The estimated Net Worth of Marvin R Ellison is at least $20 Million dollars as of 11 July 2024. Mr. Ellison owns over 2,535 units of Lowe`s Cos stock worth over $2,347,636 and over the last 19 years he sold LOW stock worth over $6,037,918. In addition, he makes $11,621,400 as President, Chief Executive Officer, and Director at Lowe`s Cos.
Marvin has made over 19 trades of the Lowe`s Cos stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 2,535 units of LOW stock worth $406,944 on 11 July 2024.
The largest trade he's ever made was exercising 217,720 units of Lowe`s Cos stock on 15 August 2012 worth over $5,497,430. On average, Marvin trades about 10,422 units every 45 days since 2006. As of 11 July 2024 he still owns at least 9,490 units of Lowe`s Cos stock.
You can see the complete history of Mr. Ellison stock trades at the bottom of the page.
Marvin R. Ellison serves as President, Chief Executive Officer, Director of the Company. Mr. Ellison has served as President and Chief Executive Officer of Lowe’s since July 2018. Mr. Ellison previously served as Chief Executive Officer of J. C. Penney Company, Inc., a department store retailer, from August 2015 to May 2018 and Chairman of the Board from August 2016 to May 2018. He served as President of J. C. Penney from November 2014 to July 2015. Mr. Ellison served as Executive Vice President–U.S. Stores of The Home Depot, Inc., a home improvement retailer, from August 2008 to October 2014. He also served in a variety of operations roles at The Home Depot, including as President–Northern Division from 2006 to 2008, Senior Vice President–Logistics from 2005 to 2006, Vice President–Logistics from 2004 to 2005, and Vice President–Loss Prevention from 2002 to 2004. From 1987 to 2002, Mr. Ellison served in a variety of operational roles with Target Corporation. Mr. Ellison served as a director of H&R Block, Inc. from 2011 to 2014 and a director of J. C. Penney Company, Inc. from 2014 to 2018. Mr. Ellison also serves on the board of the Retail Industry Leaders Association.
As the President, Chief Executive Officer, and Director of Lowe`s Cos, the total compensation of Marvin Ellison at Lowe`s Cos is $11,621,400. There are no executives at Lowe`s Cos getting paid more.
Marvin Ellison is 55, he's been the President, Chief Executive Officer, and Director of Lowe`s Cos since 2018. There are 16 older and 10 younger executives at Lowe`s Cos. The oldest executive at Lowe`s Cos., Inc. is David Batchelder, 70, who is the Independent Director.
Marvin's mailing address filed with the SEC is 1000, Lowes Boulevard, Mooresville, Iredell County, North Carolina, 28117, United States.
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.
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.
Lowe`s Cos executives and other stock owners filed with the SEC include: