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Lowe’s CEO pay drops 24%
Mooresville, N.C. – Reduced stock awards and incentives resulted in a roughly 24% pay cut for Robert Niblock, president, chairman and CEO of Lowe’s Companies Inc., in 2014. In an SEC filing, Lowe’s reported that Niblock’s total compensation in 2014 came to $14.3 million, compared to $18.7 million in 2013.
Niblock’s base salary grew 5% to $1.3 million from $1.2 million. However, Niblock’s stock awards fell to $5.8 million from $9.8 million, and other incentives decreased, as well. -
Innovative Tiles
Innovative Tiles: Ceramic tiles are no longer limited to 8x8 or 12x12 sizes; industry-leading innovator StonePeak designs tile in 48-inch sizes, all the up to 5 ft. x 10 ft., with potentially larger sizes to come. Meet Todd Ward with StonePeak High-Tech Porcelain, who discusses the company’s innovative tile offerings and uses in retail.