var params = For several months in. In the past Ms. Meyrowitz occupied the position of . On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. 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 . Biography of Carol Meyrowitz. | 3 p.m. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. Though the company was performing well under her supervision, in January 2016, she had to dispense her position of CEO, which is currently handled by Erin Herrman. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . 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. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. Carol Meyrowitz. 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. 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. [5], Meyrowitz joined TJX Companies in 1983. + qs; There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. As of 2020, her title is vice-chairman, NBCUniversal. 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. 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. 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. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. Also Known As Carol M. Meyrowitz. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. 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. })(document); (function(d) { Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $15,821,508 as of March 23rd. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . 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. He also previously served as Chair of The Marmaxx Group, the Companys largest division. Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. The talented lady then became Berkshire Partners and TJXs advisor. Sign up for free Patch newsletters and alerts. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" Analytical cookies are used to understand how visitors interact with the website. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. Trusted by millions of genealogists since 2003. T.J. Maxx seems to have a fast-fashion-esque approach to moving merchandise. The cookie is used to store the user consent for the cookies in the category "Other. Cookie. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. 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. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); 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. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. 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. Enter your email address below to get our daily insider buying and selling report. This cookie is set by GDPR Cookie Consent plugin. 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. 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. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. Ernie Herrman, who was named president of the company in 2011 . 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 very easy to select my pick for 2015 Retailer of the Year. 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. 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. You can see the complete history of Ms. Meyrowitz stock trades at the bottom of the page. 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. They think, 'Why would I buy at this price when I can buy at a lot less? She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. Shenotoriously keeps information about the retailers approach and plans close to the vest. Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. 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. Get notified the next time Carol Meyrowitz buys or sells TJX Companies stock. They sold a total of 289,430 shares worth more than $19,199,626.62. 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. She has worked in the banking industry since 1995, when she joined Fleet Financial, which later merged with the short-lived BankBoston to become part of Bank of America. 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. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. var p = 'https:' == document.location.protocol ? As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. CB Rank (Person) 248,260. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. var s = d.createElement('script'); s.type='text/javascript';s.async=true; Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. Susan M. Cameron is an American businessperson who is the former chairman, president, and CEO of Reynolds American, Inc. Susan E. Arnold is an American business executive; she is the chair of The Walt Disney Company. 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. Language links are at the top of the page across from the title. These cookies track visitors across websites and collect information to provide customized ads. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. [1] [6] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. On average, Carol trades about 31,892 units every 45 days since 2003. id: "314129c3-ef90-45ee-91b6-57c31944f14e", [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. This chart shows Carol Meyrowitz's buying and selling at TJX Companies by year and by quarter. '", Get the free daily newsletter read by industry experts. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. Bachelor of Arts/Science, Rider University. wid: "480652", Carol has been with the Company for 33 years and CEO for nine years, and a great deal of TJXs success is attributed to her leadership, strategic vision, and many contributions to our Company. She additionally was Xerox's chairman from 2010 to 2017. . Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. This is a BETA experience. On Thursday, Marty Walsh met with the media for the first time in his new role as executive director of the NHL Players' Association. Here's What Framingham Moms Really Want For Mother's Day! Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Meyrowitz, 61, joined. 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. Gender Female. 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. Profit rose from $777 million to $2.2 billion. I share his dedication to and passion for this Company and consider it a great privilege to succeed him as Chairman of the Board. Heather Bresch, from a clerk to the CEO of Mylan. { By clicking Accept, you consent to the use of ALL the cookies. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. Maxx chain in Australia. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); These cookies will be stored in your browser only with your consent. Opinions expressed by Forbes Contributors are their own. As of 2014 she was one of only 24 women who were CEOs of Fortune 500 companies. She is known for her leadership roles in technology firms like Cisco where she served as the CTO for seven years, and at Motorola where she was the CTO for five years. 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. 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. As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. 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. Public asset : 15,661,578 USD. She serves on the boards of several organizations. 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. Learn More on Carol Meyrowitz's contact information. 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. Carol was listed as the 2nd top female CEOs of the world, falling just behind the CEO of Mondelez International, Irene Rosenfeld. Possible relatives for Carol Meyrowitz include Danielle Debairos, Ariel Debairos, John Debairos and several others. Location: US. [2]. 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. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. The result has been an enviable level of success in a tough retail environment. 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She has also not shared any information regarding children and its hard to predict is she has any. He says, many retailers have embraced the off-price concept. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. 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. Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: Carol Meyrowitz". Profit rose from $777 million to $2.2 billion. 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.