Lowe’s CEO Marvin Ellison Named NRF’s 2023 Visionary

The National Retail Federation has announced that Lowe's Chairman and CEO Marvin Ellison will receive The Visionary award.
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Marvin Ellison will also participate in a fireside chat with NRF President and CEO Matthew Shay about his vision for the future of retail and Lowe’s role in bringing it to life through investing in programs that empower young leaders and expand access to opportunity. Don't miss "The Visionary 2023: Lowe’s Chairman and CEO Marvin Ellison, in conversation with NRF President and CEO Matthew Shay" on Monday, January 16 at 9:15–9:45 am at the NRF Big Show 2023.

The National Retail Federation has announced that Lowe's Chairman and CEO Marvin Ellison will receive The Visionary award. Ellison will be recognized during the eighth annual NRF Foundation Honors on Jan. 15 in New York City.

“With more than three decades of executive leadership at national retail brands, Marvin Ellison has built an exemplary career, driven through his passion to lead by example in the pursuit of excellence,” NRF president and CEO Matthew Shay said. “A magnanimous figure among retailers, his unwavering dedication to his team, their customers and the communities they serve is indicative of his expertise and his character. NRF is honored to recognize him with The Visionary award.”

Presented each year to an outstanding retail industry leader, The Visionary award honors Ellison for his stewardship to drive positive change within the retail industry. Throughout his career, he has successfully navigated several challenges, including supporting Lowe’s communities and front-line associates through the global health crisis while helping customers keep their homes and businesses safe and operational as an essential retailer. As he leads the company into its second centennial, Ellison remains focused on transforming Lowe’s into a world-class, omnichannel retailer.  

Past recipients of The Visionary award include Target Corp. board chairman and CEO Brian Cornell; Kohl’s CEO Michelle Gass; Nike chairman, president and CEO Mark Parker; Walmart president and CEO Doug McMillon; and Levi Strauss & Co. president and CEO Chip Bergh.

“At its core, Lowe’s fundamental mission is to provide the products and service to help people improve the places they value the most – their homes. The people we serve are at the heart of everything we do,” Ellison said. “I am grateful for NRF’s recognition of our team’s outstanding commitment to our customers and communities.”

Ellison joined Lowe’s in 2018 with deep experience in the home improvement industry. As CEO of the Fortune 50 company, he leads a team of over 300,000 associates and more than 2,200 stores across the United States and Canada. Prior to Lowe’s, Ellison served as chairman and CEO of J.C. Penney Co., and spent a dozen years in senior-level operations roles with The Home Depot, serving as executive vice president of U.S. stores from 2008 to 2014. Prior to The Home Depot, he spent 15 years at Target Corp.

Since 2015, the NRF Foundation Honors has raised funds to support the NRF Foundation’s work highlighting retail as an industry of opportunity and providing resources to prepare people for life-changing careers. The event celebrates leaders in retail and features the presentation of the NRF Foundation’s undergraduate scholarships.

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