Marvin Ellison

Marvin Ellison is an American business executive who serves as the President and Chief Executive Officer of Lowe's, joining the company on July 2, 2018. He was previously the CEO of J. C. Penney, and had been since August 2015. He joined the company in November 2014 and served as CEO-designee and president before taking over the role of CEO.
Career
Ellison was an executive at Home Depot, in charge of the company's U.S. stores, from 2002 until 2014 when he was hired by J. C. Penney.
Ellison was one of five African American CEOs on the 2016 Fortune 500 greatest leaders list, placing 19th.
In February 2017, Ellison was part of a group of retail executives that met with Former President Donald Trump and legislators to discuss tax reform. Following the meeting, Ellison stated that he believed a border adjustment tax, as it was proposed in a House bill, would make it difficult for J.C. Penney to be profitable and would also negatively impact U.S. consumers.
On May 22, 2018, it was announced that Ellison would leave J.C. Penney and take over as CEO of Lowe's on July 2, replacing retiring CEO Robert Niblock, who had been under pressure from large institutional investors for failing to increase Lowe's stock value to its stockholders.
Personal life
Ellison grew up in Brownsville, Tennessee, one of seven children. He grew up poor, with his father working multiple jobs throughout his childhood. Ellison worked his way through college, an experience he said influenced his later corporate career. He is a lifelong musician, and growing up, his family performed as a gospel act.
Ellison holds business administration degree in marketing from the University of Memphis and an MBA from Emory University.
He and his wife, Sharyn, met while attending the University of Memphis. They have a son and a daughter.<ref name":0" /><ref name":3" />

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