Rick D. Damron
Lowe’s is consolidating its store operations and merchandising organizations. The move is designed to improve efficiencies, increase speed to market for new products and services, and enhance the shopping experience for customers, the chain said.
Lowe’s said it's made several key promotions and moves in its human resources, legal, merchandising, logistics and information technology areas. Maureen K. Ausura was promoted to executive vice president human resources, from senior vice president in the same capacity. Gaither M. Keener has been promoted to executive VP general counsel, secretary and chief compliance officer, from senior VP in the same capacity. Both will continue reporting to CEO Robert Niblock.