Sector: General retailers. For several months in. Let Retail Dive's free newsletter keep you informed, straight from your inbox. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. var p = 'https:' == document.location.protocol ? These cookies track visitors across websites and collect information to provide customized ads. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. Heather Bresch, from a clerk to the CEO of Mylan. She also serves on the board of directors of Microsoft and Spotify. 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. 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. Here's What Framingham Moms Really Want For Mother's Day! Ernie Herrman to Succeed Carol Meyrowitz at TJX as CEO Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. Chairman of TJX Companies since . Ms Meyrowitz is 67, she's been the Exec. 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. d.getElementById("contentad480652").appendChild(s); TJX CEO Carol Meyrowitz to step down | Retail Dive })(document); (function(d) { Carol Meyrowitz Phone Number, Address, Age, Contact Info, Public The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. 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 Meyrowitz, TJX Companies Inc: Profile and Biography In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. 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. Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. 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. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. Carol Meyrowitz | 2014 Businessperson of the Year | Fortune 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. Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. exitPopMobile: true, Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. Carol Meyrowitz - Alchetron, The Free Social Encyclopedia 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 I wish her continued success, good health and happiness in the New Year. Bob Iger with Mickey Mouse. Ms. Meyrowitz has a vision. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. Carol M. Meyrowitz is the Exec. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. She is also an Operating Executive with The Carlyle Group in its Media and Technology practice. She became Campbell's 12th leader in the company's 140-year history. 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. 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. Enter your email address below to get our daily insider buying and selling report. As the Exec. TJX CEO Carol Meyrowitz is exiting in style - The Boston Globe 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. Last updated: 11 April 2023 at 6:03pm EST. Carol was listed as the 2nd top female CEOs of the world, falling just behind the CEO of Mondelez International, Irene Rosenfeld. var params = The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. 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. 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. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. 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. 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 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 . 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[1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. You also have the option to opt-out of these cookies. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . 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 . Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. Trusted information source for millions of people worldwide . In fiscal 2013, the company's revenues and profits both rose by double digits. Public asset : 15,661,578 USD. Advisor. Last year's position: 14. 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. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. 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. The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. id: "36f20c3a-77f4-4051-a0e0-5744b04fc35f", 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. Gender Female. She retired as executive chairman and a board member effective March 1, 2021. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Carol Meyrowitz Biography | Booking Info for Speaking Engagements She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. She also served as the CEO of NIO USA, an electric car maker. Learn more about Retail. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. + qs; "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview. Learn More about Carol Meyrowitz's net worth. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a high note. 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. She previously served as chairman, president and CEO of IBM, becoming the first woman to head the company. 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. She retired from the position in 2017. On average, Carol trades about 31,892 units every 45 days since 2003. Carol Meyrowitz - Biography - MarketScreener.com Biography of Carol Meyrowitz. He will take the helm on January 31, 2016 as CEO. The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. 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. This cookie is set by GDPR Cookie Consent plugin. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. 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Carol Meyrowitz, Board of Directors, NewStore - Topio Networks The cookies is used to store the user consent for the cookies in the category "Necessary". var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Carol Meyrowitz - WikiMili, The Best Wikipedia Reader She lives in Lincoln, Massachusetts. You may opt-out by. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. 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. 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. One of the most robust businesswomen according to Fortune, Carol is a married woman. At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the TJX. She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. Carol B. Tom is an American business executive who is currently the Chief Executive Officer of United Parcel Service (UPS). This chart shows Carol Meyrowitz's buying and selling at TJX Companies by year and by quarter. 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. Bonnie Hammer is an American network and studio executive. Maxx stores in Australia. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. Learn More on Carol Meyrowitz's salary. 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 retired from IBM on December 31, 2020, after a near-40 year career at IBM. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. These cookies ensure basic functionalities and security features of the website, anonymously. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $16,504,120 as of May 1st. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. 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. These are values that remain core to TJX. Cammarata, 75,has been Chair of the Board of TJX since 1999. Carol M. Meyrowitz Net Worth (2023) | wallmine [1][6] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. 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. 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. TJX has perfected this concept with an outstanding record of success by building a strong trust and in a loyal customer base. TJX has surpassed Macys sales volume in fiscal 2014 and is sailing to new heights with strong momentum. After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. 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. It's one blockbuster after another, with each new creation as gasp-inducing as the last. Padmasree Warrior is an Indian-American businesswoman and technology executive. Chairman at TJX Companies. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. The most recent insider tranaction occured on November, 22nd when Chairman Carol Meyrowitz sold 16,223 shares worth more than $1,294,433.17. Learn More about insider trades at TJX Companies. As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. Fall Speaker Series 2018 with Carol Meyrowitz, Executive Chairman of Country of residence : Unknown. 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. She had previously served as chairman, president and CEO from January 2013 to June 2020. Company. 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. Safra Ada Catz is an American billionaire banker and technology executive. As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. In August 2012, she was recognized as the 39th most powerful woman in the world by Forbes Magazine. She has been an executive at Oracle since April 1999, and a board member since 2001. 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. [5], Meyrowitz joined TJX Companies in 1983. Patricia Ann Woertz,, is a retired American businesswoman. [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. Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirementas expected, the company said. member. Carol Meyrowitz salary, net worth & education background - eCelebrityFacts Join thousands of other investors who make better investing decisions with our premium tools. Carol Meyrowitz Net Worth, Biography, and Insider Trading The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. Ms. Meyrowitz received an undergraduate degree from Rider University. Carol Meyrowitz for nine years led the parent company of T.J. Maxx, Marshalls, and HomeGoods, during which time sales soared 67 percent. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. Maxx chain in Australia. Chart Data in Insider Trading History Table. [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. Regions Greater Boston Area, East Coast, New England. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Ilene S. Gordon is an American business executive. "It's almost the 'aha.' 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. TJX Founder Cammarata Retiring After 40 Years With Company 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. ET, Webinar Location: US. }; The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . 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 detail biography, family, facts and date of birth. After a wildly successful nine-year stint at the helm of TJX Cos (TJX) that saw the parent company of T.J . [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes.[2]. 50 Most Powerful Women in Business 2006: Carol Meyrowitz | FORTUNE The result has been an enviable level of success in a tough retail environment.
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