The new chief executive of home-improvement retailer Lowe's Cos. Inc. will be paid a base annual salary of $1.45 million and receive stock options and restricted stock worth $6 million, according to a filing with the Securities and Exchange Commission. Marvin Ellison, currently the CEO of J.C. Penney Co. Inc. (NYSE:JCP), was announced as the company's next CEO earlier this week. He will start his job on July 2, replacing Robert Niblock, who received a base salary of $1.3 million in 2017. He’ll…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/05/25/heres-what-lowes-new-ceo-will-receive-in-salary.html?ana=RSS&s=article_search
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