After a wildly successful nine-year stint at the helm of TJX Cos (TJX) that saw the parent company of T.J . Learn More on TJX Companies' active insiders. + qs; In the past Ms. Meyrowitz occupied the position of . Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. Profit rose from $777 million to $2.2 billion. Also Known As Carol M. Meyrowitz. Last updated: 11 April 2023 at 6:03pm EST. "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. 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TJX Companies can also be reached via phone at (508) 390-1000 and via email at [emailprotected] Learn More on Carol Meyrowitz's contact information. Information on this page was last updated on 11/22/2022. 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. Fresh off a silver-medal peformance at the 2023 Women's World Championship, Sarah Nurse is using her expert eye to judge hockey hair as she enjoys some well-deserved downtime. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. 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. 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. The result has been an enviable level of success in a tough retail environment. var params = Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. She serves as a director of Amscan Holdings Inc. and . By clicking Accept, you consent to the use of ALL the cookies. This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. 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. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. 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. He says, many retailers have embraced the off-price concept. These cookies track visitors across websites and collect information to provide customized ads. Here, Rolex Testimonees Jack Nicklaus, Tiger Woods and Scottie Scheffler talk golf and Rolex. 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. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", This cookie is set by GDPR Cookie Consent plugin. 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. Necessary cookies are absolutely essential for the website to function properly. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" From 1983 to 2001, Ms. Meyrowitz held various senior management and merchandising positions with Marmaxx and with Chadwicks of Boston and Hit or Miss, former divisions of TJX. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Here's What Framingham Moms Really Want For Mother's Day! Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. [5], Meyrowitz joined TJX Companies in 1983. In March 2004, she gripped the responsibility of Senior Executive Vice President. I congratulate Carol Meyrowitz on her achievements as CEO of TJX Companies. Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Shell serve as executive chairman for at least three years after she steps down. 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. Color has become the fresh fetish of the luxury watch industry. Profit rose from $777 million to $2.2 billion. Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: Carol Meyrowitz". At that time she will become the executive chairman of the board and will remain an active executive with the company for the next three years. wid: "480652", Heather Bresch, from a clerk to the CEO of Mylan. Learn More on Carol Meyrowitz's salary. Columbia University Professor Mark Cohen, a former CEO of a major US retailer, commented on TJXs sustainable growth in face of growing off-price competition. Ernie Herrman, who was named president of the company in 2011 . Susan M. Cameron is an American businessperson who is the former chairman, president, and CEO of Reynolds American, Inc. Susan E. Arnold is an American business executive; she is the chair of The Walt Disney Company. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989. [3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. . TJX CEO CarolMeyrowitz is an industry veteran from a retail family that has been with the company for some 30 years. Ms Meyrowitz is 67, she's been the Exec. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. Last year's position: 14. Ahrendts was ranked 25th in Forbes' 2015 list of the most powerful women in the world, 9th most powerful woman in the U.K. in the BBC Radio 4 Woman's Hour 100 Power List, and 29th in Fortune's 2014 list of the world's most powerful women in business. This cookie is set by GDPR Cookie Consent plugin. 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. The Board intends to elect Carol Meyrowitz, Chief Executive Officer of TJX since 2007 and a Director of the Board since 2006, to the additional position of Chair of the Board immediately following Cammaratas retirement at the annual meeting. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. Subscribe to Retail Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Revionics named a Leader in the IDC MarketScape for Retail Price Optimization Solutions, Authenticity is now a key new driver of revenue and loyalty for U.S. shoppers, FRAYT Raises $7 Million, Brings Last-mile On-demand Delivery to Over 50 Major U.S. Markets, By signing up to receive our newsletter, you agree to our, Meyrowitz seems to have instituted a savvy approach to its relationship with vendors, according to one of the few, "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz, Webinar With winners from both Canada and the U.S. for the first time this year, public voting is now open for the NHL's 2023 Willie O'Ree Community Hero Award. The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. Learn More about Carol Meyrowitz's net worth. var s = d.createElement('script'); s.type='text/javascript';s.async=true; An NHL goaltender whose career was derailed by mental health challenges, Corey Hirsch is now making saves of a different kind in his new role as an advocate for mental health education. "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview. ET, Webinar Regions Greater Boston Area, East Coast, New England. exitPopMobile: true, The cookie is used to store the user consent for the cookies in the category "Analytics". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. CB Rank (Person) 248,260. Location: US. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. The TJX Cos., Inc. engages in the retail of apparel and home fashion products. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. Chairman at TJX Companies. Trusted by millions of genealogists since 2003. She is a mentor to her associates and a true visionary. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. They sold a total of 289,430 shares worth more than $19,199,626.62. 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. (Photo by Jeff Schear/Getty Images for T.J. Maxx). [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes . [7], However, Meyrowitz became president on October 17, 2005;[1] additionally, she became a member of the board of directors on September 7, 2006. After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. Ms. Carol M. Meyrowitz has been Chief Executive Officer of TJX Companies Inc., since January 28, 2007. T.J. Maxx and Marshalls together constitute The Marmaxx Group, which last year was responsible for $18.69 million in revenues, or nearly 65 percent of the company's total. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); (function(d) { Brenda Czajka Barnes was an American businesswoman who served as president, chairman and chief executive of Sara Lee, and was the first female CEO at PepsiCo. Meyrowitz, 61, joined. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. member. And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. This cookie is set by GDPR Cookie Consent plugin. As of January 30, 2021, the end of the Company's fiscal year, the Company operated a total of 4,572 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and four e-commerce sites. The HomeGoods segment offers an assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids, and gourmet food departments. }; Insiders at TJX Companies own 0.2% of the company. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. These cookies will be stored in your browser only with your consent. Meyrowitz, 61, who joined the Company in 1983, has been Chief Executive Officer of TJX since January 2007, a Director since September 2006, and also served as President from October 2005 to January 2011.