Lowe's Chief Market Officer Leaves After 14 Months In The Position

Lowe's Companies said Monday its chief marketing officer, Marci Grebstein, has left the company, after 14 months in the position. The home improvement retailer named Jocelyn Wong as chief marketing officer, effective immediately. Wong joined Lowe's in September 2015, after a stint as chief marketing officer at Family Dollar. Grebstein had replaced Thomas Lamb as CMO in November 2015, after joining the company earlier that year. Lowe's stock has gained 1.3% over the past 12 months, while the shares of its chief rival Home Depot Inc. have rallied 10% and the S&P 500 has run up 19%.