.

Robert L. Johnson – The co-founder of BET (US$45,000)

This board member earned US$45,000 as a cash salary.

Marshall O. Larsen – Chief Executive Officer, President, and Chairman of the Board of Goodrich Corporation (US$299,660)

This board member earned US$299,660 as total compensation including cash salary US$117,583, and stock awards US$182,077.

James H. Morgan – Director Chairman Covenant Capital LLC, Charlotte, NC (US$272,077)

This board member earned US$272,077 as total compensation including cash salary US$90,000, and stock awards US$182,077.

Brian C. Rogers – Director, Retired Non-Executive Chairman T. Rowe Price Group, Inc., Baltimore, MD (US$249,577)

This board member earned US$249,577 as total compensation including cash salary US$67,500, and stock awards US$182,077.

Bertram L. Scott – Director, Retired Senior Vice President of Population Health and Value Based Care Novant Health, Charlotte, NC (US$272,077)

This board member earned US$272,077 as total compensation including cash salary US$90,000, and stock awards US$182,077.

Lisa W. Wardell – Director, President, Chief Executive Officer and Chairman of the Board Adtalem Global Education, Inc., Chicago, IL (US$272,077)

This board member earned US$272,077 as total compensation including cash salary US$90,000, and stock awards US$182,077.

Eric C. Wiseman – Director, Retired Chairman and Chief Executive Officer V.F. Corporation, Greensboro, NC (US$292,077)

This board member earned US$292,077 as total compensation including cash salary US$110,000, and stock awards US$182,077.

Lowe’s Executive Salaries 2018 / Compensation and Pay 2018

Robert A. Niblock – Former Chairman of the Board, President and Chief Executive Officer (US$10.53 million)

This executive earned US$10,538,492 as total compensation including base salary (paid in cash) US$885,633, equity awards US$9,486,970, and all other compensation US$165,889.

Ross W. McCanless – Executive Vice President, General Counsel and Corporate Secretary (US$2.83 million)

This executive earned US$2,830,814 as total compensation including base salary (paid in cash) US$981,850, equity awards US$1,801,962, and all other compensation US$47,002.

Jennifer L. Weber – Executive Vice President, Human Resources (US$2.84 million)

This executive earned US$2,844,379 as total compensation including base salary (paid in cash) US$981,850, equity awards US$1,801,962, and all other compensation US$60,567.

Michael P. McDermott – Former Chief Customer Officer (US$4.16 million)

This executive earned US$4,168,995 as total compensation including base salary (paid in cash) US$749,429, equity awards US$3,185,587, and all other compensation US$233,979.

Marshall A. Croom – Former Chief Financial Officer (US$2.78 million)

This executive earned US$2,783,841 as total compensation including base salary (paid in cash) US$631,510, equity awards US$2,094,867, and all other compensation US$57,464.

David R. Denton – Executive Vice President, Chief Financial Officer (US$3.10 million)

This executive earned US$3,106,646 as total compensation including base salary (paid in cash) US$1,267,488, equity awards US$1,769,611, and all other compensation US$69,547.

Richard D. Maltsbarger – Former Chief Operating Officer (US$4.00 million)

This executive earned US$4,006,724 as total compensation including base salary (paid in cash) US$414,280, equity awards US$3,185,587, and all other compensation US$406,857.

Joseph McFarland III – Executive Vice President, Stores (US$3.73 million)

This executive earned US$3,735,752 as total compensation including base salary (paid in cash) US$1,235,577, equity awards US$2,447,332, and all other compensation US$52,843.

Tiffany L. Mason – Former Interim Chief Financial Officer, Current Senior Vice President, Corporate Finance & Treasurer (US$0.8 million)

This executive earned US$858,531 as total compensation including base salary (paid in cash) US$490,253, equity awards US$334,026, and all other compensation US$34,252.

Marvin R. Ellison – President and Chief Executive Officer (US$14.30 million)

This executive earned US$14,302,791 as total compensation including base salary (paid in cash) US$2,577,335, equity awards US$11,524,747, and all other compensation US$200,709.

Article first published on April 30, 2020.