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Press release from Business Wire

Lowe's Promotes Kevin Measel to Senior Vice President, Store Operations

Wednesday, February 22, 2012

Lowe's Promotes Kevin Measel to Senior Vice President, Store Operations15:23 EST Wednesday, February 22, 2012 MOORESVILLE, N.C. (Business Wire) -- Lowe's Companies, Inc. (NYSE:LOW) announced the promotion of Kevin S. Measel to senior vice president, store operations for the company's West division. Measel replaces Jim Frasso, who retired from Lowe's following a 17-year career with the company. Measel has more than 28 years of retail experience in both store operations and merchandising, having served most recently as merchandising vice president, nursery. Additionally, he has served as regional vice president, district manager and store manager. He joined Lowe's in 1994 and has held a number of positions of increasing responsibility. “Kevin's deep experience in store operations and merchandising has provided him with a strong understanding of consumer trends and opportunities as well as Lowe's strategic focus,” said Rick D. Damron, executive vice president, store operations. “He has excelled in numerous assignments over the years and has earned this opportunity for expanded responsibility.” With Measel's promotion to lead the West division, Senior Vice President Brent G. Kirby now has responsibility for the North division. Senior Vice President William W. Edwards retains responsibility for the South division. About Lowe's With fiscal year 2010 sales of $48.8 billion, Lowe's Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,725 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. To plan and manage all things home, visit Lowes.com/MyLowes. Lowe?s Companies, Inc.Julie Yenichek, 704-758-4364julie.v.yenichek@lowes.com