Lowe’s to scrap four positions including chief operating officer

(Reuters) – Home improvement chain Lowe’s Cos Inc (LOW.N) said on Monday it would eliminate several key positions including chief operating officer.

The company will also scrap chief customer officer, corporate administration executive and chief development officer positions.

The responsibilities of the four positions will be assigned to other senior executives who will directly report to Chief Executive Officer Marvin Ellison.

Reporting by Nivedita Balu in Bengaluru; Editing by Maju Samuel



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