Lowe’s Companies has named Marshall Croom to the newly created position of senior vice president and chief risk officer, effective Jan. 31.

In this capacity, Croom will provide oversight and direction for the management of enterprise risk, workers’ compensation, loss prevention, safety, internal audit, and quality assurance for the $48.2 billion home improvement chain.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...