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January 18, 2024 : In a strategic move aimed at bolstering its operational efficiency and customer experience, Lowe’s Companies, Inc., a leading home improvement retailer, has announced the appointment of Margi Vagell as its new Executive Vice President of Supply Chain, effective March 1, 2024. Vagell brings nearly two decades of experience in the retail industry, with a proven track record of success in driving supply chain excellence and achieving operational agility.
Vagell succeeds Don Frieson, who has served as Lowe’s Executive Vice President of Supply Chain since 2018 and is stepping down to pursue retirement. During his tenure, Frieson spearheaded the transformation of Lowe’s supply chain, championing investments in modernization and streamlining processes to enhance product availability and delivery.
Vagell’s extensive experience within Lowe’s positions her well to take the helm of the company’s supply chain operations. She has held various senior leadership roles at Lowe’s, including Senior Vice President and General Merchandise Manager for Hardlines and Home Decor, Vice President, Chief Customer Officer of Operations, and Senior Vice President of Store Merchandising. In these roles, Vagell has played a pivotal role in developing and executing strategies that have strengthened Lowe’s market delivery network, expanded its omnichannel capabilities, and ensured product availability for its customers.
“Margi’s extensive home improvement experience and deep understanding of our business, coupled with her proven leadership skills and track record of success, make her the ideal candidate to lead our supply chain organization into the future,” said Marvin Ellison, Lowe’s Chairman, and CEO. “We are confident that under her guidance, we will continue to build upon the strong foundation established by Don and further optimize our supply chain to deliver an exceptional experience for our customers and associates.”
Vagell’s appointment reflects Lowe’s commitment to fostering internal talent development and promoting diversity within its leadership ranks. Her extensive expertise in both merchandising and operations positions her to bridge the gap between these critical functions, fostering seamless integration and optimization across the entire supply chain.
The changing landscape of the retail industry, characterized by increasing consumer demand for convenience and online shopping options, places immense pressure on supply chain operations. Vagell’s leadership is expected to be instrumental in navigating these challenges and ensuring that Lowe’s remains at the forefront of innovation and efficiency within the home improvement sector.
