MOORESVILLE, N.C., 2014-5-22 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that Michael A. Tummillo has been promoted to senior vice president and general merchandising manager-building and maintenance, replacing Michael P. McDermott, who was recently named chief merchandising officer. Tummillo is responsible for the Lumber & Building Materials, Millwork, Tools & Hardware and Rough Plumbing & Electrical divisions. He reports to McDermott.
Tummillo served most recently as merchandising vice president, rough plumbing and electrical, where he also focused on product needs of the professional customer. He joined Lowe’s in 2004 as vice president of credit services then was promoted to an expanded role that included credit, project and event sales. Prior to Lowe’s, Tummillo spent a number of years at GE card services and GE financial assurance–at one time supporting the Lowe’s private label credit portfolio.
“Mike has a deep understanding of the business and the challenges our professional and DIY customers face every day,” said McDermott. “During his time at Lowe’s, Mike has demonstrated the kind of strategic thinking and leadership across functions which will position him for success as he takes on responsibility for the broader building and maintenance merchandising team. I have great confidence that Mike will deliver our strategic goals in this important segment of the business.”
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico. With fiscal year 2013 sales of $53.4 billion, Lowe’s has more than 1,830 home improvement and hardware stores and 250,000 employees. 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. For more information, visit lowes.com.
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