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As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J . Brenda Czajka Barnes was an American businesswoman who served as president, chairman and chief executive of Sara Lee, and was the first female CEO at PepsiCo. { Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. Bob Iger with Mickey Mouse. Heres how the retailer is doing. This chart shows Carol Meyrowitz's buying and selling at TJX Companies by year and by quarter. exitPopMobile: true, They sold a total of 289,430 shares worth more than $19,199,626.62. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. Carol Meyrowitz detail biography, family, facts and date of birth. 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. 2023 Forbes Media LLC. Carol M. Meyrowitz is the Exec. [7], However, Meyrowitz became president on October 17, 2005;[1] additionally, she became a member of the board of directors on September 7, 2006. These cookies ensure basic functionalities and security features of the website, anonymously. Former employees say that the stuff moves so rapidly that merchandise is often sold before TJX has paid its vendors for it, writes Kowitt. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. Last year, Moodys Investors Service released a report noting stellar performance by off-price retailers T.J. Maxx, Ross, and Burlington, and predicted steady growth of 6% to 8% for them in the next five years quite above the 4% predicted for the rest of retail. Title. Meyrowitz is also a director of Staples, Inc. var s = d.createElement('script'); s.type='text/javascript';s.async=true; He also previously served as Chair of The Marmaxx Group, the Companys largest division. Opinions expressed by Forbes Contributors are their own. Rene J. James is an American technology executive, who was formerly the president of Intel. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Last updated: 11 April 2023 at 6:03pm EST. In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. 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 . The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. Trusted information source for millions of people worldwide . Location Framingham, Massachusetts, United States. 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. That is quite an achievement. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. In the many times I asked a retail CEO what is your vision for your company; I have received few good answers. The cookie is used to store the user consent for the cookies in the category "Analytics". [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. 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. var s = d.createElement('script'); s.type='text/javascript';s.async=true; [3] She retired from the position in 2017. 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Herrman is a long time member of the TJX team having led the Marshall division for many years. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. 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. Fresh off a silver-medal peformance at the 2023 Women's World Championship, Sarah Nurse is using her expert eye to judge hockey hair as she enjoys some well-deserved downtime. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. | 2 p.m. 'https' : 'http'; Leadership requires a bold vision of where a company should be in 10 and 20 years. The Board also elected Herrman a Director of the Company, effective. 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. 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. In fiscal 2013, the company's revenues and profits both rose by double digits. Even now as she prepares to exit, she sees a near term goal of $40 Billion in worldwide sales for the company, and has a plan for how to get there. Her successor is the current president Ernie Herrman. Enter your email address below to get our daily insider buying and selling report. She retired from IBM on December 31, 2020, after a near-40 year career at IBM. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Ursula M. Burns, is an American businesswoman. Learn More on Carol Meyrowitz's trading history. Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. She has also not shared any information regarding children and its hard to predict is she has any. TJX Companies' insider roster includes Zein Abdalla (Director), Rosemary Berkery (Director), Kenneth Canestrari (EVP), Scott Goldenberg (CFO), Louise Greenlees (Sr. EVP & Group Pres), Louise Greenlees (EVP), Ernie Herrman (CEO), Michael Hines (Director), Amy Lane (Director), Carol Meyrowitz (Chairman), Douglas Mizzi (Sr. EVP & Group Pres ), and Richard Sherr (EVP). As of 22 November 2022 she still owns at least 209,390 units of TJX Companies stock. Company. wid: "587938", Carol Meyrowitz serves as Chief Executive Officer of The TJX Companies, Inc., a retailer of apparel and home fashions, since 2007 and a director since 2006. 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. Age: 57. On average, Carol trades about 31,892 units every 45 days since 2003. 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. It was very easy to select my pick for 2015 Retailer of the Year. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. This cookie is set by GDPR Cookie Consent plugin. You may opt-out by. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. 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. Biography of Carol Meyrowitz. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. 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. 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. For several months in. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. cb: (new Date()).getTime() 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. var p = 'https:' == document.location.protocol ? These cookies track visitors across websites and collect information to provide customized ads. Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. These are values that remain core to TJX. 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. wid: "480652", Low-profile and high-impact continue to define the career of Carol Meyrowitz. She lives in Lincoln, Massachusetts. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. It's one blockbuster after another, with each new creation as gasp-inducing as the last. 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). 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 since . Maxx stores in Australia. Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: Carol Meyrowitz". 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. Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. Resides in Cambridge, MA Metropolitan Area. Language links are at the top of the page across from the title. 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. 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 on Carol Meyrowitz's salary. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. That is, several upscale brands like Coach, Michael Kors, Ralph Lauren, and Nanette Lepore all brands found at T.J. Maxx wont speak aboutwhether they sell to T.J. Maxx. 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. MWRTA Fares Return Next Week With A New Payment System, Framingham Source Publisher Takes Job With City As Publication Shifts. 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. Location: US. This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. Carol M. Meyrowitz is the Exec. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. Successful at her career, is she a family person? 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. "It's almost the 'aha.' Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. Shenotoriously keeps information about the retailers approach and plans close to the vest. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. After a wildly successful nine-year stint at the helm of TJX Cos (TJX) that saw the parent company of T.J . Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. Subscribe to Retail Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Revionics named a Leader in the IDC MarketScape for Retail Price Optimization Solutions, Authenticity is now a key new driver of revenue and loyalty for U.S. shoppers, FRAYT Raises $7 Million, Brings Last-mile On-demand Delivery to Over 50 Major U.S. Markets, By signing up to receive our newsletter, you agree to our, Meyrowitz seems to have instituted a savvy approach to its relationship with vendors, according to one of the few, "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz, Webinar After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. . d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. In 2006 CNN ranked her the 36th most powerful Woman in Business. Ms. Meyrowitz received an undergraduate degree from Rider University. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. [5], Meyrowitz joined TJX Companies in 1983. Angela Jean Ahrendts, DBE is an American businesswoman who was previously the senior vice president of retail at Apple Inc. She was the CEO of Burberry from 2006 to 2014. She also served as the CEO of NIO USA, an electric car maker. 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 department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. "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. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. Public asset : 15,661,578 USD. I cover major developments in the retail industry. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Carol Meyrowitz, 61, will stay on as executive chairman of the company. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. 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. The estimated net worth of Carol Meyrowitz is at least $15.82 million as of November 22nd, 2022. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. Insiders at TJX Companies own 0.2% of the company. Chart Data in Insider Trading History Table. Create a free family tree for yourself or for Carol Meyrowitz and we'll search for valuable new information . 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. 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. She founded Ampere Computing in October 2017, is currently its Chairman and CEO. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. 20,362 executive movements have been recorded in the last 12 months. She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. This cookie is set by GDPR Cookie Consent plugin. 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As the Exec. Carol was listed as the 2nd top female CEOs of the world, falling just behind the CEO of Mondelez International, Irene Rosenfeld. 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. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. 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.

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