Who Currently Owns Lowes?

Leadership and Growth
With hopes of becoming a national chain, Carl Buchan becomes the sole owner of Lowe's, ending his joint ownership with Jim Lowe.

Who owns Lowes now?

Ellison. Marvin Ellison is chairman, president and chief executive officer of Lowe's Companies Inc., a FORTUNE® 50 home improvement company with more than 2,200 stores and approximately 300,000 associates in the United States and Canada.

Is Lowe's owned by black man?

Lowe's Companies Inc. is a publicly-traded company on the NYSE listed under the ticker symbol "LOW." Lowe's is led by Marvin Ellison, a Black man who took over as the CEO in 2018. Ellison grew up in a segregated Southern community to parents who were sharecroppers.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.