Top Black CEO Marvin Ellison gains $3.3 million from Lowe’s shares
The recent $3.35-million surge in Ellison’s stake in Lowe’s further solidifies his position as one of the wealthiest Black CEOs in the U.S.
The recent $3.35-million surge in Ellison’s stake in Lowe’s further solidifies his position as one of the wealthiest Black CEOs in the U.S.
Despite a $2.2-million reduction in Ellison’s Lowe’s stake, he retains his status as one of the world’s highest-ranking Black CEOs.
Ellison, one of the world’s highest-ranking Black CEOs, has been Lowe’s chairman and CEO since 2018.
Ellison is recognized as one of the world’s highest-ranking Black CEOs on the Fortune 500 list.
Ellison’s minority 0.038-percent stake in Lowe’s translates to a total of 224,800 shares.