Lowe's makes a change in finance team

Lowe's says it is making an investment in its long-term financial strategy with its latest move on its finance team.

The company saidTiffany L. Mason has been promoted to senior VP of corporate finance and treasurer.

In her expanded role, Mason is taking on responsibility for financial planning and analysis, while she retains responsibility for the investor relations and treasury functions. Mason has nearly 20 years of experience in accounting and corporate finance across various industries, including technology, manufacturing, banking and retail.

<"Tiffany has demonstrated strong business acumen, establishing herself as a trusted advisor to Lowe's leadership on key business decisions, while also earning the respect of the analysts and investors who interact with her regularly," said CFO Robert Hull. "In her expanded role, Tiffany will play an even larger part in shaping our long-term financial strategy as we continue to look for ways to profitably grow as an omni-channel home improvement company."

She joined Lowe's in 2006 as senior manager, external reporting and accounting policy, and was promoted to director a year later. She was promoted to VP, investor relations in 2010 and VP, finance and treasurer in 2013.

With fiscal year 2014 sales of $56.2 billion, Lowe's has more than 1,840 home improvement and hardware stores and 265,000 employees.