Cookie. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's . Hermann will retain both titles, president and CEO. Learn More on TJX Companies' active insiders. Enter your email address below to get our daily insider buying and selling report. It was very easy to select my pick for 2015 Retailer of the Year. 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). })(document); (function(d) { Language links are at the top of the page across from the title. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. Industry Colleagues. Carol M. Meyrowitz is the Exec. She retired from IBM on December 31, 2020, after a near-40 year career at IBM. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. These cookies track visitors across websites and collect information to provide customized ads. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. Heather Bresch, from a clerk to the CEO of Mylan. Low-profile and high-impact continue to define the career of Carol Meyrowitz. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. Watches and Wonders, the watch fair that has replaced Baselworld as the event of the year in the Swiss luxury watch calendar, wrapped up a banner year on the weekend. All Rights Reserved. member. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. Get notified the next time Carol Meyrowitz buys or sells TJX Companies stock. In fiscal 2013, the company's revenues and profits both rose by double digits. This website uses cookies to improve your experience while you navigate through the website. 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. The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. 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. 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. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. This cookie is set by GDPR Cookie Consent plugin. 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 Learn More about Carol Meyrowitz's net worth. Create a free family tree for yourself or for Carol Meyrowitz and we'll search for valuable new information . Learn More on Carol Meyrowitz's salary. + qs; She lives in Lincoln, Massachusetts. 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. In 2014 Forbes Magazine listed Ms. Meyrowitz as the 76th most powerful woman in the world. 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. She has also not shared any information regarding children and its hard to predict is she has any. Herrman is a long time member of the TJX team having led the Marshall division for many years. 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. 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Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. They think, 'Why would I buy at this price when I can buy at a lot less? The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. | 3 p.m. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. 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. The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. Learn More about insider trades at TJX Companies. "It's almost the 'aha.' Biography of Carol Meyrowitz. 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. Ernie Herrman, who was named president of the company in 2011 . 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. 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. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. The result has been an enviable level of success in a tough retail environment. At TJX Companies, Carol Meyrowitz has 56 colleagues including Ernie Herrman (CEO), Jose Alvarez (Director) . "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview. 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. Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. 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. Location: US. Ms. Meyrowitz owns over 16,223 units of TJX Companies stock worth over $16,331,373 and over the last 20 years she sold TJX stock worth over $90,361,886. [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. 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 TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Meyrowitz has worked at TJX since 1983 and has been CEO for the past nine years. Ms. Meyrowitz was President of TJX from October 2005 to January 2011. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. As the Exec. She retired from the position in 2017. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. Insiders trading at TJX Companies. T.J. Maxx seems to have a fast-fashion-esque approach to moving merchandise. As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. The estimated net worth of Carol Meyrowitz is at least $15.82 million as of November 22nd, 2022. 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. These cookies will be stored in your browser only with your consent. cb: (new Date()).getTime() They sold a total of 289,430 shares worth more than $19,199,626.62. Morrison retired from Campbell in May 2018. 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. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. (function(d) { Nationality: American. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. Title. Former employees say that the stuff moves so rapidly that merchandise is often sold before TJX has paid its vendors for it, writes Kowitt. Resides in Cambridge, MA Metropolitan Area. She has served as a board member for UPS since 2003. Ms Meyrowitz is 67, she's been the Exec. 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. In fiscal 2013, the company's revenues and profits both rose by double digits. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. id: "314129c3-ef90-45ee-91b6-57c31944f14e", "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. Carol Meyrowitz for nine years led the parent company of T.J. Maxx, Marshalls, and HomeGoods, during which time sales soared 67 percent. 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. [2]. This chart shows Carol Meyrowitz's buying and selling at TJX Companies by year and by quarter. 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. There are 4 older and 15 younger executives at TJX Companies. Analytical cookies are used to understand how visitors interact with the website. Learn More on Carol Meyrowitz's contact information. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Maxx stores in Australia. Learn More about Carol Meyrowitz's net worth. Meyrowitz has served as Chief Executive Officer of The TJX Companies, Inc., a retailer of apparel and home fashions, since 2007 and has been a director of TJX since . Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. Meyerowitz (disambiguation) This page was last edited on 11 December 2019, at 04:22 . Bachelor of Arts/Science, Rider University. Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. However, few knows about her personal life. In August 2012, she was recognized as the 39th most powerful woman in the world by Forbes Magazine. Even now as she prepares to exit, she sees a near term goal of $40 Billion in worldwide sales for the company, and has a plan for how to get there. [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 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 LLC. Public asset : 15,661,578 USD. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. Information on this page was last updated on 11/22/2022. 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. Here, Rolex Testimonees Jack Nicklaus, Tiger Woods and Scottie Scheffler talk golf and Rolex. Meyrowitz, 61, joined. That is, several upscale brands like Coach, Michael Kors, Ralph Lauren, and Nanette Lepore all brands found at T.J. Maxx wont speak aboutwhether they sell to T.J. Maxx. 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. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. Last updated: 11 April 2023 at 6:03pm EST. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. [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. Advisor. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. Sherilyn S. McCoy is an American scientist and business executive. 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. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. var params = Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. What is well known, however, is that TJX Cos. has muscled through the down economy, capturing the attention anddollars of people in need of a bargain. 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. 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. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022.. You can see the complete history of Ms. Meyrowitz stock trades at the bottom of the page. Ms. Meyrowitz serves as Chief Executive Officer of T.J. Maxx, Inc. She served as Advisor of Berkshire Partners, LLC. 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. She is the CEO of Oracle Corporation. 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. It isn't just one major introduction. "It's a very important part of our relationship.. 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. 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. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. Announces Management Changes. She became Campbell's 12th leader in the company's 140-year history. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes.[2]. Regions Greater Boston Area, East Coast, New England. Join thousands of other investors who make better investing decisions with our premium tools. Shell serve as executive chairman for at least three years after she steps down. 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. About Carol Meyrowitz. Maxx stores in Australia. Profit rose from $777 million to $2.2 billion. 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. Her leadership in her company, and the retail industry, is a real achievement. He also previously served as Chair of The Marmaxx Group, the Companys largest division. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. Prior to becoming president and CEO in January 2012, she first joined IBM as a systems engineer in 1981 and subsequently headed global sales, marketing, and strategy. She made $31 million in her final year at PepsiCo in 2017. She has formerly served as the President and CEO of Archer Daniels Midland. The most recent insider tranaction occured on November, 22nd when Chairman Carol Meyrowitz sold 16,223 shares worth more than $1,294,433.17. Chairman at TJX Companies. Heather Bresch, from a clerk to the CEO of Mylan. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. Opinions expressed by Forbes Contributors are their own. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. 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. Carol M. Meyrowitz is the Exec. Carol Meyrowitz is 65, she's been the Executive Chairman of the Board of TJX Companies since 2016. 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. You may opt-out by. (Photo by Jeff Schear/Getty Images for T.J. Maxx). The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. 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. Trusted by millions of genealogists since 2003. At the end of the 3rd fiscal quarter, TJX operated 3,594 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland Germany, Poland, Austria, the Netherlands, and Australia as well as three e-commerce sites. TJX has surpassed Macys sales volume in fiscal 2014 and is sailing to new heights with strong momentum. 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At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the 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. 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 cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirementas expected, the company said. His retirement will be effective on the date of the Companys next annual meeting of stockholders, June 11, 2015. The NSTAC advises the President of the United States. J.C. Penney hasnt had to release its finances since 2020. 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. }; It does not store any personal data. Insiders at TJX Companies own 0.2% of the company. The Board also elected Herrman a Director of the Company, effective. Linked companies : The TJX Companies, Inc. 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. 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. In the many times I asked a retail CEO what is your vision for your company; I have received few good answers. Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. 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. 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. 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. This cookie is set by GDPR Cookie Consent plugin.
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