MOORESVILLE, NC, Aug. 9 /CNW/ - Lowe's Companies, Inc.(NYSE: LOW)
announced today that Don T. Stallings has joined the Lowes-Canada team as
president, effective immediately. He will report to Larry D. Stone, president
and chief operating officer. Stallings replaces Doug Robinson who has resigned
for personal reasons.
"Over the past two years, Lowe's has built an outstanding management team
in Toronto to manage the company's entry into this important metropolitan
market," explained Stone. "Don Stallings is a proven leader and will be a
great addition to the Canada team."
Lowe's is on track to open six stores by the end of the 2007 fiscal year.
Stallings brings to this position more than 30 years of retail
experience. He joined Lowe's in 1994 and, in 1997 as regional vice president
(RVP), was responsible for leading the team that opened Lowe's first six
stores in one day in Dallas, Texas - Lowe's first top 25 metropolitan market.
He has served in a number of increasingly responsible positions with the
company, including district manager, merchandising vice president and, most
recently, RVP of operations in Lowe's south central division based in Houston,
the fourth largest metropolitan market in the U.S.
With fiscal year 2006 sales of $46.9 billion, Lowe's Companies, Inc. is a
FORTUNE(R) 50 company that serves approximately 13 million customers a week at
more than 1,400 home improvement stores in 49 states in the U.S. with plans to
open stores in Canada beginning in fiscal 2007. Founded in 1946 and based in
Mooresville, N.C., Lowe's is the second-largest home improvement retailer in
the world. For more information, visit Lowes.com.
For further information:
For further information: Chris Ahearn, Lowe's Companies, Inc., (704)