Marvin Ellison is chairman, president and chief executive officer of Lowe’s Companies Inc., a FORTUNE® 50 home improvement company with more than 2,200 stores and approximately 300,000 associates in the United States and Canada.
Marvin has more than 35 years of retail leadership and operational experience within Fortune 500 companies. Prior to joining Lowe’s, Marvin served as chairman and CEO of J.C. Penney Co., where he delivered positive sales growth, reduced debt and generated positive adjusted earnings per share.
He has extensive experience in the home improvement industry, having spent 12 years in senior-level operations roles with Home Depot Inc. Most notably he served as executive vice president of U.S. stores from 2008 to 2014, dramatically improving customer service and efficiency across the organization as he oversaw U.S. sales, operations, installation services, tool rental and pro strategic initiatives. Prior to Home Depot, Marvin spent 15 years at Target Corp. in a variety of operational and leadership roles.
Marvin earned a bachelor’s degree in business administration from The University of Memphis, where he currently serves on the board of trustees. He also holds an MBA from Emory University. Marvin serves on the board of directors for FedEx Corporation and the Retail Industry Leaders Association.
Marvin’s professional and civic leadership has earned him many accolades; most notable are Barron’s “Top CEOs” in 2021 and 2020, “2017 Father of the Year” by the National Father’s Day Council, Fortune’s 2016 “World’s Greatest Leaders,” and “Corporate Executive of the Year” in 2016 by Black Enterprise.
Marvin and his wife Sharyn are committed to being of service within their faith and communities, primarily through the support of organizations that promote higher education, self-empowerment and excellence for minority youth.
What is Marvin R. Ellison's net worth?
The estimated net worth of Marvin R. Ellison is at least $1.83 million as of July 11th, 2024. Mr. Ellison owns 6,955 shares of Lowe's Companies stock worth more than $1,829,374 as of November 20th. This net worth approximation does not reflect any other investments that Mr. Ellison may own. Additionally, Mr. Ellison receives an annual salary of $3,380,000.00 as Chairman, President & CEO at Lowe's Companies. Learn More about Marvin R. Ellison's net worth.
How old is Marvin R. Ellison?
Mr. Ellison is currently 59 years old. There are 5 older executives and no younger executives at Lowe's Companies. The oldest executive at Lowe's Companies is Mr. William P. Boltz, Executive Vice President of Merchandising, who is 61 years old. Learn More on Marvin R. Ellison's age.
What is Marvin R. Ellison's salary?
As the Chairman, President & CEO of Lowe's Companies, Inc., Mr. Ellison earns $3,380,000.00 per year. The highest earning executive at Lowe's Companies is Ms. Juliette Williams Pryor, Executive VP, Chief Legal Officer & Corporate Secretary, who commands a salary of $4,260,000.00 per year. Learn More on Marvin R. Ellison's salary.
How do I contact Marvin R. Ellison?
Has Marvin R. Ellison been buying or selling shares of Lowe's Companies?
Marvin R. Ellison has not been actively trading shares of Lowe's Companies during the past quarter. Most recently, on Friday, March 6th, Marvin R. Ellison bought 10,000 shares of Lowe's Companies stock. The stock was acquired at an average cost of $103.86 per share, with a total value of $1,038,600.00. Following the completion of the transaction, the chief executive officer now directly owns 90,090 shares of the company's stock, valued at $9,356,747.40. Learn More on Marvin R. Ellison's trading history.
Who are Lowe's Companies' active insiders?
Lowe's Companies' insider roster includes David Batchelder (Director), Ricky Damron (COO), Janice Dupré (EVP), Marvin Ellison (Chairman, President & CEO), Donald Frieson (EVP), Seemantini Godbole (EVP), Dan Griggs, Jr. (SVP, Tax and Chief Accounting Officer), Matthew Hollifield (CAO), Ross Mccanless (EVP), Joseph McFarland, III (EVP), Robert Niblock (Chairman), Brandon Sink (Exec. VP & CFO), Margrethe Vagell (EVP, Supply Chain), Margrethe Vagell (EVP, Supply Chain), and Jennifer Weber (EVP). Learn More on Lowe's Companies' active insiders.
Are insiders buying or selling shares of Lowe's Companies?
In the last year, insiders at the home improvement retailer sold shares 2 times. They sold a total of 12,499 shares worth more than $3,239,671.08. The most recent insider tranaction occured on October, 2nd when EVP Margrethe R Vagell sold 5,730 shares worth more than $1,555,408.50. Insiders at Lowe's Companies own 0.3% of the company.
Learn More about insider trades at Lowe's Companies. Information on this page was last updated on 10/2/2024.
