Lowe's Companies (LOW) executive compensation, 2026 proxy

Marvin R. Ellison, Chairman, President and Chief Executive Officer, was paid $21.6M in 2025, up 7% from $20.2M the year before. The CEO-to-median-employee pay ratio was 578:1, on median employee pay of $37,371.

Filed
April 16, 2026
Annual meeting
May 29, 2026
Pay year
2025
Named executives
5
CEO total pay
$21.6M+7% vs prior year
CEO to median employee
578:1median $37,371
CEO pay in equity
78%$16.7M in awards
Prior say-on-pay support
94%of votes cast
CEO Total Compensation
$21,581,889Fiscal 2025
CEO to Median Pay Ratio
578:1Fiscal 2025
Median Employee Pay
$37,371Fiscal 2025
Annual Incentive Payout
104.67%For NEOs

How Ellison was paid

$21.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards58%Option awards20%Non-equity incentive15%All other compensation0%

Named executive officers

ExecutiveTotal
Marvin R. EllisonChairman, President and Chief Executive Officer$21,581,889
Brandon J. SinkExecutive Vice President, Chief Financial Officer$6,526,641
Joseph M. McFarland IIIExecutive Vice President, Stores$7,393,855
William P. BoltzExecutive Vice President, Merchandising$7,479,153
Seemantini GodboleExecutive Vice President, Chief Digital and Information Officer$6,447,844

What changed and why

  • $21.6MCEO total compensation increased to $21,581,889 in fiscal 2025.
  • 104.67%Annual incentive plan paid out at 104.67% for NEOs based on performance.
  • 94%Shareholders approved executive compensation with approximately 94% support at the prior annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.