Lowe’s Appoints Donald E. Frieson As Executive Vice President, Supply Chain

Company Press Release

Lowe’s Companies, Inc. announced that Donald E. Frieson has been named executive vice president, supply chain, effective Aug. 8. In this role, Frieson will be responsible for the company’s distribution centers, logistics, global sourcing, transportation and delivery services. Frieson will report to Marvin R. Ellison, president and CEO.

Frieson is a seasoned executive with more than 30 years of operations and supply chain experience, including 19 years at Walmart. He most recently served as chief operating officer at Sam’s Club, a division of Walmart, where he was responsible for all club operations, including supply chain for more than 650 locations in the U.S. and Puerto Rico.

Frieson joined Sam’s Club in November 2012 as senior vice president, replenishment and inventory planning. From 2010 to 2012, he served Walmart International as chief integration officer for Massmart Holdings, a chain of more than 300 stores operating in 13 sub-Saharan African nations, where he was responsible for supply chain, merchandise sourcing and private brand integration. Prior to Massmart, Frieson was senior vice president, supply chain at Walmart where he led more than 30 distribution centers that supplied merchandise to nearly 1,600 Walmart stores, supercenters and neighborhood markets in the eastern U.S.

“Don has a proven track-record of driving seamless logistics and operations excellence within large, complex retail organizations with big bulky products, and we are delighted to welcome him to the team,” said Ellison. “Don will bring deep experience and technical expertise to lead the transformation of our supply chain to meet the needs of our omni-channel customers.”

“I am excited about joining the Lowe’s team and confident we have a significant opportunity to enhance our supply chain approach,” said Frieson. “I look forward to working with the senior leadership team to drive operational excellence and exceed customers’ expectations.”

Prior to joining Walmart, Frieson spent 12 years working for Schneider National Carriers, where he developed operations and logistics expertise in the trucking industry. Frieson earned a bachelor’s degree in operations management from the University of Tennessee. He has served as a board member for the KIPP Delta Academy, Bentonville/Bella Vista Chamber of Commerce and The Amazeum Children’s Museum.

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18 million customers a week in the United States, Canada and Mexico. With fiscal year 2017 sales of $68.6 billion, Lowe’s and its related businesses operate or service more than 2,390 home improvement and hardware stores and employ over 310,000 people. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects.

Contact:

Tiffany Mason – Shareholders’/Analysts’ Inquiries – tiffany.l.mason@lowes.com – (704) 758-2033

Jackie Hartzell – Media Inquiries – jaclyn.pardini@lowes.com – (704) 758-4317

Source: Lowe’s Companies, Inc.