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. Heather Bresch, from a clerk to the CEO of Mylan. He says, many retailers have embraced the off-price concept. 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. 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. Learn More about insider trades at TJX Companies. var params = Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes . 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. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. [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 TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. 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. Location Framingham, Massachusetts, United States. Carol, eventually, became the companys CEO on 28th January 2007. Linked companies : The TJX Companies, Inc. This cookie is set by GDPR Cookie Consent plugin. Retiring CEO Carol Meyrowitz is, without doubt, my pick for Retailer of the Year. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. 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.. id: "36f20c3a-77f4-4051-a0e0-5744b04fc35f", On average, Carol trades about 31,892 units every 45 days since 2003. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. 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). 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 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. 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. 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 made $31 million in her final year at PepsiCo in 2017. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. . | 2 p.m. It was very easy to select my pick for 2015 Retailer of the Year. 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. She is the CEO of Oracle Corporation. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. 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. [5], Meyrowitz joined TJX Companies in 1983. "It's almost the 'aha.' 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. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. exitPopMobile: true, ET, Webinar 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. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. 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. 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. Here's What Framingham Moms Really Want For Mother's Day! She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. 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. 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. After a wildly successful nine-year stint at the helm of TJX Cos (TJX) that saw the parent company of T.J . Create a free family tree for yourself or for Carol Meyrowitz and we'll search for valuable new information . Ms. Meyrowitz serves as Chief Executive Officer of T.J. Maxx, Inc. She served as Advisor of Berkshire Partners, LLC. 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. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. Information on this page was last updated on 11/22/2022. Awards of Carol Meyrowitz, birthday, children and many other facts. In the past Ms. Meyrowitz occupied the position of . Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. 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. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. var s = d.createElement('script'); s.type='text/javascript';s.async=true; Carol M. Meyrowitz is the Exec. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. In fiscal 2013, the company's revenues and profits both rose by double digits. The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. 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. Carol Meyrowitz detail biography, family, facts and date of birth. 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. Gender Female. Analytical cookies are used to understand how visitors interact with the website. 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. As of 22 November 2022 she still owns at least 209,390 units of TJX Companies stock. Low-profile and high-impact continue to define the career of Carol Meyrowitz. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. His retirement will be effective on the date of the Companys next annual meeting of stockholders, June 11, 2015. She additionally was Xerox's chairman from 2010 to 2017. Columbia . d.getElementById("contentad480652").appendChild(s); 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. She lives in Lincoln, Massachusetts. 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. As the Exec. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. 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. 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. 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. The Board also elected Herrman a Director of the Company, effective. This is a BETA experience. 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, the former CEO of TJX, is happily married to John deBairos. This cookie is set by GDPR Cookie Consent plugin. Patricia Ann Woertz,, is a retired American businesswoman. Profit rose from $777 million to $2.2 billion. Carol Meyrowitz has not been actively trading shares of TJX Companies during the last quarter. var params = You also have the option to opt-out of these cookies. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. 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. 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. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. "It's a very important part of our relationship.. The company was founded by Bernard Cammarata in 1976 and is headquartered in Framingham, MA. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. This website uses cookies to improve your experience while you navigate through the website. 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. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. 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. She serves on the boards of several organizations. You can see the complete history of Ms. Meyrowitz stock trades at the bottom of the page. Learn More about Carol Meyrowitz's net worth. Learn more about Retail. 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. There are 10 older and 12 younger executives at TJX Companies. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. Its buyers are among the savviest in the business, the magazine found, staying on top of trends and moving inventory quickly. + qs; In February 2012, she resigned her employment with Johnson & Johnson after 30 years and was subsequently named as the CEO of Avon Products. J.C. Penney hasnt had to release its finances since 2020. 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. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" This cookie is set by GDPR Cookie Consent plugin. Ms. Meyrowitz has a vision. Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. Learn More on Carol Meyrowitz's salary. 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. There are 4 older and 15 younger executives at TJX Companies. Nevertheless, on 17th of October 2005, she was declared the companys president. Heres how the retailer is doing. 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. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. For the first time ever, the NHL will take its Global Series to the southern hemisphere this fall. The cookie is used to store the user consent for the cookies in the category "Analytics". It's one blockbuster after another, with each new creation as gasp-inducing as the last. 20,362 executive movements have been recorded in the last 12 months. 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. 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. Herrman is a long time member of the TJX team having led the Marshall division for many years. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . Renee also serves as an independent director of Citigroup. 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 is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. 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. [5], Meyrowitz joined TJX Companies in 1983. }; These cookies ensure basic functionalities and security features of the website, anonymously. As of 2020, her title is vice-chairman, NBCUniversal. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. Heather Bresch, from a clerk to the CEO of Mylan. wid: "587938", (Photo by Jeff Schear/Getty Images for T.J. Maxx). Bonnie Hammer is an American network and studio executive. Trusted information source for millions of people worldwide . Age : 68. Company banners include T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, Winners, HomeSense, T.K.Maxx, and Trade Secret. Get MarketBeat All Access Free for 30 Days. Trusted by millions of genealogists since 2003. Also Known As Carol M. Meyrowitz. See Carol Meyrowitz's spouse, children, sibling and parent names. MWRTA Fares Return Next Week With A New Payment System, Framingham Source Publisher Takes Job With City As Publication Shifts. You may opt-out by. The TJX Canada segment operates the Winners, Marshalls, and HomeSense chains in Canada. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. Insiders trading at TJX Companies. She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. 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. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. 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. Necessary cookies are absolutely essential for the website to function properly. The cookies is used to store the user consent for the cookies in the category "Necessary". 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. Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the TJX. She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. She also serves on the board of directors of Microsoft and Spotify. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. She is a mentor to her associates and a true visionary. 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. Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. Title. 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. 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. There are 1 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. Ursula M. Burns, is an American businesswoman. She serves as a director of Amscan Holdings Inc. and . Low-profile and high-impact continue to define the career of Carol Meyrowitz. [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. Location: US. { The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. Bob Iger with Mickey Mouse. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. 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. There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. '", Get the free daily newsletter read by industry experts. 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. + qs; Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. Ernie Herrman, who was named president of the company in 2011 . Hermann will retain both titles, president and CEO. }; 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 [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. [3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Leadership requires a bold vision of where a company should be in 10 and 20 years. Chairman at TJX Companies. 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. 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. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $15,821,508 as of March 23rd. 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. Public asset : 15,661,578 USD. He founded T.J. Maxx in 1976 and served as its President until 1987. Padmasree Warrior is an Indian-American businesswoman and technology executive. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. 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For several months in. She is also an Operating Executive with The Carlyle Group in its Media and Technology practice. Cammaratas experience in off-price retailing spans more than 40 years. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. 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 . Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. 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. In 2006 CNN ranked her the 36th most powerful Woman in Business. Last updated: 1 April 2023 at 11:00am EST. member. Language links are at the top of the page across from the title. 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. Carol M. Meyrowitz is the Exec. id: "314129c3-ef90-45ee-91b6-57c31944f14e", 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. 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