Lowe’s Appoints Richard D. Maltsbarger Chief Operating Officer

Moorsville, N.C. -- Lowe’s announced that Richard Maltsbarger, Lowe’s chief development officer and president of international, has been appointed COO, effective Feb. 3, 2018. Maltsbarger succeeds Rick Damron who plans to retire after 36 years with the company, having served as chief operating officer since 2012. Maltsbarger will continue to report to Robert Niblock, chairman, president and CEO.

In his new role, Maltsbarger will be responsible for delivering seamless omni-channel experiences to execute Lowe’s brand promise and build lasting customer loyalty. He will oversee areas including store operations, supply chain, pro and services, while also working closely with Michael McDermott, chief customer officer, to further enhance our omni-channel customer experience. A strong business leader, Maltsbarger has led Lowe’s international operations since 2015 and has a deep background in developing and executing strategy based on customer insights.