Content about chairman , president and CEO

April 19, 2013
Lowe’s releases responsibility report card

The retailer’s Corporate Social Responsibility Report Card covers education, environment and more.

Lowe's has just released its Corporate Social Responsibility Report Card, which covers education, environment and more. 

“To achieve greater progress for our communities and our company, we continue to build on our commitment to never stop improving,” said Robert Niblock, Lowe’s chairman, president and CEO. “We’re focused on carrying out those responsibilities every day with the help of our 245,000 employees across North America.” 

January 9, 2013
Newell Rubbermaid exec joins Aaron’s

Andrea Freeman, the former VP marketing and brand management at Newell Rubbermaid, has joined Aaron’s, the rent-to-own retailer, as VP marketing. Freeman will report directly to Aaron’s chairman, president and CEO Ronald Allen and be responsible for marketing strategy and implementation, marketing communications, research and planning, business development, and coordination with sales and other business partners on strategic initiatives.

November 19, 2012
Lowe's net income surges 76% in Q3

Mooresville, N.C.-based Lowe's reported third-quarter net income of $396 million, up 76% from earnings of $225 million a year ago. Revenues increased 2% to $12.07 billion, ahead of consensus estimates of $11.93 billion.

November 14, 2012
Johns Manville announces new president and CEO

Johns Manville (JM), a Berkshire Hathaway company and global building products manufacturer, has announced that Todd Raba, Johns Manville chairman, president and CEO, will relinquish his position with the company, effective immediately. Mary Rhinehart will become the new president and CEO of Johns Manville.

October 3, 2012
3M realigns business structure

3M has announced a realignment of its major business groups to better serve global markets and customers, effective immediately.

The new structure will be comprised of five business groups: Consumer (2011 sales of $4.2 billion), Industrial ($9.6 billion), Health Care ($5.0 billion) and two newly formed business groups: Safety & Graphics ($5.5 billion), and Electronics & Energy ($5.7 billion). Previously, the company operated six segments. 

August 20, 2012
Lowe’s stumbles in second quarter

Mooresville, N.C.-based Lowe’s posted declines in net sales, comp-store sales and earnings in the second quarter ended Aug. 3.

“Our results fell short of our overall expectations,” said Robert Niblock, Lowe’s chairman, president and CEO. “However, I have confidence in our strategy and in our employees, and while we recognize the significant magnitude of change that we’ve asked the organization to absorb as we transform our business, we fully understand that we must improve our level of execution.”

May 21, 2012
Lowe’s reports sales and earnings gains

Lowe’s reported net earnings of $527 million for the quarter ended May 4, a 14.3% increase over the same period a year ago. 

Sales for the quarter increased 7.9% to $13.2 billion from $12.2 billion in the first quarter of 2011.

Comparable-store sales for the quarter increased 2.6%, while comparable-store sales for the U.S. business increased 2.7%.

April 25, 2012
Diablo and Trex to offer co-branded saw blade

Trex Company has entered into a licensing agreement with Freud America to introduce the first saw blade specifically designed for cutting composite decking materials.  Diablo, Freud’s premier brand of construction tools, will be introducing the new blade series for maximum performance and highest quality of finish when cutting composite decking materials.

February 27, 2012
Lowe's reports solid results in Q4

Lowe’s reported net earnings of $322 million for the quarter ended Feb. 3, a 13.0% increase over the same period a year ago. 

Sales for the fourth quarter increased 11.0% to $11.6 billion, up from $10.5 billion in the same period a year ago. 

October 17, 2011
Lowe's announces 20 store closings

Mooresville, N.C.-based Lowe's said today it is closing 20 underperforming stores in 15 states and slowing down its rate of new-store development. Ten locations have already shuttered, while the remaining 10 will be closed in about a month, after closing sales.

August 15, 2011
Lowe’s Q2 falls short of expectations

Mooresville, N.C.-based Lowe’s reported sales of $14.5 billion in the second quarter ended July 29, up 1.3% from the same period a year ago.

Comparable-store sales increased 0.3% in the second quarter. The company posted earnings for the quarter of $830 million, down just slightly from $832 million in the same quarter last year.

February 4, 2011
Pulte Q4 loss widens

Bloomfield Hills, Mich.-based home builder PulteGroup reported a fourth-quarter net loss of $165 million, compared with a net loss of $117 million in the prior-year quarter. The loss for the quarter ended Dec. 31, 2010, includes $196 million in land-related charges and costs associated with organizational restructuring, debt pay-down and other financing amendments.

Consolidated revenue for the fourth quarter totaled $1.2 billion, down 29% from prior-year revenue of $1.7 billion.

January 11, 2011
Seitz to retire from Robert Bosch

Mount Prospect, Ill.-based Robert Bosch Tool Corp. has announced that Manfred Seitz will retire at the end of March 2011 as chairman, president and CEO after 34 years leading several different divisions of the Bosch Group.

The company said Terry Horan will succeed as president and CEO, effective April 1, 2011. 

December 15, 2008
Tractor Supply names new senior vp-marketing

John D. Wendler will oversee marketing activities for the company....

July 1, 2008
Niblock named chairman of RILA

The Retail Industry Leaders Association has named its board of directors for 2008, with the...

February 10, 2008
Housewares giant warns on sales

The company did not cite a specific reason for the lower sales, but Jeffrey Siegel,...

November 18, 2007
Tough Third Quarter for BMHC, Builders FirstSource

The building slump continues to hurt sales for two of the LBM industry’s top players,...

October 7, 2007
BMHC sells Colorado yards

BMC West has pulled out of the western Colorado market, selling its distribution yards in...

October 1, 2007
CORRECTED In depth: A sharper focus for BMHC

Company executives said a recent move to divest three lumberyards in Colorado indicates a greater...

June 10, 2007
Blake woos shareholders

Home Depot’s annual meeting on May 24 was a marked contrast to last year’s debacle,...