Lowe's CEO went from earning $4.35 an hour at Target to being one of only 8 Black Fortune 500 CEOs with this strategy [Yahoo! Finance]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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Source: Yahoo! Finance
Ellison got his start making just $4.35 per hour working part-time at Target while he was in college at the University of Memphis. Now he's president, CEO, and chairman of Lowe's, a $130 billion home-improvement giant and one of only eight Black Fortune 500 CEOs . While that's less than 2% of the entire group, it's a record-high share of Black CEOs on the list. Reflecting on the fact that he's only one of a few Black CEOs on the Fortune 500, Ellison said he has mixed emotions. “On one hand, I feel incredibly privileged and blessed to be in this role because it gives me a chance to hopefully be a positive role model and create a pathway for other people who look like me,” Ellison said in a November 2022 interview with Daymond John, a Black entrepreneur most famous for his hip-hop apparel company FUBU and serving as an angel investor on Shark Tank. “I'm really disappointed that in 2022 we still have such a significant gap in the capability that exists out there and the opportunit
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- 8/20/24 - Beat
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