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Lowe's

Corporate venture capital for home-improvement tech

Director Product Management - Lowe's Media Network

Full-Time
No salary listed
Expert
Bachelor's, Master's
Charlotte, NC, USA
In Person

About the job

Requirements
  • A bachelor's degree in business, marketing, engineering, communications, or a related field, or equivalent experience.
  • 10 years of experience in at least two of the following: project management, product management, business analysis, program management, experimentation, or product marketing.
  • 6 years of experience working with technology and user experience teams to define, scope, and prioritize product requirements; translate business strategy into product features; and deliver digital products or experiences.
  • 5 years of direct team leadership experience and experience managing operational or project financial budgets.
  • 3 years of experience in an agile software environment.
  • Demonstrated experience working cross-functionally in a large organization with senior leadership and providing guidance and direction to cross-functional resources.
Responsibilities
  • Set and direct product vision, strategy, and objectives and key results for the entire product portfolio, including the long-term two- to five-year product vision for the portfolio or strategic capability.
  • Influence investment choices supporting the product vision, own annual planning for the product portfolio, and represent the strategy in discussions with leadership and executive stakeholders.
  • Demonstrate customer and user expertise within a product portfolio or strategic capability and leverage enterprise-wide resources to improve synergies and efficiencies across product teams.
  • Coach and own the management of jobs to be done by personas for all products within the product portfolio or strategic capability.
  • Identify and cultivate innovation opportunities across the product portfolio.
  • Identify issues and blockers that may delay product launches or impede product success, communicate them to leadership, assess alternatives, and act on recommendations.
  • Establish and audit product operating routines across the domain to ensure product excellence.
  • Coach the product team on prioritization techniques and influence peers to improve prioritization decisions for product delivery.
  • Set standards across the product team and enterprise for building usable, viable, and feasible products.
  • Build product marketing frameworks and patterns across the product team and drive use of marketing techniques to demonstrate product-market fit for the designated product domain.
  • Promote data-driven decision-making and coach the product team to use data-focused routines to guide roadmaps.
  • Align product teams on portfolio-level metrics and audit and correct course to ensure objectives and key results and metrics remain healthy.
  • Lead a team in support of the company mission, manage performance, and foster an inclusive environment that helps associates achieve their potential.
Desired Qualifications
  • Retail Media Network experience.
  • A master's degree in business administration or a similar advanced degree, or equivalent experience.
  • 3 years of experience leading the digital product roadmap.
  • Prior leadership experience with a top 25 omnichannel retailer.
  • Strong financial acumen.
  • Certified Scrum Product Owner certification.

About the company

Lowe's Ventures is the corporate venture capital arm of Lowe's Companies, Inc. It invests in early-stage startups building technologies for home improvement and construction, focusing on e-commerce, supply chain, and in-store tech. It combines funding with access to Lowe's resources, offering executive mentorship and opportunities to pilot products in Lowe's stores. Unlike funds that only provide capital, Lowe's Ventures provides strategic support, real-world pilots, and access to Lowe's customer base to help both the retailer and startups grow.

Company Size

10,001+

Company Stage

IPO

Headquarters

Mooresville, North Carolina

Founded

1946

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Simplify's Take

What believers are saying

  • August 2026 revenue rose 8.3% to $25.96 billion despite flat comparable sales.
  • September 2026 skilled-trades coalition with NVIDIA, AT&T, and GM strengthens employer brand.
  • August 2026 management kept buying strategic growth platforms, expanding jobsite delivery and digital tools.

What critics are saying

  • February 2026 layoffs cut 600 corporate roles, signaling heavier restructuring ahead.
  • August 2026 guidance was cut to flat comps and $12.25 EPS, pressuring valuation.
  • If pro demand weakens, Lowe's debt-funded FBM and ADG bets become a balance-sheet trap.

What makes Lowe's unique

  • Lowe's owns the best pro-plus-DIY distribution network after FBM and ADG, August 2026.
  • Its RELEX and Accenture rollout automates replenishment across stores, DCs, and merchandising, March 2026.
  • Lowe's Foundation deepens trades training relationships with 73 partners across 30 states, September 2026.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Performance Bonus

Company News

PR Newswire
Sep 24th, 2026
Lowe's launches drone delivery in 20 minutes for DIY essentials in North Carolina pilot

Lowe's has launched drone delivery at its Matthews, North Carolina store, becoming the first home improvement retailer to offer the service. The pilot programme, conducted in partnership with Wing and DoorDash, delivers select items in as fast as 20 minutes. Customers can order through the DoorDash app, selecting from eligible products including hand tools, paint supplies, and household essentials. Wing drones currently transport orders weighing approximately 2.5 pounds per flight. The service addresses a common problem for DIY and professional customers who forget supplies mid-project. It joins Lowe's existing same-day fulfilment options, including buy online, pick up in store and curbside pickup. The initiative builds on Lowe's broader technology investments, including Mylow, its AI assistant that has answered more than 25 million customer questions since launching in 2025.

Yahoo Finance
Sep 15th, 2026
Lowe's expects steady H2 as homeowners shift to smaller projects amid high rates

Lowe's anticipates a steady second half of the year as elevated interest rates and economic uncertainty prompt homeowners to favour smaller projects over major renovations. Chairman and CEO Marvin Ellison stated the company aims to grow market share despite challenging conditions, citing five consecutive quarters of positive comparable sales growth. Digital sales increased over 15% in the past two quarters, supported by store-based fulfilment and the company's Mylow AI tool. The retailer's core customers, with average household incomes above $100,000, are becoming more cautious about large discretionary purchases. Acquisitions of ADG and FBM are expanding Lowe's construction and interior solutions business, including commercial projects and data centres. The company plans to prioritise debt reduction toward a 2.75-times leverage ratio before potentially resuming share repurchases.

Yahoo Finance
Sep 10th, 2026
Lowe's earnings per share up 5.2% over three years despite revenue shrinking 1% annually

Lowe's Companies shares trade at $198, down 26% over the past year, as the retailer navigates a cautious DIY customer base and weak housing market. Despite revenue shrinking at 1% annually over three years, earnings per share grew at 5.2% through expense discipline and share buybacks. The company generated $3.1bn in free cash flow in fiscal Q2 2026 after $542m in capital expenditures. Online sales grew 15.7%, supported by Mylow, an AI shopping agent whose users convert at triple the rate of other shoppers. Comparable transactions fell 2.1% in the quarter. Management lowered fiscal 2026 sales guidance to approximately $92bn with roughly flat comparable sales and expects Q3 adjusted earnings per share to fall about 7% year-over-year.

Yahoo Finance
Aug 27th, 2026
Target raises dividend to $1.16, Lowe's to $1.25 as retailers defend payout streaks

Target raised its quarterly dividend to $1.16 from $1.14, whilst Lowe's increased its payout to $1.25 from $1.20. Both retailers reported second-quarter results on 19 August 2026. Target's increase follows a period of flat dividends and comes after a tariff refund boosted quarterly earnings. The company yields 2.8% and paid $518 million in dividends during the quarter. Chief financial officer Jim Lee stated the firm prioritises business investment first, dividends second, and buybacks last. Lowe's generated $3.1 billion in free cash flow against $673 million in dividends. However, the company faces balance sheet challenges, with negative shareholders' equity of $7.44 billion and debt-to-EBITDA of 3.0 times following recent acquisitions. Management aims to reduce leverage to 2.75 times by mid-2027. Lowe's yields 2.4%.

Yahoo Finance
Aug 21st, 2026
Major US retailers pocket $5B in tariff refunds as Walmart gets $2.9B, Target $994M, but shoppers see little benefit

Major US retailers have received over $5 billion in tariff refunds this week alone, with Walmart getting $2.9 billion, Target $994 million, and Home Depot $730 million. The Trump administration is refunding approximately $166 billion in tariff revenue after the Supreme Court struck down its sweeping tariff policy, having returned $100 billion so far. Despite studies showing consumers bore the brunt of initial tariff costs through higher prices, most companies are reinvesting the refunds rather than passing savings to shoppers. Retail executives indicated in earnings calls they plan to put the money back into their businesses. Consumers have filed class-action lawsuits against companies receiving refunds, but none have concluded. Americans have limited recourse to recover funds if companies don't voluntarily lower prices.