Mooresville, NC, Dec. 9--Lowe's announced today the resignation of Thomas D. O'Malley from its Board of Directors, effective immediately. O'Malley cited time constraints due to other commitments in advising the Board of his decision.
"Tom has served Lowe's and our shareholders well since joining the Board in 2000," said Robert L. Tillman, Lowe's chairman and CEO. "While we regret Tom's decision to step down due to time constraints, the Board certainly respects and understands his decision, and we wish him much success with his future business endeavors."
Tillman indicated a replacement will be announced at a later date.
