Lowe's seeks 2 senior executives

NEW YORK -- Lowe's is seeking to hire two senior level executives that could play a role in its CEO succession plan.

The No. 2 home improvement retailer is looking for a chief merchandising officer and a head of supply chain, two positions left vacant since Lowe's reorganized in May.

Lowe's spokeswoman Chris Ahearn said the company is looking both internally and externally and the people they hire for the roles will likely be in the pool of candidates considered when the company chooses a successor for CEO Robert Niblock.

But she says a report in The Wall Street Journal that the company is seeking to hire a chief merchant who would replace Niblock within three years is incorrect. She says there have been no discussions about Niblock retiring or a three-year timeline.