May 23, 2018 3 minutes

JCPenney Chairman and CEO Marvin R. Ellison to Leave for Lowe’s

Flash Report
Primary Analyst:
Coresight Research
Contributors
Primary Analyst:
Coresight Research
May 23, 2018 3 minutes

Executive Summary

  • JCPenney’s Chairman and CEO Marvin R. Ellison has been appointed President and CEO of Lowe’s, effective July 2.
  • Ellison will leave JCPenney on June 1.
  • Ellison previously spent 12 years at Lowe’s biggest home-improvement rival, Home Depot.

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