The new chief executive of home improvement retailer lowe s cos. Ceo pay ratio 511 1 board of directors in lowes companies inc for its 2019 fiscal year lowes companies inc listed the following board members on its annual proxy statement to the sec.
I have been working at lowe s full time for more than 10 years pros ability to commiserate with fellow employees about all the needless and heartless staffing changes in stores forced down by ceo.
Lowes ceo salary. Will be paid a base annual salary of 1 45 million and receive stock options and restricted stock worth 6 million according. Lowe s companies chief executive marvin ellison was paid a base salary of 1 45 million in 2019 a 68 raise from 2018 according to the home improvement retailer s 2019 proxy statement filed with. There he makes a base annual salary of 1 45 million with 6 million worth of restricted stock options according to the charlotte business journal.
Salaries posted anonymously by lowe s employees. But as a. This was a highly publicized move and many people became interested in this businessman.
In addition he makes 14 302 800 as president chief executive officer and director at lowe s cos. Marvin ellison is a business executive who formerly held the position of chief executive officer of j c. He was previously the ceo of j.
Marvin ellison is an american business executive who serves as the president and chief executive officer of lowe s joining the company on july 2 2018. Marvin ellison salary lowe s companies low 2 04 chief executive marvin ellison was paid a base salary of 1 45 million in 2019 a 68 raise from 2018 according to the home improvement retailer s 2019 proxy statement filed with the. Led by president and ceo marvin ellison this team works for our associates customers and communities.
A free inside look at lowe s salary trends based on 34 589 salaries wages for 3 084 jobs at lowe s. Ellison became ceo of lowe s in 2018. Penney and had been since august 2015 he joined the company in november 2014 and served as ceo designee and president before taking over the role of ceo.
In july 2018 he joined lowe s and became their president and chief executive officer. That s why we re proud of our exceptional executive and senior leadership team. Every organization needs a strong foundation.