Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Lowe's Promotes Gregory Bridgeford To CCO, Rick Damron To COO

RELATED NEWS
Trade LOW now with 
4/19/2012 1:27 PM ET

Lowe's Companies, Inc. (LOW: Quote) said Thursday that Gregory Bridgeford, executive vice president of business development, and Rick Damron, EVP of store operations, have been promoted to the newly created positions of chief customer officer and chief operating officer, respectively, effective May 5.

Both executives will report to chairman, president and CEO Robert Niblock. Bridgeford joined the company in 1982 and has served in a variety of increasingly responsible roles, including senior vice president of merchandising and SVP of marketing.

Damron joined Lowe's in 1981 and has worked in every aspect of the company's store operations, and has also served as SVP of logistics. He has served as EVP of store operations since 2011, with responsibility for all of Lowe's stores as well as the company's specialty sales businesses.

Click here to receive FREE breaking news email alerts for Lowe's Cos. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hewlett-Packard Co. said Wednesday after the markets closed that its second quarter profit fell 32% from last year, hurt by lower revenue and weaker margins amid a slump in PC sales. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Stocks showed a substantial downturn over the course of the trading day on Wednesday after seeing some strength in morning trading. Renewed worries about the Federal Reserve tapering its asset purchase program contributed to the sharp pullback by the markets. The major averages climbed off their worst levels going into the close but still ended the day firmly negative. Some members of the Federal Reserve favor scaling back the central bank's $85 billion a month asset purchase program this summer as long as the economy continues to improve, according the the minutes of the Fed's April 30-May 1 meeting. "A number of participants expressed willingness to adjust the...
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.