Executive Leadership Council Statement on the Appointment of Marvin R. Ellison as Chairman of the Board of Directors at Lowe’s
WASHINGTON, DC, Jun. 2, 2021 – The Executive Leadership Council has released the following statement regarding the appointment of Marvin R. Ellison as Chairman of the Board of Directors at Lowe’s.
On behalf of our more than 800 members, The Executive Leadership Council (ELC) congratulates ELC member Marvin R. Ellison on his appointment as Chairman of the Board of Directors at Lowe’s. The ELC commends the Board’s decision to elect Mr. Ellison and underscore Lowe’s’ commitment to diverse leadership at the helm, and in the boardroom, of the company.
“We are thrilled to hear that our very own ELC member, Marvin Ellison, has been appointed as chairman of the Board at Lowe’s. As the company’s President and CEO for the past three years, Mr. Ellison has demonstrated the type of game changing leadership we are pleased to amplify here at The Executive Leadership Council,” says Michael C. Hyter, President and CEO of the membership organization. “This extraordinarily rare appointment increases the tally of current Black board chairmen in the Fortune 500 to nine, and the number of Black executives who serve as both CEO and chairman to three. Mr. Ellison’s appointment is yet another feather in his cap of corporate leadership.”
Mr. Ellison’s track record of success serving as chairman and CEO of J.C. Penney Co., and over a decade spent serving as a senior-level operations executive at Home Depot, speaks for itself. Today, Ellison’s colleagues acknowledge him as a driving force behind Lowe’s successful transformation into a world-class retailer, and he was notably instrumental in leading the organization during the global pandemic.
The ELC and our members proudly applaud Mr. Ellison not only for this latest accomplishment, but also for demonstrating a legacy of excellence in Black corporate leadership for over 35 years.
Libi Rice, The Executive Leadership Council
Thomas Dima, UWG
ABOUT THE EXECUTIVE LEADERSHIP COUNCIL
The Executive Leadership Council, an independent non-profit 501(c)(3) corporation founded in 1986, is the preeminent membership organization committed to increasing the number of global Black executives in C-Suites, on corporate boards, and in global enterprises. Comprising 800 current and former Black CEOs, senior executives, and board directors at Fortune 1000 and Global 500 companies, and entrepreneurs at top-tier firms, its members work to build an inclusive business leadership pipeline that empowers global Black leaders to make impactful contributions to the marketplace and the global communities they serve. For more information, please visit www.elcinfo.com.