Marvin Ellison net worth and wage: Marvin Ellison is an American businessman who has a net worth of $30 million. He is finest identified for being the president and CEO of Lowe’s. In a given yr, Marvin’s base wage is $1.45 million. His whole compensation sometimes tops $11-15 million with bonuses, inventory awards and different perks.
Marvin Ellison graduated from the University of Memphis and earned his MBA from Emory University. He joined Lowe’s in 2018 and served as president and chief govt officer. Ellison was the CEO of J.C. Penney beginning in 2015 after he joined the corporate in 2014. Marvin Ellison labored as an govt at Home Depot from 2002 to 2014. From 1997 to 2002 he labored for Target Corporation. He has additionally served as unbiased director of FedEx and H&R Block. In 2016 he was named as one among 5 African American CEOs on the Fortune 500 biggest leaders record. Ellison was a part of a bunch of executives that met with President Trump in 2017 and said that he believed a border adjustment tax would make it troublesome for J.C. Penney to be worthwhile.
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