Lowe’s appoints 12th member to board of directors

Lowe’s has announced the appointment of S. Thomas Moser to its board of directors, as well as to the board’s governance and audit committees. With the appointment, Lowe’s board increases to 12 members, with 11 of them being independent directors.

Moser, 61, served as vice chairman of KPMG, the U.S. member firm of KPMG International, from 1998 until his retirement in February 2008. He joined KPMG in 1970, became an audit partner and held several positions, including national director-retail and consumer products, vice chair-consumer and industrial, vice chair-industries and vice chair-strategy. He served as a member of the firm's board of directors and management committee.

"Tom Moser's depth and breadth of experience with KPMG will be an asset to the Lowe's board of directors," said Robert A. Niblock, Lowe's chairman and CEO. "The board and I look forward to working with him."

Moser received a bachelor's degree in business administration from the University of North Carolina at Chapel Hill. He serves on the board of directors and insurance and operations committee of New York Life Insurance Co. He also serves on the board of directors of the global nonprofit organization Students in Free Enterprise.

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