In fiscal 2013, the company's revenues and profits both rose by double digits. 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. 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. Industry Colleagues. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. There are 4 older and 15 younger executives at TJX Companies. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. Chairman at TJX Companies. Maxx and Homesense chains in Europe and the T.K. Ahrendts left Burberry to join Apple in 2014. He also previously served as Chair of The Marmaxx Group, the Companys largest division. Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. Last year's position: 14. This cookie is set by GDPR Cookie Consent plugin. Currently, she is the founder and CEO of Fable, a curated reading platform focused on mental wellness. She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a high note. You may opt-out by. 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. 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Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Heather Bresch, from a clerk to the CEO of Mylan. Chairman at TJX Companies. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. Last updated: 1 April 2023 at 11:00am EST. Language links are at the top of the page across from the title. . She founded Ampere Computing in October 2017, is currently its Chairman and CEO. 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. [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. 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. On average, Carol trades about 31,892 units every 45 days since 2003. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. Cookie. 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 . This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. Ms. Carol M. Meyrowitz has been Chief Executive Officer of TJX Companies Inc., since January 28, 2007. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. The talented lady then became Berkshire Partners and TJXs advisor. 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. She is a mentor to her associates and a true visionary. 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 . 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] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. I wish her continued success, good health and happiness in the New Year. She retired from IBM on December 31, 2020, after a near-40 year career at IBM. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. The TJX International segment includes operations of T.K. })(document); (function(d) { Bob Iger with Mickey Mouse. She previously served as chairman, president and CEO of IBM, becoming the first woman to head the company. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. She serves as a director of Amscan Holdings Inc. and . Ms. Meyrowitz received an undergraduate degree from Rider University. 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. 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 . This cookie is set by GDPR Cookie Consent plugin. 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. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. id: "36f20c3a-77f4-4051-a0e0-5744b04fc35f", She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. Her successor is the current president Ernie Herrman. 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. 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. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. By clicking Accept, you consent to the use of ALL the cookies. Public asset : 15,661,578 USD. Biography of Carol Meyrowitz. She serves on the boards of several organizations. Renee also serves on the National Security Telecommunications Advisory Committee, which she formerly chaired. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. Information on this page was last updated on 11/22/2022. In August 2012, she was recognized as the 39th most powerful woman in the world by Forbes Magazine. 'https' : 'http'; 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. 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. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022.. As of 2014 she was one of only 24 women who were CEOs of Fortune 500 companies. + qs; Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. One of the most robust businesswomen according to Fortune, Carol is a married woman. 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. Carol M. Meyrowitz is the Exec. Chairman of TJX Companies since . exitPopMobile: true, 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. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. 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. Meyrowitz is also a director of Staples, Inc. Hermann will retain both titles, president and CEO. Learn More about insider trades at TJX Companies. She had previously served as chairman, president and CEO from January 2013 to June 2020. . Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Low-profile and high-impact continue to define the career of Carol Meyrowitz. Learn More about Carol Meyrowitz's net worth. I share his dedication to and passion for this Company and consider it a great privilege to succeed him as Chairman of the Board. 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 . 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. Also Known As Carol M. Meyrowitz. I remain as passionate as ever about our business, and I am very pleased to remain actively involved with the Company. Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. Carol Meyrowitz has not been actively trading shares of TJX Companies during the last quarter. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. On Thursday, Marty Walsh met with the media for the first time in his new role as executive director of the NHL Players' Association. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. 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. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. In honor of the beloved comedy legends upcoming 90th birthday, NBC has announced special, Carol Burnett: 90 Years of Laughter + Love. Meyrowitz has worked at TJX since 1983 and has been CEO for the past nine years. Ms. Meyrowitz serves as Chief Executive Officer of T.J. Maxx, Inc. She served as Advisor of Berkshire Partners, LLC. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. She has also not shared any information regarding children and its hard to predict is she has any. Maxx chain in Australia. 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. Here's What Framingham Moms Really Want For Mother's Day! With the exception of Ms. Meyrowitz, the retail industry is largely void of dynamic leadership. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. There are 10 older and 12 younger executives at TJX Companies. Heres how the retailer is doing. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. member. Biography of Carol Meyrowitz. | 2 p.m. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. All Rights Reserved. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. Her professional journey is clearly known to all people. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. These cookies track visitors across websites and collect information to provide customized ads. This website uses cookies to improve your experience while you navigate through the website. J.C. Penney hasnt had to release its finances since 2020. Meyrowitz, 61, joined. We also use third-party cookies that help us analyze and understand how you use this website. There are 1 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. Patricia Ann Woertz,, is a retired American businesswoman. 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. 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. 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. 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. var p = 'https:' == document.location.protocol ? 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. Analytical cookies are used to understand how visitors interact with the website. The result has been an enviable level of success in a tough retail environment. Advisor. { Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Trusted information source for millions of people worldwide . And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. 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. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. After a wildly successful nine-year stint at the helm of TJX Cos (TJX) that saw the parent company of T.J . For several months in. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. As of 2020, her title is vice-chairman, NBCUniversal. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. 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. Maxx stores in Australia. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. 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. 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 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. Ilene S. Gordon is an American business executive. It's one blockbuster after another, with each new creation as gasp-inducing as the last. 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 Awards of Carol Meyrowitz, birthday, children and many other facts. "It's a very important part of our relationship.. [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. Ms. Meyrowitz has a vision. Columbia . ET, Webinar Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. Ms. Meyrowitz earned a salary of $1,040,000.00, stock awards of $10,307,500.00, non-equity compensation of $3,875,820.00, and other compensation of $43,558.00. 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. Title. At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the TJX. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); A sea of color and whimsy lit up the annual Watches and Wonders trade fair in Geneva last month, perhaps to remind us that the bleak isolation of Covid is behind us. The estimated net worth of Carol Meyrowitz is at least $15.82 million as of November 22nd, 2022. 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. Carol Meyrowitz. Shenotoriously keeps information about the retailers approach and plans close to the vest. 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. I cover major developments in the retail industry. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. She has formerly served as the President and CEO of Archer Daniels Midland. Nationality: American. She retired from the position in 2017. She became Campbell's 12th leader in the company's 140-year history. Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company from 2011 through 2018. Opinions expressed by Forbes Contributors are their own. Learn More on Carol Meyrowitz's contact information. Insiders at TJX Companies own 0.2% of the company. Renee also serves as an independent director of Citigroup. After a year of that, she became BOD member. Age : 68. The cookie is used to store the user consent for the cookies in the category "Performance". The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. Location: US. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. Most recently, Carol Meyrowitz sold 16,223 shares of the business's stock in a transaction on Tuesday, November 22nd. The Board also elected Herrman a Director of the Company, effective. 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. Get MarketBeat All Access Free for 30 Days. (function(d) { Sherilyn S. McCoy is an American scientist and business executive. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. 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. Since she held the responsibility of CEO in early 2007, the company's revenue has risen from $17.4 billion to $29.1 billion and the profit has tripled as of 2014. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. Mentions about a name: Carol Meyrowitz Carol Meyrowitz Public Records Carol Meyrowitz age 68 Lived in: 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. Insiders trading at TJX Companies. 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. In the many times I asked a retail CEO what is your vision for your company; I have received few good answers. Color has become the fresh fetish of the luxury watch industry. . This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. 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). Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. Rene J. James is an American technology executive, who was formerly the president of Intel. She is the CEO of Oracle Corporation. Since 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. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. This is a BETA experience. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. Ernie Herrman, who was named president of the company in 2011 . "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. d.getElementById("contentad587938").appendChild(s); He will take the helm on January 31, 2016 as CEO.
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