10 Things You Didn’t Know About Lowe’s CEO Marvin Ellison

Marvin Ellison is a business executive who formerly held the position of Chief Executive Officer of J.C. Penney. In July 2018, he joined Lowe’s and became their President and Chief Executive Officer. This was a highly publicized move and many people became interested in this businessman. Despite his current high profile, there are probably many things that people do not know about this man. Here are ten interesting facts that you probably didn’t know about Marvin Ellison.

1. He is From a Large Family

As a child, Ellison’s life was very different from what it is now. He was born to a poor family in Tennessee and is one of seven children. His father had to work multiple jobs to support his family and Ellison had to work while attending college. Ellison has said that this was not a bad thing as it gave him the experience he needed to advance into a corporate career.

2. He is One of Only 5 African American CEOs on the Fortune 500 Greatest Leaders List

One of Marvin Ellison’s accolades is that he is one of only a handful of African-American men to have made it onto the Fortune 500 Greatest Leaders List. On the 2016 version of this list, there were only four other African-American CEOs included on the list and Marvin Ellison was ranked in 9th position.

3. He Studied at the University of Memphis

Prior to beginning his corporate career, Marvin Ellison studied at the University of Memphis where he earned a degree in business administration. He then went on to achieve his MBA at the Emory University.

4. He Has a Musical Background

One of the most surprising facts about Marvin Ellison, considering his corporate career, is that he has a background in music. When he was growing up, he would perform alongside his family in a gospel act. Music has remained a lifelong passion for this businessman.

5. He is a Family Man

Although Marvin Ellison has a very demanding working life, he still has time for his family. He is happily married to his wife, Sharyn, who he met while they were both attending the University of Memphis. The couple has a son and a daughter together.

6. He Met Donald Trump for a Debate on Tax Reform

As a high-profile corporate figure, Ellison was invited to join a group of retailers to meet with legislators and President Donald Trump to discuss tax reform in February 2017. Following this meeting, Ellison expressed the opinion that a border adjustment tax would have a negative impact on consumers in the United States and that it would make it difficult for companies such as J.C. Penney to remain profitable.

7. He Has Worked for Both Home Depot and Target

Marvin Ellison is best-known for his positions at Lowe’s and J.C. Penney. However, he also worked at both Home Depot and Target. He worked in the loss prevention department of the Target Corporation between 1997 and 2002 when he moved to Home Depot as an executive. He was employed by Home Depot until 2014 when he landed his role at J.C. Penney.

8. He Believes That Online and Bricks-and-Mortar Retail Are Not Separate Entities

Many companies treat the online aspect of their business separately to the bricks-and-mortar side of their company. Ellison believes that this is the wrong way to go about business and that the focus should be on the two segments working collaboratively to complement each other.

9. He Supports Diversity

As Ellison is one of only a handful of African American CEOs for major companies, he is often asked about diversity in the workplace. He has always replied that diversity is important and that someone’s talent is what should get them ahead, regardless of their ethnicity, religion, or sexuality. If someone is good at their job, Ellison believes they deserve the opportunity to succeed.

10. The Most Difficult Part of His Job is Getting His Associates to Share His Goals

Since landing the role of president and CEO of Lowe’s Ellison has said that the hardest part of his job has been getting his associates to share his vision and his goals. He is trying to listen and communicate but appreciates they have had a rough ride in recent years and need the motivation to move forward in a new way and face the challenges head-on.

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

insurance
20 Things You Didn’t Know About Marshmallow
electric bike
20 Things You Didn’t Know About VanMoof
Bob van Dijk
10 Things You Didn’t Know About Bob van Dijk
computer services
20 Things You Didn’t Know about Jeeves
grocery shopping with credit card
The 10 Best Credit Cards for Groceries in 2021
credit cards
The 10 Best First Credit Cards To Get in 2021
American Express
Ranking The 10 Best Amex Transfer Partners
Dogecoin
Here’s How You Can Buy Dogecoin
Ruby Falls
10 Awesome Caves To Visit in Tennessee
Visit Vapriikki
The 20 Best Things to do in Tampere, Finland
Hydra
10 Greek Islands Every Traveler Should Visit Once
Explore the Old Town
The 20 Best Things to do in Estepona, Spain
Lincoln's New Sleek Concept Car
A Closer Look at Lincoln’s New Sleek Concept Car
"Arosa" - The Supercar of Hovercrafts
VonMercier Reveals “Arosa” – The Supercar of Hovercrafts
2022 Subaru BRZ
A Closer Look at the 2022 Subaru BRZ
2023 400HP Nissan Z
A Closer Look at The 2023 400HP Nissan Z
Sinn U1 DS Limited Edition
A Closer Look at the Sinn U1 DS Limited Edition
Casio Vintage X Pac-Man A100WEPC-1B
A Closer Look at the Casio Vintage X Pac-Man A100WEPC-1B
A Closer Look at the Bell & Ross Diver Blue
UR-100 Electrum By URWERK
A Closer Look at The UR-100 Electrum By URWERK
Andrew Dice Clay
How Andrew Dice Clay Achieved a Net Worth of $10 Million
Ricky Martin
The 10 Richest People in Puerto Rico
Gary Owen
How Gary Owen Achieved a Net Worth of $3 Million
Howie Long
How Howie Long Achieved a Net Worth of $16 Million