Lowe’s Creates New Chief Risk Officer Position

Lowe’s Companies has named Marshall Croom to the newly created position of senior vice president and chief risk officer, effective Jan. 31.

In this capacity, Croom will provide oversight and direction for the management of enterprise risk, workers’ compensation, loss prevention, safety, internal audit, and quality assurance for the $48.2 billion home improvement chain.

He most recently was the chain’s senior vice president of merchandising and store support. Croom’s experience at Lowe’s also includes stints as senior vice president of finance, treasurer, and assistant treasurer.