Mooresville, NC, November 17, 2005--Lowe's has named Matthew V. Hollifield senior vice president and chief accounting officer, replacing Ken Black, who announced his plans to leave the company to pursue other career opportunities.
Hollifield, 39, will report to Bob Hull, Lowe's executive vice president and chief financial officer.
Hollifield joined Lowe's in 2002 as vice president of corporate accounts payable, having served previously with Century Furniture Industries as its chief financial officer from 2000 to 2002. He has 17 years experience in finance, accounting, strategic planning and public accounting.
"Matt has strong accounting and business experience and has demonstrated tremendous leadership skills since joining Lowe's," said Hull. "He is certainly ready to assume this new role.
"We thank Ken for his many contributions to Lowe's and certainly wish him well in his future business endeavors."
Hollifield has a bachelor's degree in business administration from Appalachian State University and earned an M.B.A. from Duke University. He is a certified public accountant.
