Long-time Lowe's exec to retire

MOORESVILLE, N.C. — Michael Brown, EVP and CIO of Lowe's is retiring after nearly 28 years with the company and has announced plans to accept the company’s voluntary separation program.

“Mike’s leadership in both store operations and information technology over the years has been invaluable to Lowe’s,” said Robert Niblock, chairman, president and CEO. “After a successful career in store operations and merchandising, Mike took on responsibility for the company’s IT function, upgrading technology and store infrastructure, positively impacting employees' ability to access information and better serve customers. We respect Mike’s decision to go a different direction and wish him well.”

Brown was named CIO in 2011 after a 26-year career in store operations and merchandising. He joined the company in 1984 and served in numerous roles, including store manager, merchandising vice president and vice president of specialty sales, regional VP, SVP and EVP store operations.

The company has already begun a search for a chief information officer. Brown will continue to serve in his present role for a period of time to assist with the transition.