Mr. Baxter has served as President, Chief Executive Officer and Chair of the Board of Kontoor Brands, Inc., a global lifestyle apparel company, since August 2021. Mr. Baxter was named President and Chief Executive Officer of Kontoor in August 2018 when VF Corporation, one of the world's largest apparel, footwear and accessories companies, announced its intention to separate its jeanswear organization into an independent, publicly traded company.

From January 2018 to August 2018, Mr. Baxter served as Group President, Americas West at VF Corporation. Prior to that, Mr. Baxter held a variety of other leadership roles at VF Corporation from 2007 to 2017, including Group President, Outdoor & Action Sports, Americas; Vice President, VF Corporation & Group President, Jeanswear, Imagewear and South America; and President of the Licensed Sports Group. Before joining VF, Mr. Baxter led the Services division at The Home Depot, Inc., and served in other leadership roles at Edward Don & Company, PepsiCo and Nestle.

Mr. Baxter served on the board of Topgolf Callaway Brands Corp. from 2019 to 2023.

Specific Experience, Qualifications, Attributes and Skills Relevant to Lowe’s

Mr. Baxter brings to the Lowe’s Board extensive executive leadership experience in the retail industry, as well as expertise in marketing and brand management and developing digital growth strategies in support of an omnichannel customer experience. Mr. Baxter also has a strong background in a number of other critical areas, including operations, merchandising and sourcing, sales and strategic planning. Mr. Baxter is skilled in human capital matters and brings to the Board valuable insights on talent management and development.