Marvin Ellison Bio | Wiki
Marvin Ellison is a well-known American businessman. He is working as chairman, president, and CEO of Lowe’s Companies, Inc. He is the only African American serving as chairman and CEO of two Fortune 500 companies. Before Lowe, he was chairman and CEO of J.C. Penney Co. During his time, he delivered positive sales growth, reduced debt, and generated positive adjusted earnings per share.
Marvin Ellison Age | Birthday
He was born in Haywood County, Tennessee, in the United States in 1966. Ellison is 57 years old. However, he has not disclosed when he celebrates his birthday.
Marvin Ellison Height
He is a man of average stature. Ellison stands at a height of 5 ft 8 in ( approx. 1.73m ).
Marvin Ellison Parents
He was born in Haywood County, Tennessee, in the United States to his parents. He holds American nationality. Ellison’s parents were working-class and he was the middle child of seven siblings. His father worked as a sharecropper-turned-insurance salesman. His mother was the first in their family to graduate from high school. Moreover, he performed gospel music as the “Ellison Family” as he played bass guitar.
Marvin Ellison Wife
He is married to his wife Sharyn Ellison. Sharyn works as the executive director at the Ellison Foundation which was formed in 2010. Before, she was the designer and owner of Shar-Interior Designs. The couple are parents of two children a son Donavan Ellison and a daughter. His family resides in Mooresville, North Carolina.
Marvin Ellison Education
He was accepted into the University of Memphis as a business major in 1984. In 1988, Ellison graduated with a Business Administration degree in Marketing and later earned his MBA at Emory University in Atlanta, Georgia.
Marvin Ellison House | Home | House Charlotte Nc
He resides with his family in Mooresville, North Carolina. Ellison and his wife bought a 12,000-square-foot mansion in Seven Eagles in 2018 for $3.275 million. The two bought the house from Charlotte Checkers owner Michael Kahn and Wendy.
Marvin Ellison Email | Lowes Email | Contact Information
As the chairman, president, and CEO of Lowe’s Companies, Inc. his email account is [email protected]
Marvin Ellison Leadership Style
Ellison’s leadership style is transformational and servant as he mostly focuses on encouraging employees to exceed their previous expectations and achieve great results for the company.
Marvin Ellison Lowes | Lowes Ceo
Ellison is working as chairman, president, and CEO of Lowe’s Companies, Inc. He is the only African American serving as chairman and CEO of two Fortune 500 companies. He became the president and CEO of Lowe’s in July 2018. Ellison has extensive experience in the home improvement industry as he spent 12 years in senior-level operations roles with The Home Depot.
From 2008 to 2014, he was Executive Vice President of U.S. stores. He oversaw U.S. sales, operations, installation services, tool rental, and pro-strategic initiatives. Before Lowes, he was chairman and CEO of J.C. Penney Co. During his time, he delivered positive sales growth, reduced debt, and generated positive adjusted earnings per share where he worked for 15 years.
His leadership style is about staying hungry and grinding out ways to successfully compete. Furthermore, he has received several accolades in his career including Fortune’s “Most Inspirational CEOs” and “World’s Greatest Leaders” lists; and being named “Father of the Year” by the National Father’s Day Council.
Marvin Ellison Political Party | Political Affiliation | Politics | Political Views
The firm Lowe’s is a major donor to Republicans, both nationally and in the state. Ellison was named to Trump’s Great American Economic Revival advisory group for retail.
Marvin Ellison Salary
He has attained a total yearly compensation is $17.47M as CEO from the compensation, $1,450,000 in salary, $3,707,360 bonus, $3,099,490 in stock opinions, $9,172,764 awarded stock, and $42,391 came from other types of compensation.
Marvin Ellison Net Worth
Ellison is a 57-year-old American businessman who has earned a decent fortune working at Lowe’s and J.C. Penney Co. His net worth is $80 Million.
Who Is Marvin Ellison
Ellison is a 57-year-old American businessman. He is working as chairman, president, and CEO of Lowe’s Companies, Inc. He is the only African American serving as chairman and CEO of two Fortune 500 companies. Before Lowe, he was chairman and CEO of J.C. Penney Co. During his time, he delivered positive sales growth, reduced debt, and generated positive adjusted earnings per share.
How Much Does Marvin Ellison Make
He has attained a total yearly compensation is $17.47M as CEO. The compensation is made of 8.3% salary and 91.7% bonuses, including company stock and options directly owns 0.039% of the company’s shares, worth $51.45M.
How old Is Marvin Ellison
He is 57 years old born in Haywood County, Tennessee, in the United States in 1966.