She is a mentor to her associates and a true visionary. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. [3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. id: "314129c3-ef90-45ee-91b6-57c31944f14e", Advisor. Leadership requires a bold vision of where a company should be in 10 and 20 years. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. They think, 'Why would I buy at this price when I can buy at a lot less? In fiscal 2013, the company's revenues and profits both rose by double digits. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. TJX CEO CarolMeyrowitz is an industry veteran from a retail family that has been with the company for some 30 years. Retiring CEO Carol Meyrowitz is, without doubt, my pick for Retailer of the Year. 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. Carol B. Tom is an American business executive who is currently the Chief Executive Officer of United Parcel Service (UPS). exitPopMobile: true, Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. In March 2004, she gripped the responsibility of Senior Executive Vice President. Carol was listed as the 2nd top female CEOs of the world, falling just behind the CEO of Mondelez International, Irene Rosenfeld. We also use third-party cookies that help us analyze and understand how you use this website. + qs; As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. Profit rose from $777 million to $2.2 billion. Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company from 2011 through 2018. She is known for her leadership roles in technology firms like Cisco where she served as the CTO for seven years, and at Motorola where she was the CTO for five years. Information on this page was last updated on 11/22/2022. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. 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. 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. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Carol Meyrowitz is 65, she's been the Executive Chairman of the Board of TJX Companies since 2016. 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. 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. The cookies is used to store the user consent for the cookies in the category "Necessary". [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. (function(d) { 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. }; That is quite an achievement. It isn't just one major introduction. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide . [1] [6] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. As of 22 November 2022 she still owns at least 209,390 units of TJX Companies stock. Meyrowitz has worked at TJX since 1983 and has been CEO for the past nine years. 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. 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. In the past Ms. Meyrowitz occupied the position of . Maxx stores in Australia. 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. Though the company was performing well under her supervision, in January 2016, she had to dispense her position of CEO, which is currently handled by Erin Herrman. "It's a very important part of our relationship.. Language links are at the top of the page across from the title. She is the CEO of Oracle Corporation. Hermann will retain both titles, president and CEO. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. She made $31 million in her final year at PepsiCo in 2017. However, few knows about her personal life. Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirementas expected, the company said. This cookie is set by GDPR Cookie Consent plugin. Herrman is a long time member of the TJX team having led the Marshall division for many years. She became CEO, president, and chairman of Ingredion in May, 2009 and became the 21st female CEO of a Fortune 500 company when Ingredion's sales reached $6 billion for the first time, in 2012. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. This seamless leadership transition continues a tradition that started when Ms. Meyrowitz took over from Ben Cammarata the companys previous long-standing, highly successful CEO. 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. As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. ET, Webinar 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. 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. These are values that remain core to TJX. Ahrendts left Burberry to join Apple in 2014. 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. 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. She is also an Operating Executive with The Carlyle Group in its Media and Technology practice. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. As of 2014 she was one of only 24 women who were CEOs of Fortune 500 companies. | 3 p.m. 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 . 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. Age : 68. | 2 p.m. Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: 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. Meyrowitz, 61, joined. In 2006 CNN ranked her the 36th most powerful Woman in Business. There are 4 older and 15 younger executives at TJX Companies. However, Carol has always remained silent when it comes to talking about the relationship with her husband. TJX has perfected this concept with an outstanding record of success by building a strong trust and in a loyal customer base. 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 [5], Meyrowitz joined TJX Companies in 1983. 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. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. [7], However, Meyrowitz became president on October 17, 2005;[1] additionally, she became a member of the board of directors on September 7, 2006. Ms Meyrowitz is 67, she's been the Exec. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. 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 the many times I asked a retail CEO what is your vision for your company; I have received few good answers. Shell serve as executive chairman for at least three years after she steps down. For several months in. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. She has served as a board member for UPS since 2003. 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. 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. Learn More on Carol Meyrowitz's contact information. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Ms. Carol M. Meyrowitz has been Chief Executive Officer of TJX Companies Inc., since January 28, 2007. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Last year's position: 14. Cookie. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. Learn More on TJX Companies' active insiders. Chairman at TJX Companies. . Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. 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. For the first time ever, the NHL will take its Global Series to the southern hemisphere this fall. 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. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. 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. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. 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). Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Color has become the fresh fetish of the luxury watch industry. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. The cookie is used to store the user consent for the cookies in the category "Other. At TJX Companies, Carol Meyrowitz has 56 colleagues including Ernie Herrman (CEO), Jose Alvarez (Director) . They sold a total of 289,430 shares worth more than $19,199,626.62. Carol Meyrowitz. Carol Meyrowitz detail biography, family, facts and date of birth. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. Carol M. Meyrowitz is the Exec. This cookie is set by GDPR Cookie Consent plugin. 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. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); 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 can see the complete history of Ms. Meyrowitz stock trades at the bottom of the page. It was very easy to select my pick for 2015 Retailer of the Year. 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. 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. Learn More about Carol Meyrowitz's net worth. "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . Meyrowitz served as President of Marmaxx from 2001 to January 2005. + qs; The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. [3] 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 cookie is used to store the user consent for the cookies in the category "Analytics". As of 2014, she is listed as the 85th most powerful woman in the world by Forbes. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. Low-profile and high-impact continue to define the career of Carol Meyrowitz. var params = Advisor. Bob Iger with Mickey Mouse. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. She additionally was Xerox's chairman from 2010 to 2017. [5], Meyrowitz joined TJX Companies in 1983. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. MWRTA Fares Return Next Week With A New Payment System, Framingham Source Publisher Takes Job With City As Publication Shifts. 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. Trusted information source for millions of people worldwide . 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. 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. 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. Company banners include T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, Winners, HomeSense, T.K.Maxx, and Trade Secret. 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. Opinions expressed by Forbes Contributors are their own. 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Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. Learn More about Carol Meyrowitz's net worth. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. d.getElementById("contentad587938").appendChild(s); Who are Carol Meyrowitzs husband and children? 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. 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 . Renee also serves as an independent director of Citigroup. Heineman Outperforms Travel Retail Rivals With 81% Growth To $4.2 Billion In 2022, Airport Retail Confectionery Firsts From Oreo And Lindt, Both With Live Chefs, Consumer Demand Is Slowing, Good For Government Policy Wonks, Bad For Retailers, An Exclusive Retail Service Experience Is At The Center Of CB2's New Design Shop, Whats Working - And Not - In Mobile Commerce (Part 1 Of 2). J.C. Penney hasnt had to release its finances since 2020. 'https' : 'http'; 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. She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. Carol M. Meyrowitz is the Exec. At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the TJX. 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. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. It does not store any personal data. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" 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. 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. [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. 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. 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. 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. She retired from the position in 2017. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. Sector: General retailers. Last updated: 1 April 2023 at 11:00am EST. 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. Maxx stores in Australia. 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. By clicking Accept, you consent to the use of ALL the cookies. "It's almost the 'aha.' President, TJX Cos. 2005 rank: New Age: 52 Promoted to president of the nation's largest off-price retailer last fall, the 23-year company vet's job is about to get bigger: The . Heather Bresch, from a clerk to the CEO of Mylan. 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. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. Learn More on Carol Meyrowitz's trading history. Biography of Carol Meyrowitz. 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] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. Here, Rolex Testimonees Jack Nicklaus, Tiger Woods and Scottie Scheffler talk golf and Rolex. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. She has also not shared any information regarding children and its hard to predict is she has any. 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 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. 20,362 executive movements have been recorded in the last 12 months.
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