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. Carol Meyrowitz detail biography, family, facts and date of birth. Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. 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. Company. })(document); (function(d) { The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. "It's almost the 'aha.' Heather Bresch, from a clerk to the CEO of Mylan. 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. 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. She became Campbell's 12th leader in the company's 140-year history. You may opt-out by. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . [5], Meyrowitz joined TJX Companies in 1983. She serves on the boards of several organizations. Announces Management Changes. Successful at her career, is she a family person? As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. 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. The talented lady then became Berkshire Partners and TJXs advisor. Insiders at TJX Companies own 0.2% of the company. Bachelor of Arts/Science, Rider University. 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. d.getElementById("contentad587938").appendChild(s); 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. In fiscal 2013, the company's revenues and profits both rose by double digits. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Patricia Ann Woertz,, is a retired American businesswoman. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. For several months in. 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. Her leadership in her company, and the retail industry, is a real achievement. He founded T.J. Maxx in 1976 and served as its President until 1987. 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. Chairman 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. Learn More on TJX Companies' active insiders. She had previously served as chairman, president and CEO from January 2013 to June 2020. With the exception of Ms. Meyrowitz, the retail industry is largely void of dynamic leadership. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. It isn't just one major introduction. 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 . 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. Title. 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. 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. Color has become the fresh fetish of the luxury watch industry. She retired from IBM on December 31, 2020, after a near-40 year career at IBM. Hermann will retain both titles, president and CEO. 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. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. 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Language links are at the top of the page across from the title. Meyerowitz (disambiguation) This page was last edited on 11 December 2019, at 04:22 . Sign up for free Patch newsletters and alerts. She also served as the CEO of NIO USA, an electric car maker. She retired from the position in 2017. It does not store any personal data. The cookie is used to store the user consent for the cookies in the category "Analytics". Last updated: 11 April 2023 at 6:03pm EST. 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. 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. However, few knows about her personal life. { The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. In March 2004, she gripped the responsibility of Senior Executive Vice President. I cover major developments in the retail industry. '", Get the free daily newsletter read by industry experts. Shenotoriously keeps information about the retailers approach and plans close to the vest. 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 . As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. Her successor is the current president Ernie Herrman. 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. 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. (Photo by Jeff Schear/Getty Images for T.J. Maxx). 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. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. 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. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. Location: US. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . Location Framingham, Massachusetts, United States. 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. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. member. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. Ursula M. Burns, is an American businesswoman. As the Exec. 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. 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. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. Get MarketBeat All Access Free for 30 Days. Renee also serves as an independent director of Citigroup. 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. 'https' : 'http'; Biography of Carol Meyrowitz. This cookie is set by GDPR Cookie Consent plugin. Sherilyn S. McCoy is an American scientist and business executive. One of the most robust businesswomen according to Fortune, Carol is a married woman. This website uses cookies to improve your experience while you navigate through the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Nationality: American. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. The NSTAC advises the President of the United States. 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 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. CB Rank (Person) 248,260. 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 . 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.
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