The estimated Net Worth of Richard W Dreiling is at least $89.3 million dollars as of 9 March 2023. Mr. Dreiling owns over 7,100 units of Lowe`s Cos stock worth over $1,760,851 and over the last 15 years he sold LOW stock worth over $87,021,721. In addition, he makes $486,480 as Independent Chairman of the Board at Lowe`s Cos.
Richard has made over 16 trades of the Lowe`s Cos stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 7,100 units of LOW stock worth $1,008,200 on 9 March 2023.
The largest trade he's ever made was exercising 496,296 units of Lowe`s Cos stock on 27 March 2013 worth over $3,970,368. On average, Richard trades about 15,259 units every 22 days since 2009. As of 9 March 2023 he still owns at least 7,118 units of Lowe`s Cos stock.
You can see the complete history of Mr. Dreiling stock trades at the bottom of the page.
Richard W. Dreiling serves as Independent Chairman of the Board of the Company. Mr. Dreiling retired in June 2015 from Dollar General Corporation, the nation’s largest small-box discount retailer, as Chief Executive Officer, a position he held since January 2008. Mr. Dreiling served as Chairman of Dollar General Corporation from December 2008 until January 2016 and as Senior Advisor from June 2015 until January 2016. Before joining Dollar General, Mr. Dreiling served as Chief Executive Officer, President and a director of Duane Reade Holdings, Inc. and Duane Reade Inc., the largest drugstore chain in New York City, from November 2005 until January 2008, and as Chairman of Duane Reade from March 2007 until January 2008. Prior to that, Mr. Dreiling, beginning in March 2005, served as Executive Vice President-Chief Operating Officer of Longs Drug Stores Corporation, an operator of a chain of retail drug stores on the West Coast and Hawaii, after having joined Longs in July 2003 as Executive Vice President and Chief Operations Officer. From 2000 to 2003, Mr. Dreiling served as Executive Vice President-Marketing, Manufacturing and Distribution at Safeway, Inc., a food and drug retailer. Prior to that, Mr. Dreiling served from 1998 to 2000 as President of Vons, a southern California food and drug division of Safeway.
As the Independent Chairman of the Board of Lowe`s Cos, the total compensation of Richard Dreiling at Lowe`s Cos is $486,480. There are 11 executives at Lowe`s Cos getting paid more, with Marvin Ellison having the highest compensation of $11,621,400.
Richard Dreiling is 66, he's been the Independent Chairman of the Board of Lowe`s Cos since 2018. There are 2 older and 24 younger executives at Lowe`s Cos. The oldest executive at Lowe`s Cos., Inc. is David Batchelder, 70, who is the Independent Director.
Richard's mailing address filed with the SEC is , 1000 LOWES BOULEVARD, MOORESVILLE, NC, 28117.
Over the last 24 years, insiders at Lowe`s Cos have traded over $222,041,073 worth of Lowe`s Cos stock and bought 148,293 units worth $10,508,015 . The most active insiders traders include David H Batchelder, Robert A Niblock et Richard W Dreiling. On average, Lowe`s Cos executives and independent directors trade stock every 20 days with the average trade being worth of $9,636,935. The most recent stock trade was executed by Joseph Michael Mc Farland on 1 April 2024, trading 15,525 units of LOW stock currently worth $3,840,575.
Lowes Companies, Inc., often shortened to Lowes, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States.
Lowe`s Cos executives and other stock owners filed with the SEC include: