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. 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 Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. Patricia Ann Woertz,, is a retired American businesswoman. 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. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. Maxx stores in Australia. She serves on the boards of several organizations. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. member. Her successor is the current president Ernie Herrman. 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. var params = Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. See Carol Meyrowitz's spouse, children, sibling and parent names. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. 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 . d.getElementById("contentad480652").appendChild(s); 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. Location: US. 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. Low-profile and high-impact continue to define the career of Carol Meyrowitz. It isn't just one major introduction. As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. 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. 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. In fiscal 2013, the company's revenues and profits both rose by double digits. I cover major developments in the retail industry. Company banners include T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, Winners, HomeSense, T.K.Maxx, and Trade Secret. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. 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 served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. Leadership requires a bold vision of where a company should be in 10 and 20 years. This cookie is set by GDPR Cookie Consent plugin. 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 . "It's almost the 'aha.' In honor of the beloved comedy legends upcoming 90th birthday, NBC has announced special, Carol Burnett: 90 Years of Laughter + Love. 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. Country of residence : Unknown. 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. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Meyrowitz is also a director of Staples, Inc. As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" The Board also elected Herrman a Director of the Company, effective. TJX CEO CarolMeyrowitz is an industry veteran from a retail family that has been with the company for some 30 years. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. 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. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. She made $31 million in her final year at PepsiCo in 2017. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. You may opt-out by. Shell serve as executive chairman for at least three years after she steps down. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Information on this page was last updated on 11/22/2022. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022.. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. 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. 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. 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. 2023 Forbes Media LLC. 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. 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. Age: 57. 'https' : 'http'; Carol Meyrowitz. 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. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the TJX. Profit rose from $777 million to $2.2 billion. 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 Maxx and Homesense chains in Europe and the T.K. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. 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. 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 . Successful at her career, is she a family person? The NSTAC advises the President of the United States. On Thursday, Marty Walsh met with the media for the first time in his new role as executive director of the NHL Players' Association. }; One of the most robust businesswomen according to Fortune, Carol is a married woman. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. 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. And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. Learn More about Carol Meyrowitz's net worth. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. 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. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. Industry Colleagues. var p = 'https:' == document.location.protocol ? This cookie is set by GDPR Cookie Consent plugin. She lives in Lincoln, Massachusetts. Learn More about insider trades at TJX Companies. You can see the complete history of Ms. Meyrowitz stock trades at the bottom of the page. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. She founded Ampere Computing in October 2017, is currently its Chairman and CEO. You also have the option to opt-out of these cookies. Last updated: 1 April 2023 at 11:00am EST. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J . TJX has perfected this concept with an outstanding record of success by building a strong trust and in a loyal customer base. Sign up for free Patch newsletters and alerts. I share his dedication to and passion for this Company and consider it a great privilege to succeed him as Chairman of the Board. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Learn More on Carol Meyrowitz's trading history. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . Location Framingham, Massachusetts, United States. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes . The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. 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. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. Color has become the fresh fetish of the luxury watch industry. d.getElementById("contentad587938").appendChild(s); Wolfgang Porsche announces final term on Volkswagen supervisory board, Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Insider Trends: Insider at TJX Companies Sells Stock for Taxes Interrupting 90-Day Buy Trend, TJX : Continued Level of Significant Insider Selling at TJX Companies (TJX), Insider Trends: 90-Day Insider Selling Trend Prolonged at TJX Companies, Transcript : The TJX Companies, Inc., Q4 2016 Earnings Call, Feb 24, 2016, The TJX Companies, Inc. Her leadership in her company, and the retail industry, is a real achievement. One of the most robust businesswomen according to Fortune, Carol is a married woman. . 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. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. Insiders trading at TJX Companies. 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. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. 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. 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 TJX Companies, Inc. Names Carol Meyrowitz President", Jewish Voice New York: "The World's Most Powerful Jewish Women" By Jen Levey, "MEYROWITZ MOVING ON, HERRMAN MOVING UP AT TJX", "The TJX Companies, Inc.
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