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Lowe's CFO Denton to step down

Published 04/08/2022, 04:46 PM
Updated 04/08/2022, 05:10 PM
© Reuters. FILE PHOTO: Shoppers load a box of merchandise into a truck after visiting a Lowe's hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020.  REUTERS/Mark Makela/File Photo
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(Reuters) -Home improvement chain Lowe's (NYSE:LOW) Cos Inc said on Friday Chief Financial Officer David Denton would step down to pursue another opportunity at a publicly traded company outside the industry.

Denton joined Lowe's as CFO in 2018 from CVS Health Corp (NYSE:CVS), where he worked for nearly 20 years in several roles, including finance chief.

Lowe's said Brandon Sink, senior vice president of retail finance, will succeed Denton, effective April 30.

© Reuters. FILE PHOTO: Shoppers load a box of merchandise into a truck after visiting a Lowe's hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020.  REUTERS/Mark Makela/File Photo

Sink joined Lowe's in 2010 and has held a variety of leadership roles in finance, strategy and accounting, the company said.

Lowe's also reaffirmed its full-year financial outlook.

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