Lowe’s promotes Croom to CFO post

MOORESVILLE, N.C. — Lowe’s Companies Inc. announced last week the promotion of Marshall Croom, a 20-year veteran of the company and chief risk officer since 2009, to the position of chief financial officer, effective March 3. Croom will report directly to Chairman, CEO, and President Robert Niblock. Outgoing CFO Robert Hull Jr., who is retiring after 17 years at Lowe’s, will remain at Lowe’s through March to ensure a smooth transition period.