Lowe’s Cos. Chief Executive Robert Niblock will retire after 25 years with the company once a successor has been named, the home improvement retailer announced Monday. Niblock will continue in his role while the search, which has begun, is underway. Niblock was chairman and CEO for 13 of his 25 years with the company. Lowe’s shares are up 5.5% in premarket trading, but down nearly 10% for the year to date. The S&P 500 index is down 3.2% for 2018 so far.
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