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Lowe’s promotes Reeves to senior VP

BY HBSDEALER Staff

Lowe’s Cos. promoted M. Lee Reeves to senior VP, deputy general counsel and assistant secretary. Reeves will continue to report to Gaither M. Keener, executive VP, general counsel, secretary and chief compliance officer.

In his new role, Reeves’ responsibilities include leading the corporate transactions, intellectual property and information technology legal teams.

Reeves joined Lowe’s in 2004 as senior counsel, after serving as a member of a private law firm. Reeves earned a bachelor of business administration degree in finance from Southern Methodist University where he also received his doctorate of jurisprudence.

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Industry Dashboard for July 25, 2011

BY HBSDEALER Staff

Housing starts begin heading in the right direction, while existing-home sales show a slight decline. Also, gas prices are about a dollar higher than last year.

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Recall issued on surface cleaner attachment

BY HBSDealer Staff

According to the Consumer Product Safety Commission and Homelite Consumer Products, the 15-in. Homelite Surface Cleaner attachment for pressure washers can break, causing a laceration hazard. 

According to a notice on the Homelite website, "The nozzle can detach from the spray bar and eject from the product housing, posing a laceration hazard to consumers." Only the 15-in. single walled surface cleaner attachments with hexagonal brass colored nozzles are affected by the voluntary recall.

The firm has received nine reports of incidents involving the recalled surface cleaner attachments, including one laceration injury and three reports of minor property damage, according to the CPSC. 

Homelite is based in Anderson, S.C. The products were manufactured in China and sold exclusively at Home Depot stores. 

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