Lowe's Announces Executive Promotions

Lowe's Announces Executive Promotions

Hayes Announces Plans to Retire

MOORESVILLE, N.C.--(BUSINESS WIRE)-- Lowe's Companies, Inc. (NYSE:LOW) announced today two promotions in its human resources and store planning areas.

Cedric T. Coco was recently promoted to SVP, learning and organizational development, having served as VP in that role since joining the company in 2008 from Microsoft. He is responsible for enterprise-wide leadership development, talent acquisition, talent management and learning strategies as well as the company's diversity efforts.

Ronnie E. Damron has been promoted to SVP of store planning and environment. Damron has served since 2006 as VP, new store set-up and remerchandising. He joined Lowe's in 1979 in the Pikeville, Ky. store and has served as store manager, district manager and regional vice president.

Damron replaces long-time merchandising and store planning executive R. Vaughn Hayes, who announced his retirement, effective March 5, after nearly 39 years with the company.

With fiscal year 2009 sales of $47.2 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 15 million customers a week at more than 1,700 home improvement stores in the United States, Canada and Mexico. 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.


    Source: Lowe's Companies, Inc.