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Cracker Barrel CEO joins Lowe's board


Lowe's has added a retail veteran to its board of directors who serves on the boards of Dollar General and Books-A-Million.

Lowe's announced that Sandra B. Cochran, 57, has been appointed to its board of directors, effective immediately. The announcement brings Lowe's board of directors to 13 members, 12 of whom are independent.

"Sandy brings a combination of strong leadership and retail experience, as well as tremendous financial acumen to Lowe's, and I am pleased to welcome her to our board of directors," said Robert A. Niblock, Lowe's chairman, president and CEO. "Her executive-level financial experience will be a tremendous asset as we continue our transition from a home improvement retailer to an omnichannel home improvement company."

Cochran is the president and chief executive officer of Cracker Barrel Old Country Store, Inc. She joined Cracker Barrel as CFO in 2009 and was named president and COO the following year. Cochran was named to her current position in September of 2011. She was previously CEO of Books-A-Million, Inc. from 2004-2009. Cochran is on the board of directors of Cracker Barrel Old Country Store, Inc. and Dollar General, and previously served on the board of directors of Books-A-Million.

Cochran will serve on the Governance and Compensation committees. She will stand for election at Lowe's 2016 annual meeting of shareholders.

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