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Joseph Michael McFarland, III net worth and biography

Joseph McFarland, III Biography and Net Worth

EVP of Lowe's Companies

As executive vice president of stores, Joe McFarland leads the team of almost 300,000 Lowe’s associates who interact with our customers every day. He is responsible for all stores, operations engineering, asset protection, real estate, facilities, aviation and global security. He joined Lowe’s in 2018.

Joe has more than 25 years of retail operations experience. Before joining Lowe’s, he served as executive vice president and chief customer officer at J.C. Penney Co., where he oversaw the company’s 1,000 brick-and-mortar stores, operations and merchandise strategies to improve sales productivity and simplify operations while driving the customer experience. Previously, Joe spent 22 years at The Home Depot, where he served as president of the Northern division and then the Western division from 2007 to 2015, leading over 110,000 associates and producing record sales and profits. Joe began his retail career as an hourly sales associate and has held all field leadership roles. Regardless of his role, Joe’s focus is on advocating for associates and exceeding customers’ expectations while producing positive results.

Joe is a Gulf War and Desert Storm veteran, having served six years in the U.S. Marines. He serves on the boards of the Lisa Beth Gerstman Foundation, City of Hope Hardware/Homebuilding Industry and Building Homes for Heroes. In addition, he and his wife founded a nonprofit real estate company that provides affordable housing to families in need. He is a proven servant leader, both in business and in the community.

What is Joseph Michael McFarland, III's net worth?: The estimated net worth of Joseph Michael McFarland, III is at least $10.71 million as of August 28th, 2023. Mr. McFarland, III owns 46,594 shares of Lowe's Companies stock worth more than $10,710,563 as of April 27th. This net worth estimate does not reflect any other investments that Mr. McFarland, III may own. Learn More about Joseph Michael McFarland, III's net worth.
How do I contact Joseph Michael McFarland, III?: The corporate mailing address for Mr. McFarland, III and other Lowe's Companies executives is 1000 LOWE`S BLVD, MOORESVILLE NC, 28117. Lowe's Companies can also be reached via phone at (704) 758-1000 and via email at [email protected]. Learn More on Joseph Michael McFarland, III's contact information.
Has Joseph Michael McFarland, III been buying or selling shares of Lowe's Companies?: Joseph Michael McFarland, III has not been actively trading shares of Lowe's Companies during the last quarter. Most recently, Joseph Michael Mcfarland sold 4,500 shares of the business's stock in a transaction on Monday, August 28th. The shares were sold at an average price of $222.53, for a transaction totalling $1,001,385.00. Following the completion of the sale, the executive vice president now directly owns 46,594 shares of the company's stock, valued at $10,368,562.82. Learn More on Joseph Michael McFarland, III's trading history.
Who are Lowe's Companies' active insiders?: Lowe's Companies' insider roster includes David Batchelder (Director), Ricky Damron (COO), Janice Dupré (EVP), Marvin Ellison (CEO), Donald Frieson (EVP), Seemantini Godbole (EVP), Matthew Hollifield (CAO), Ross Mccanless (EVP), Joseph McFarland, III (EVP), Robert Niblock (Chairman), Brandon Sink (Exec. VP & CFO), and Jennifer Weber (EVP). Learn More on Lowe's Companies' active insiders.
Are insiders buying or selling shares of Lowe's Companies?: In the last year, insiders at the home improvement retailer sold shares 3 times. They sold a total of 22,994 shares worth more than $4,913,714.70. The most recent insider tranaction occured on August, 31st when EVP Janice Dupre sold 5,380 shares worth more than $1,244,286.40. Insiders at Lowe's Companies own 0.3% of the company. Learn More about insider trades at Lowe's Companies.
Information on this page was last updated on 8/31/2023.

Joseph Michael McFarland, III Insider Trading History at Lowe's Companies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/28/2023	Sell	4,500	$222.53	$1,001,385.00	46,594

Joseph Michael McFarland, III Buying and Selling Activity at Lowe's Companies

Lowe's Companies Company Overview

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical. In addition, the company offers installation services through independent contractors in various product categories; and extended protection plans and repair services. It sells its national brand-name merchandise and private brand products to professional customers, homeowners, renters, businesses, and government. The company also sells its products through Lowes.com website; and through mobile applications. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.

Today's Range

Now: $229.87

$229.72

$233.24

50 Day Range

MA: $239.98

$225.51

$260.94

2 Week Range

Now: $229.87

$181.85

$262.49

Volume

1,970,953 shs

Average Volume

2,110,073 shs

Market Capitalization

$131.53 billion

P/E Ratio

17.47

Dividend Yield

1.91%

Beta

1.13

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