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Press release from Business Wire

Lowe's Selects Summers for Chief Information Officer Post

Friday, June 22, 2012

Lowe's Selects Summers for Chief Information Officer Post10:00 EDT Friday, June 22, 2012 MOORESVILLE, N.C. (Business Wire) -- Lowe's announced today that Kevin V. Summers has been appointed chief information officer, effective July 9, 2012. Summers will report to Chairman, President and CEO Robert A. Niblock. He replaces Michael K. Brown, who retired earlier this month. Summers brings to Lowe's more than 20 years of experience in technology-related fields, having served most recently as senior vice president and global chief information officer for Whirlpool Corporation. During his career, Summers has worked with some of the country's leading brands, including The Coca Cola Company, Bell South Technology Services and General Electric. “Lowe's has made significant investments in technology to provide employees with the tools they need to improve the customer experience. Kevin has an outstanding track record of aligning IT systems with the needs of complex businesses to achieve maximum results,” said Niblock. “We look forward to his joining the Lowe's team as we continue to develop and execute our strategy for the future.” As CIO, Summers will be responsible for all aspects of IT, including continuing to develop a technology portfolio that can seamlessly support the operations of the company's stores, distribution network, e-commerce platforms, and future business technology needs. He earned a bachelor's degree in computer science from The College of Charleston and an M.B.A. from Duke University. With fiscal year 2011 sales of $50.2 billion, Lowe's Companies, Inc. is a FORTUNE® 100 company that serves approximately 15 million customers a week at more than 1,745 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. Media:Lowe?s Companies, Inc.Julie Yenichek, 704-758-4364julie.v.yenichek@lowes.comorInvestors:Tiffany Mason, 704-758-2033tiffany.l.mason@Lowes.com