Mooresville-based Lowe’s Inc. said Thursday that it’s hired a Husqvarna executive as its new chief merchandising officer.
Michael Jones was president of Husqvarna North and Latin America, and before that worked for General Electric. As chief merchandising officer for Lowe’s, he’ll report to chief customer officer Gregory Bridgeford.
“Mike has extensive experience with consumer products in categories relevant to the home improvement business, with both Husqvarna and GE including appliances, outdoor power equipment and lighting categories,” said Bridgeford, in a statement.
Analyst Wayne Hood of BMO Capital Markets said Jones doesn’t have much retailing experience, but Husqvarna and Lowe’s have worked closely together for a long time. “The appointment could benefit Lowe's as Husqvarna has long been an important supplier to Lowe's, giving Mr. Jones insight into Lowe's transformational strategy,” said Hood, in a note to clients.
The company also said Stephen Szilagyi has been promoted to supply chain executive, overseeing the company’s logistics and distribution.
Portillo: 704-358-5041 On Twitter @ESPortillo
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