Lowe's Names New President

Wilkesboro, NC, Jan. 31--Lowe's Cos. has promoted Robert Niblock, the firm’s chief financial officer, to president effective March 1. Niblock assumes the president's duties from chairman and CEO Robert Tillman and will be responsible for store operations, merchandising, logistics and distribution. Robert Hull Jr. will replace Niblock as CFO. He is currently the firm’s vice president of financial planning and analysis.