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Lowe’s Adds Krispy Kreme Chairman to Board of Directors

Lowe’s Companies, Inc., recently appointed a former Krispy Kreme CEO and current chairman to the home improvement retailer’s board of directors.

The new Lowe’s board member is James H. Morgan, 67. The announcement brings Lowe’s board of directors up to 12 members,  according to a press release.

Morgan served as Krispy Kreme CEO from 2008 to 2014, on its board of directors since 2000 and as its chairman since 2005. He has extensive experience in the financial services area, having served as chairman and CEO of Wachovia Securities, Inc., and as chairman and CEO of investment banking and brokerage firm Interstate/Johnson Lane. He also serves on the board of directors for Coca-Cola Bottling Co. Consolidated, the nation’s second largest Coca-Cola bottler, the press release says.

“With his career in publicly held retail, consumer products and financial services companies, Jim brings deep and relevant experience to our board,” Robert A. Niblock, Lowe’s chairman, president and CEO, says in the press release. “Jim will be a valuable resource as we continue our transformation to an omnichannel home improvement company focused on differentiating through exceptional customer experiences.”

To read the press release, click here.

About Renee Changnon

Renee Changnon is the retail outreach coordinator for NRHA. She meets with retailers in their stores and at industry events and introduces them to the services NRHA provides. Renee previously worked as a member of the NRHA communications team. She earned a degree in visual journalism from Illinois State University, where she served as the features editor for the school newspaper. After college, she implemented marketing and promotions initiatives at Jimmy John’s franchise locations across the country. She enjoys exploring books with her book club, Netflix marathons and hosting goat yoga at her apartment complex. Renee Changnon 317-275-9442 rchangnon@nrha.org

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