Bob Ihrie, senior vice president, employee rewards and services, Lowe's Companies, Inc.

September 1, 2008

Lowe's is the first mega-employer to adopt event-rate measurement, which is being

Bob Ihrie
Senior Vice President, Employee Rewards and Services
Lowe's Companies, Inc.
Mooresville, N.C.

Lowe's is the first mega-employer to adopt event-rate based measurement, which is being used to streamline and optimize DM spending to address the specific needs of its workforce.

Lowe's relies on its two third-party administrator's DM programs for pregnancy. If pregnant women sign up for the programs in the first 24 weeks, take the screening questionnaire and participate in a program, their newborn deductible (either $500 or $750, depending on the plan) is waived. Just under half of the pregnant women eligible for the programs are enrolled.

Prior to joining Lowe's, Ihrie worked for Payless Shoe Source in a variety of human resources capacities. He serves as secretary of Lowe's compensation and organization committee of the board of directors and is a board member of the National Business Group on Health. He graduated Phi Beta Kappa from Haverford College, and earned an MBA from Harvard University and his law degree from Temple University.