There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. See Carol Meyrowitz's spouse, children, sibling and parent names. Ms. Meyrowitz has extensive experience as an off-price executive, having previously served as Senior Executive Vice President of TJX and President of The Marmaxx Group. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); She became Campbell's 12th leader in the company's 140-year history. Heather Bresch, from a clerk to the CEO of Mylan. She serves as a director of Amscan Holdings Inc. and Staples Inc. She's a member of The Boston Club's corporate advisory board, the board of governors for The Chief Executives' Club of Boston and the board of overseers for the Joslin Diabetes Center. [3] In the past Ms. Meyrowitz occupied the position of Chief Executive Officer for T.J. Maxx, Inc., President for The Marmaxx Group and Consultant at Berkshire Partners . In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. As of 2014 she was one of only 24 women who were CEOs of Fortune 500 companies. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. It's one blockbuster after another, with each new creation as gasp-inducing as the last. [6] She was appointed Chief Executive Officer of the company on January 28, 2007, replacing acting CEO Bernard Cammarata, the Chairman of the Board for TJX. TJX Companies' insider roster includes Zein Abdalla (Director), Rosemary Berkery (Director), Kenneth Canestrari (EVP), Scott Goldenberg (CFO), Louise Greenlees (Sr. EVP & Group Pres), Louise Greenlees (EVP), Ernie Herrman (CEO), Michael Hines (Director), Amy Lane (Director), Carol Meyrowitz (Chairman), Douglas Mizzi (Sr. EVP & Group Pres ), and Richard Sherr (EVP). TJX has perfected this concept with an outstanding record of success by building a strong trust and in a loyal customer base. Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. Her leadership in her company, and the retail industry, is a real achievement. CB Rank (Person) 248,260. Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. Renee also serves on the National Security Telecommunications Advisory Committee, which she formerly chaired. var p = 'https:' == document.location.protocol ? d.getElementById("contentad587938").appendChild(s); The NSTAC advises the President of the United States. She was previously Executive Vice President of the Chevron Corporation, where she spent 29 years and served as its Executive Vice President of Global Downstream. exitPopMobile: true, | 2 p.m. Learn More on TJX Companies' active insiders. The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. J.C. Penney hasnt had to release its finances since 2020. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide . You also have the option to opt-out of these cookies. Last updated: 11 April 2023 at 6:03pm EST. The most recent stock trade was executed by Louise Greenlees on 22 November 2022, trading 6,708 units of TJX stock currently worth $536,573. She is a mentor to her associates and a true visionary. Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. Get MarketBeat All Access Free for 30 Days. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. You may opt-out by. Peter Solomon, a leading investment banker to the retail industry for several decades, has called TJX the most under-appreciated retail company of the past 30 years. I expect sales to be close to $31 Billion at the end of fiscal 2015; a unique achievement considering the very slow holiday selling season. By clicking Accept, you consent to the use of ALL the cookies. Burns is mostly known for being the CEO of Xerox from 2009 to 2016, the first among black women to be a CEO of a Fortune 500 company, and the first woman to succeed another as head of a Fortune 500 company. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. Title. Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. She is formerly of The Home Depot, where she worked from 1995 to 2019, serving as Vice President and Treasurer and later as Executive Vice President and Chief Financial Officer. Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. (Photo by Jeff Schear/Getty Images for T.J. Maxx). This website uses cookies to improve your experience while you navigate through the website. She also serves on the board of directors of Microsoft and Spotify. The TJX International segment includes operations of T.K. Carol has been with the Company for 33 years and CEO for nine years, and a great deal of TJXs success is attributed to her leadership, strategic vision, and many contributions to our Company. Biography of Carol Meyrowitz. These cookies track visitors across websites and collect information to provide customized ads. "The TJX Companies, Inc. Names Carol Meyrowitz President", Jewish Voice New York: "The World's Most Powerful Jewish Women" By Jen Levey, "MEYROWITZ MOVING ON, HERRMAN MOVING UP AT TJX", "The TJX Companies, Inc. Ms Meyrowitz is 67, she's been the Exec. She retired from IBM on December 31, 2020, after a near-40 year career at IBM. I wish her continued success, good health and happiness in the New Year. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. Ben has put his heart and soul into this business, and I am delighted that he is remaining with us in an advisory role and we will continue to benefit from his extensive knowledge and experience. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Meyrowitz, 61, joined. var p = 'https:' == document.location.protocol ? Cookie. Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. Angela Jean Ahrendts, DBE is an American businesswoman who was previously the senior vice president of retail at Apple Inc. She was the CEO of Burberry from 2006 to 2014. Cinco De Mayo Is Only One Day, Yet Latino Consumers Deserve Attention All Year, Retail Alert: Philippines May Talk Trade As President Marcos Arrives In The USA, Gebr. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Meyrowitz commented, Ben Cammarata has helped grow TJX from its infancy to the nearly $30 billion company we are today, and he has been a mentor, partner and friend to me over many years. var s = d.createElement('script'); s.type='text/javascript';s.async=true; { Since Carol took over as president in 2005, and then CEO in 2007, revenues have grown from $17.4 billion to $29.1 Billion as of fiscal 2014. She has extensive experience as an off-price executive, having previously served as Senior Executive Vice President of TJX and President of The Marmaxx Group. Meyrowitz served as President of Marmaxx from 2001 to January 2005. Industry Colleagues. All Rights Reserved. She is the CEO of Oracle Corporation. Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. Nationality: American. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. Cammaratas experience in off-price retailing spans more than 40 years. Carol, eventually, became the companys CEO on 28th January 2007. Carol M. Meyrowitz is a Executive Chairman of the Board of The TJX Companies, Inc., Ms. Meyrowitz has been Executive Chairman of the Board since January 2016 and a director since September 2006. Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. In early 2015, the intelligent business woman marked a buzz by announcing the increment of minimum pay for hourly American retail workers to $9 per hour. Color has become the fresh fetish of the luxury watch industry. Public asset : 15,661,578 USD. She has been an executive at Oracle since April 1999, and a board member since 2001. + qs; The ambitious lady, Carol Meyrowitz became the company's president on 17th of October 2005 and by the end of 2006, she was announced the B.O.D. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. She additionally was Xerox's chairman from 2010 to 2017. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . Padmasree Warrior is an Indian-American businesswoman and technology executive. | 3 p.m. I look forward to continuing to work with Carol and the rest of our very talented organization as TJX continues on its path of profitable growth.. Meyrowitz seems to have instituted a savvy approach to its relationship with vendors, according to one of the few in-depth reports on the companyby Fortune magazine's Beth Kowitt. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. For several months in. In 2014 Forbes Magazine listed Ms. Meyrowitz as the 76th most powerful woman in the world. As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a high note. About Carol Meyrowitz. Ms. Carol M. Meyrowitz has been Chief Executive Officer of TJX Companies Inc., since January 28, 2007. Prior to that, Ms. Meyrowitz was President of The Marmaxx Group, the largest division of TJX, from January 2001 to January 2005, and was employed in an advisory role for . Rene J. James is an American technology executive, who was formerly the president of Intel. While the retailer plays hardball when it comes to buying from vendors, for example, it avoids some of the cutthroat practices that have emerged at other companies. Maxx stores in Australia. Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. One of the most robust businesswomen according to Fortune, Carol is a married woman. Carol Meyrowitz. The largest trade she's ever made was exercising 433,280 units of TJX Companies stock on 12 March 2019 worth over $14,133,594. I cover major developments in the retail industry. Last year's position: 14. Sign up for free Patch newsletters and alerts. Presently, Carol M. Meyrowitz occupies the position of Executive Chairman at The TJX Cos., Inc. Ms. Meyrowitz is also on the board of NewStore, Inc. After missing the playoffs for the first time in 17 years, the Pittsburgh Penguins have begun the search for a new management team after parting ways on Friday with GM Ron Hextall, team president Brian Burke and assistant GM Chris Pryor. Advisor. However, Carol has always remained silent when it comes to talking about the relationship with her husband. A graduate of Rider University, Carol Meyrowitz allied TJX in 1983 and by the year 2001, she was already Executive Vice President and Marmaxxs President. member. He will take the helm on January 31, 2016 as CEO. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. In previous roles, Ms. Meyrowitz served as President of TJX from October 2005 to January 2011, Senior Executive Vice President of TJX from 2004 until January 2005, Executive Vice President of TJX from 2001 to 2004, and President of Marmaxx from 2001 to January 2005. . Her successor is the current president Ernie Herrman. Maxx stores in Australia. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. Location Framingham, Massachusetts, United States. As of 22 November 2022 she still owns at least 209,390 units of TJX Companies stock. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", In honor of the beloved comedy legends upcoming 90th birthday, NBC has announced special, Carol Burnett: 90 Years of Laughter + Love. The cookie is used to store the user consent for the cookies in the category "Other. Learn More about insider trades at TJX Companies. id: "314129c3-ef90-45ee-91b6-57c31944f14e", Virginia Marie "Ginni" Rometty is an American business executive who served as executive chairman of IBM after stepping down as CEO on April 1, 2020. The 61-year-old Meyrowitz, who started at TJX in 1983, is set to step down on Jan. 31, the start of the company's next fiscal year. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. Location: US. This cookie is set by GDPR Cookie Consent plugin. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. But opting out of some of these cookies may affect your browsing experience. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. This chart shows Carol Meyrowitz's buying and selling at TJX Companies by year and by quarter. Successful at her career, is she a family person? TJX has surpassed Macys sales volume in fiscal 2014 and is sailing to new heights with strong momentum. She has served as a board member for UPS since 2003. After a year of that, she became BOD member. })(document); (function(d) { And she wants to pick up the pace: If all goes according to plan, the company's current chains will expand their store base by 50%, to upwards of 5,000 just in existing markets, while simultaneously making the push into online sales. Following the completion of the sale, the chairman now directly owns 209,390 shares of the company's stock, valued at $16,707,228.10. She serves as a director of Amscan Holdings Inc. and Staples Inc. She's a member of The Boston Club's corporate advisory board, the board of governors for The Chief Executives' Club of Boston and the board of overseers for the Joslin Diabetes Center. She has formerly served as the President and CEO of Archer Daniels Midland. I congratulate Carol Meyrowitz on her achievements as CEO of TJX Companies. After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. Most recently, Carol Meyrowitz sold 16,223 shares of the business's stock in a transaction on Tuesday, November 22nd. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. [2]. She was appointed as the vice chairman in January 2011, after which she was named by Fortune Magazine, as the 10th woman on their list of "50 Most Powerful Women in Business", a list on which she has been included since 2008. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. Shenotoriously keeps information about the retailers approach and plans close to the vest. The estimated net worth of Carol Meyrowitz is at least $15.82 million as of November 22nd, 2022. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" Over the last 20 years, insiders at TJX Companies have traded over $220,061,100 worth of TJX Companies stock and bought 74,079 units worth $4,390,499 . In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled.
