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Robert A. Niblock served as the CEO and Chairman of Lowe's Companies Inc. from 2005 until his retirement in 2018. He started his career at Lowe's in 1993 and quickly climbed the ladder, holding roles like Chief Financial Officer and...

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Robert A. Niblock

Ex-CEO of Lowe's Companies

Education

Bachelor's Degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

November 24, 1964 - 60 years ago

CEO of Lowe's Companies for

13 years 5 months (Jan 2005 - Jul 2018)

Previous Experience

Joined Lowe's in 1993, served as CFO and President

Holdings

See how much did Robert A. Niblock make over time.

During his tenure, Robert A. Niblock held a significant number of Lowe's shares. At one point in 2019, his personal holdings were valued at over $128 million. This not only highlighted his confidence in the company's future but also aligned...

Mar 17, 2025

Total Stock Sold

$174.69M

LOW

$174.69M

3,597,671 LOW shares

What if they kept their stock?

If Robert A. Niblock didn't sell their stock, today they would have:
Extra LOW3,597,671 shares worth $342.89M.
This is 96.29% and $168.21M more than what they got when they sold the stock.

Charitable Transactions

LOW

127,564 shares

LOW

Recent Charitable Transactions

LOW

750 shares

LOW

Jun 14, 2017

Charity

LOW

15,500 shares

LOW

Dec 13, 2016

Charity

LOW

20,000 shares

LOW

Nov 23, 2015

Charity

LOW

6,500 shares

LOW

Dec 29, 2014

Charity

LOW

34,000 shares

LOW

Dec 13, 2012

Charity

LOW

1,800 shares

LOW

Oct 1, 2012

Charity

Insider Trading

See recent insider trades of Robert A. Niblock.

PNC

$334.15K

PNC at $167.07/share

May 6, 2022

Purchase

LOW

28,710 shares

LOW

Apr 2, 2018

Received

LOW

750 shares

LOW

Jun 14, 2017

Charity

LOW

14,330 shares

LOW

Apr 1, 2017

Received

LOW

$36.27M

LOW at $81.14/share

Mar 6, 2017

Sale

LOW

15,500 shares

LOW

Dec 13, 2016

Charity

LOW

31,900 shares

LOW

Sep 15, 2016

Received

LOW

$29.69M

LOW at $76.14/share

Apr 5, 2016

Sale

LOW

101,331 shares

LOW

Apr 4, 2016

Received

LOW

20,000 shares

LOW

Nov 23, 2015

Charity

Compensation History

See how much did Robert A. Niblock make over time.

Robert A. Niblock's compensation varied significantly throughout his career at Lowe's, emphasizing a pay-for-performance philosophy. In 2017, he earned over $11.5 million, primarily driven by stock awards that valued over $11 million. By 2018, however, his earnings plummeted to around $1.5 million due to unmet performance goals, showing the risks of linking pay to company performance. Over the years, his salary remained competitive, but he faced challenges with bonuses and stock options that were contingent on the company hitting certain targets. Niblock's approach highlighted how executive pay could align with the broader mission of creating long-term shareholder value, but it also exposed him to the fluctuations of Lowe's fortunes. This structure of rewards aimed to attract and retain top talent while holding them accountable for the company’s success.

Year

2018

Total Compensation

$1.62M

Salary

$1.34M

Board Justification

The compensation philosophy is designed to align executive pay with company performance and shareholder interests, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for the fiscal year 2018 as performance metrics were not met.

Other

$165.89K

Board Justification

Other compensation includes matching contributions to retirement plans, reimbursement for tax and financial planning costs, and personal use of corporate aircraft.

Restricted Stock

$114.55K(114.55K RSU)

Board Justification

The stock awards that vested in 2018 were based on the performance of the company and included time-vested restricted stock awards that became fully vested upon retirement.

Performance Metrics

Performance metrics for the annual incentive plan were based on operating income, sales, and leadership effectiveness, which were not achieved in 2018.