Last updated: 2 July 2024 at 4:45pm EST

Richard Dreiling Net Worth




The estimated Net Worth of Richard W Dreiling is at least $89.3 Million dollars as of 9 March 2023. Mr. Dreiling owns over 7,100 units of Lowe`s Cos stock worth over $1,760,851 and over the last 15 years he sold LOW stock worth over $87,021,721. In addition, he makes $486,480 as Independent Chairman of the Board at Lowe`s Cos.

Mr. Dreiling LOW stock SEC Form 4 insiders trading

Richard has made over 16 trades of the Lowe`s Cos stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 7,100 units of LOW stock worth $1,008,200 on 9 March 2023.

The largest trade he's ever made was exercising 496,296 units of Lowe`s Cos stock on 27 March 2013 worth over $3,970,368. On average, Richard trades about 15,259 units every 22 days since 2009. As of 9 March 2023 he still owns at least 7,118 units of Lowe`s Cos stock.

You can see the complete history of Mr. Dreiling stock trades at the bottom of the page.





Richard Dreiling biography

Richard W. Dreiling serves as Independent Chairman of the Board of the Company. Mr. Dreiling retired in June 2015 from Dollar General Corporation, the nation’s largest small-box discount retailer, as Chief Executive Officer, a position he held since January 2008. Mr. Dreiling served as Chairman of Dollar General Corporation from December 2008 until January 2016 and as Senior Advisor from June 2015 until January 2016. Before joining Dollar General, Mr. Dreiling served as Chief Executive Officer, President and a director of Duane Reade Holdings, Inc. and Duane Reade Inc., the largest drugstore chain in New York City, from November 2005 until January 2008, and as Chairman of Duane Reade from March 2007 until January 2008. Prior to that, Mr. Dreiling, beginning in March 2005, served as Executive Vice President-Chief Operating Officer of Longs Drug Stores Corporation, an operator of a chain of retail drug stores on the West Coast and Hawaii, after having joined Longs in July 2003 as Executive Vice President and Chief Operations Officer. From 2000 to 2003, Mr. Dreiling served as Executive Vice President-Marketing, Manufacturing and Distribution at Safeway, Inc., a food and drug retailer. Prior to that, Mr. Dreiling served from 1998 to 2000 as President of Vons, a southern California food and drug division of Safeway.

What is the salary of Richard Dreiling?

As the Independent Chairman of the Board of Lowe`s Cos, the total compensation of Richard Dreiling at Lowe`s Cos is $486,480. There are 11 executives at Lowe`s Cos getting paid more, with Marvin Ellison having the highest compensation of $11,621,400.



How old is Richard Dreiling?

Richard Dreiling is 66, he's been the Independent Chairman of the Board of Lowe`s Cos since 2018. There are 2 older and 24 younger executives at Lowe`s Cos. The oldest executive at Lowe`s Cos., Inc. is David Batchelder, 70, who is the Independent Director.

What's Richard Dreiling's mailing address?

Richard's mailing address filed with the SEC is , 1000 LOWES BOULEVARD, MOORESVILLE, NC, 28117.

Insiders trading at Lowe`s Cos

Over the last 24 years, insiders at Lowe`s Cos have traded over $222,041,073 worth of Lowe`s Cos stock and bought 148,293 units worth $10,508,015 . The most active insiders traders include David H Batchelder, Robert A Niblock, and Richard W Dreiling. On average, Lowe`s Cos executives and independent directors trade stock every 20 days with the average trade being worth of $9,636,935. The most recent stock trade was executed by Joseph Michael Mc Farland on 1 April 2024, trading 15,525 units of LOW stock currently worth $3,840,575.



What does Lowe`s Cos do?

Lowes Companies, Inc., often shortened to Lowes, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States.



What does Lowe`s Cos's logo look like?

Lowe`s Cos., Inc. logo

Complete history of Mr. Dreiling stock trades at Dollar Tree Inc, Aramark, Dollar General, Kellanova Co, Lowe`s Cos, and Pulte Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
9 Mar 2023 Richard W Dreiling
Chief Executive Officer
Buy 7,100 $142.00 $1,008,200
9 Mar 2023
7,118
23 Mar 2015 Richard W Dreiling
Chairman and CEO
Sale 15,272 $75.76 $1,157,007
23 Mar 2015
113,651
19 Mar 2015 Richard W Dreiling
Chairman and CEO
Sale 467,924 $75.42 $35,290,828
19 Mar 2015
134,416
18 Mar 2014 Richard W Dreiling
Chairman and CEO
Sale 323,197 $57.92 $18,719,570
18 Mar 2014
111,249
3 Apr 2013 Richard W Dreiling
Chairman and CEO
Sale 242,877 $50.75 $12,326,008
3 Apr 2013
394,742
27 Mar 2013 Richard W Dreiling
Chairman and CEO
Option 496,296 $8.00 $3,970,368
27 Mar 2013
891,038
3 Oct 2012 Richard W Dreiling
Chairman and CEO
Sale 120,996 $51.75 $6,261,543
3 Oct 2012
323,197
27 Sep 2012 Richard W Dreiling
Chairman and CEO
Option 225,000 $8.00 $1,800,000
27 Sep 2012
548,197
11 Jun 2012 Richard W Dreiling
Chairman and CEO
Sale 53,167 $45.23 $2,404,743
11 Jun 2012
323,197
5 Jun 2012 Richard W Dreiling
Chairman and CEO
Option 100,923 $8.00 $807,384
5 Jun 2012
424,120
2 Apr 2012 Richard W Dreiling
Chairman and CEO
Sale 52,225 $44.01 $2,298,422
2 Apr 2012
323,197
27 Mar 2012 Richard W Dreiling
Chairman and CEO
Option 99,589 $8.00 $796,712
27 Mar 2012
422,786
12 Dec 2011 Richard W Dreiling
Chairman and CEO
Sale 75,263 $37.64 $2,832,899
12 Dec 2011
323,197
6 Dec 2011 Richard W Dreiling
Chairman and CEO
Option 148,374 $8.00 $1,186,992
6 Dec 2011
471,571
14 Sep 2011 Richard W Dreiling
Chairman and CEO
Sale 170,000 $33.71 $5,730,700
14 Sep 2011
323,197
8 Sep 2011 Richard W Dreiling
Chairman and CEO
Option 346,735 $8.00 $2,773,880
8 Sep 2011
669,932


Lowe`s Cos executives and stock owners

Lowe`s Cos executives and other stock owners filed with the SEC include: