The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Lowe's Names McDermott SVP/General Merchandising Manager, Building and Maintenance

Tuesday, September 03, 2013

Lowe's Names McDermott SVP/General Merchandising Manager, Building and Maintenance

09:30 EDT Tuesday, September 03, 2013

MOORESVILLE, N.C. (Business Wire) -- Lowe's Companies, Inc. (NYSE:LOW) announced today that Michael P. McDermott will join the company as senior vice president and general merchandising manager- building and maintenance, a new position. McDermott will be responsible for the Lumber & Building Materials, Millwork, Hardware & Tools and Rough Plumbing & Electrical divisions. He will report to Chief Merchandising Officer, Michael A. Jones.

McDermott joins Lowe's from General Electric, where he served most recently as sales leader-appliances and was also a member of the company's corporate commercial council. He brings more than 20 years of experience in product leadership, merchandising, marketing and commercial sales.

“Mike's experience leading merchandising for GE's multi-billion dollar appliance business as well as organizations that sell into the building and maintenance space, will bring added value to Lowe's merchandising team,” explained Jones. “He understands the importance of brand management, strong relationships with vendor-partners and how to lead teams—skills which will help Lowe's continue to improve product assortment to better serve do-it-yourself and pro customers alike.”

In his new role, McDermott will work with Troy J. Dally, senior vice president and general merchandising manager- seasonal and Clint T. Davis, senior vice president and general merchandising manager-home décor. McDermott earned a bachelor's degree in communications from The College of New Jersey and a master's degree in political science from Villanova University.

With fiscal year 2012 sales of $50.5 billion, Lowe's Companies, Inc. is a FORTUNE® 100 company that serves approximately 15 million customers a week at more than 1,825 home improvement and hardware 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.

Lowe?s Companies, Inc.
Media:
Chris Ahearn, 704-758-2304
chris.c.ahearn@lowes.com
or
Investors:
Tiffany Mason, 704-758-2033
tiffany.l.mason@lowes.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

Digital Business Solutions
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections