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. 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. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. var p = 'https:' == document.location.protocol ? Maxx stores in Australia. [5], Meyrowitz joined TJX Companies in 1983. Most recently, Carol Meyrowitz sold 16,223 shares of the business's stock in a transaction on Tuesday, November 22nd. 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. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Safra Ada Catz is an American billionaire banker and technology executive. He points to Ben Cammarata and Carol Meyrowitz as the visionaries that have led this growth company beyond what most thought was possible for an off price concept. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. She lives in Lincoln, Massachusetts. 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. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide, announced Bernard (Ben) Cammarata has decided to retire as Chair of the Board of The TJX Companies, after nearly 40 years of service to the Company. 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. CB Rank (Person) 248,260. The cookie is used to store the user consent for the cookies in the category "Analytics". That is quite an achievement. 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. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. 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. 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. 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. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. Insiders trading at TJX Companies. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. 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. These cookies ensure basic functionalities and security features of the website, anonymously. 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. She became Campbell's 12th leader in the company's 140-year history. This website uses cookies to improve your experience while you navigate through the website. 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. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's . Her leadership in her company, and the retail industry, is a real achievement. 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Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading offprice retailer in the United States. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. Join thousands of other investors who make better investing decisions with our premium tools. Currently, she is the founder and CEO of Fable, a curated reading platform focused on mental wellness. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. 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.. She is the former CEO of Avon Products and former vice chairman and member of the office of the chairman of Johnson & Johnson, where she was responsible for the pharmaceutical and consumer business divisions of the company. Get MarketBeat All Access Free for 30 Days. Bachelor of Arts/Science, Rider University. Learn More on Carol Meyrowitz's salary. (Photo by Jeff Schear/Getty Images for T.J. Maxx). In the past Ms. Meyrowitz occupied the position of . She served as Chairman of the Board from June 2015 to January 2016 and as Chief Executive Officer of TJX from January 2007 to January 2016. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. ET, Webinar Heather Bresch, from a clerk to the CEO of Mylan. 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). Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company from 2011 through 2018. On Thursday, Marty Walsh met with the media for the first time in his new role as executive director of the NHL Players' Association. Columbia . I congratulate Carol Meyrowitz on her achievements as CEO of TJX Companies. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Learn More about insider trades at TJX Companies. 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 cookie is used to store the user consent for the cookies in the category "Performance". 'https' : 'http'; Public records for Carol Meyrowitz, 69 years old. "It's almost the 'aha.' She made $31 million in her final year at PepsiCo in 2017. 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. Opinions expressed by Forbes Contributors are their own. Learn More on Carol Meyrowitz's trading history. 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. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. This cookie is set by GDPR Cookie Consent plugin. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. Possible relatives for Carol Meyrowitz include Danielle Debairos, Ariel Debairos, John Debairos and several others. There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. Heather Bresch, from a clerk to the CEO of Mylan. Trusted information source for millions of people worldwide . d.getElementById("contentad587938").appendChild(s); 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. She serves on the boards of several organizations. While general manager of IBM's global services division, in 2002 she helped negotiate IBM's purchase of PricewaterhouseCoopers' IT consulting business, becoming known for her work integrating the two companies. 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. Industry Colleagues. Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. 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. "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. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. exitPopMobile: true, Sign up for free Patch newsletters and alerts. 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. It isn't just one major introduction. Chairman of TJX Companies since . Ms. Meyrowitz has a vision. 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. Chairman at TJX Companies. The TJX Canada segment operates the Winners, Marshalls, and HomeSense chains in Canada. id: "314129c3-ef90-45ee-91b6-57c31944f14e", Heres how the retailer is doing. Framingham State Student Newspaper Honored With SPJ Awards, Framingham State Names Next Dean of the College of Arts & Humanities, The Framingham Mayor's Sparse FY24 Budget Submission, Book Talk with Pulitzer Prize Winner Erin I. Kelly and Patsy Rembert, Electronics Recycling and Document Shredding Event, Indigenous People, Solar Power, and the Future of Climate Change. Carol B. Tom is an American business executive who is currently the Chief Executive Officer of United Parcel Service (UPS). In February 2012, she resigned her employment with Johnson & Johnson after 30 years and was subsequently named as the CEO of Avon Products. Cammarata, 75,has been Chair of the Board of TJX since 1999. These include 1,271 T.J. Maxx, 1,131 Marshalls, 821 HomeGoods, 48 Sierra, and 34 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 280 Winners, 143 HomeSense, and 102 Marshalls stores in Canada; 602 T.K. Trusted by millions of genealogists since 2003. Awards of Carol Meyrowitz, birthday, children and many other facts. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. wid: "480652", [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. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. His retirement will be effective on the date of the Companys next annual meeting of stockholders, June 11, 2015. member. Patricia Ann Woertz,, is a retired American businesswoman. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022.. 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 And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. I wish her continued success, good health and happiness in the New Year. 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 Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: Carol Meyrowitz", https://en.wikipedia.org/w/index.php?title=Carol_Meyrowitz&oldid=1113745514, Articles with dead external links from January 2022, Articles with dead external links from September 2010, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 October 2022, at 02:09. The most recent insider tranaction occured on November, 22nd when Chairman Carol Meyrowitz sold 16,223 shares worth more than $1,294,433.17. On October 16, 2018, the Tufts Financial Network and the Institute for Business in the Global Context hosted Carol Meyrowitz, Executive Chairman of the Board, TJX Companies, Inc. for a fireside chat at Tufts on the Medford/Somerville Campus. Maxx and Homesense chains in Europe and the T.K. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Since Meyrowitz took charge in 2007, the company's $16 billion in revenue has grown to some $27 billion, while $690 million in profits has tripled to $2.1 billion. + qs; Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . [3] Nationality: American. In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. 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. Regions Greater Boston Area, East Coast, New England. Biography of Carol Meyrowitz. Resides in Cambridge, MA Metropolitan Area. Herrman is a long time member of the TJX team having led the Marshall division for many years. 'https' : 'http'; Age: 57. Its buyers are among the savviest in the business, the magazine found, staying on top of trends and moving inventory quickly. Bonnie Hammer is an American network and studio executive. They sold a total of 289,430 shares worth more than $19,199,626.62. The result has been an enviable level of success in a tough retail environment. 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. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. 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. [1][6] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. 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. Sector: General retailers. Successful at her career, is she a family person? Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. The company was founded by Bernard Cammarata in 1976 and is headquartered in Framingham, MA. Ilene S. Gordon is an American business executive. The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. Carol Meyrowitz likes to operate TJX under the radar, but unparalleled success has made it harder for the $27.4 billion off-price powerhouse to escape the limelight. Cookie. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Rolex has pulled out all the creative stops in its 2023 collection, which it introduced two weeks ago at the Watches and Wonders trade fair in Geneva. Padmasree Warrior is an Indian-American businesswoman and technology executive. By clicking Accept, you consent to the use of ALL the cookies. Carol M. Meyrowitz is the Exec. She retired as executive chairman and a board member effective March 1, 2021. I have great confidence that together with the Board of Directors, our deep bench of senior executives, and all of our Associates at TJX, we will continue our successful growth into the future as a global, value retailer., Cammarata said in a press release, Having founded this business nearly four decades ago and after serving as its Chairman of the Board for 17 years, I couldnt be more convinced that Carol Meyrowitz is the right person to lead our Board of Directors into the future. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes . 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. From January 2005 until October 2005, she was employed in an advisory role for TJX and consulted for Berkshire Partners LLC, a private equity firm. 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. The estimated net worth of Carol Meyrowitz is at least $15.82 million as of November 22nd, 2022. Morrison retired from Campbell in May 2018. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. Country of residence : Unknown. Ms. Meyrowitz was President of TJX from October 2005 to January 2011. [7], However, Meyrowitz became president on October 17, 2005; [1] additionally, she became a member of the board of directors on September 7, 2006. In the third change of management at a major retailer revealed on Wednesday, TJX named Ernie Herrman as its next chief executive officer, succeeding Carol Meyrowitz, who will remain executive. 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 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. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Ernie Herrman, who was named president of the company in 2011 . '", Get the free daily newsletter read by industry experts. The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. However, Carol has always remained silent when it comes to talking about the relationship with her husband. Her professional journey is clearly known to all people. Sherilyn S. McCoy is an American scientist and business executive. She founded Ampere Computing in October 2017, is currently its Chairman and CEO. 20,362 executive movements have been recorded in the last 12 months. . But opting out of some of these cookies may affect your browsing experience. For several months in 2005, she was employed in an advisory role for TJX and consulted for Berkshire Partners L.L.C., a private equity firm based in Boston. At TJX Companies, Carol Meyrowitz has 56 colleagues including Ernie Herrman (CEO), Jose Alvarez (Director) . Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. TJX Companies executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. Meyrowitz, 61, joined. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. Necessary cookies are absolutely essential for the website to function properly. They think, 'Why would I buy at this price when I can buy at a lot less? Real-Time Leadership Lessons with Carol Kauffman and David Noble I recently met with Carol Kauffman, co-author with David Noble of Real-Time Leadership: Find Your Winning Moves When the Stakes Are High. She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. 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 . Insiders at TJX Companies own 0.2% of the company. All Rights Reserved. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. With the exception of Ms. Meyrowitz, the retail industry is largely void of dynamic leadership. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. Often considered as one of the most powerful women in the world, Carol is mostly known for her work experience as CEO of TJX Companies. The talented lady then became Berkshire Partners and TJXs advisor. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. Hermann will retain both titles, president and CEO. TJX has surpassed Macys sales volume in fiscal 2014 and is sailing to new heights with strong momentum. 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. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J . 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. As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. { var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); 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. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. Last year, Moodys Investors Service released a report noting stellar performance by off-price retailers T.J. Maxx, Ross, and Burlington, and predicted steady growth of 6% to 8% for them in the next five years quite above the 4% predicted for the rest of retail. 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. 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. Renee also serves on the National Security Telecommunications Advisory Committee, which she formerly chaired. Ahrendts left Burberry to join Apple in 2014. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. He says, many retailers have embraced the off-price concept. 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. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . (function(d) { Last updated: 1 April 2023 at 11:00am EST. Likewise, she has never spoken about her children.While any information about her children is still missing, some sources have stated that she is a mother of two. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" As of 2020, her title is vice-chairman, NBCUniversal. "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview.
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