Lowe's names Niblock CEO-elect
April 5, 2004-- Home Textiles Today,
MOORESVILLE, N.C. — Lowe's Companies, Inc. has devised a succession plan under which company president Robert Niblock has been named chairman and CEO-elect, until the planned retirement of Robert Tillman scheduled for Jan. 28, 2005. Niblock was also named to Lowe's board of directors.
"Robert Niblock is an excellent leader and my natural successor at Lowe's," said Tillman. "I have full confidence in his ability to build on our success and take this company to its next level of growth and development."
Niblock was appointed president of Lowe's on March 1, 2003. He joined the company in 1993 and served as executive vice president and chief financial officer before becoming president.
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