CEO of Lowe’s to step down Amid DE Shaw Pressure

CHARLOTTE, N.C. — The CEO of Mooresville, N.C.-based Lowe’s is stepping down. In a statement Monday morning, the home improvement retailer said Robert Niblock has decided to retire after 25 years at the company. The company’s board of director has begun a search for Niblock’s replacement, and in the interim, Niblock will remain in his position…

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