Monday, May 23

Lowe’s CFO Denton to step down


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Home improvement chain Lowe’s Cos Inc said on Friday Chief Financial Officer David Denton would step down to pursue another opportunity at a publicly traded company outside the industry.

Denton joined Lowe’s as CFO in 2018 from CVS Health Corp , where he worked for nearly 20 years in several roles, including finance chief.

Lowe’s said Brandon Sink, senior vice president of retail finance, will succeed Denton, effective April 30.

Sink joined Lowe’s in 2010 and has held a variety of leadership roles in finance, strategy and accounting, the company said.

Lowe’s also reaffirmed its full-year financial outlook. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Maju Samuel)



financialpost.com