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Strickland joined Lowe’s in 1957 as its seventh employee. He went on to serve as the board chairman, retiring in 1998. Robert L. Strickland has been a director of Krispy Kreme Doughnuts, Inc since November 1998 and was elected Vice Chairman of the Board of Directors in January 2005. Mr. Strickland retired in 1998 as Chairman of the Board of Directors of Lowe's Companies, Inc., a home improvement retailer, after 41 years of service with Lowe's, and is now Chairman Emeritus. Mr. Strickland was a member of the Board of Directors of T. Rowe Price Associates, an investment management firm, until 2001, and a member of the Board of Directors of Hannaford Bros. Co., a supermarket company, until 2001. Mr. Strickland was Deputy Chairman of the Board of the Federal Reserve Bank of Richmond from 1996 to 1998. Strickland has long been an advocate of public service. He served in the N.C. General Assembly from 1961-63 and was a founding trustee at Wilkes Community College in 1965. Strickland also served on the board of trustees at UNC-Chapel Hill from 1987-1995.
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