var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. Opinions expressed by Forbes Contributors are their own. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. 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. Insiders at TJX Companies own 0.2% of the company. In honor of the beloved comedy legends upcoming 90th birthday, NBC has announced special, Carol Burnett: 90 Years of Laughter + Love. Nevertheless, on 17th of October 2005, she was declared the companys president. Successful at her career, is she a family person? 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. 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. 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 . Ahrendts left Burberry to join Apple in 2014. (Photo by Jeff Schear/Getty Images for T.J. Maxx). 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. 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. As of 22 November 2022 she still owns at least 209,390 units of TJX Companies stock. Former employees say that the stuff moves so rapidly that merchandise is often sold before TJX has paid its vendors for it, writes Kowitt. 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. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. Carol Meyrowitz detail biography, family, facts and date of birth. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. 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. 20,362 executive movements have been recorded in the last 12 months. See Carol Meyrowitz's spouse, children, sibling and parent names. 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. Advisor. One of the most robust businesswomen according to Fortune, Carol is a married woman. 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. Country of residence : Unknown. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. Analytical cookies are used to understand how visitors interact with the website. In fiscal 2013, the company's revenues and profits both rose by double digits. 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. 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. 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. In 2006 CNN ranked her the 36th most powerful Woman in Business. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. Ms. Meyrowitz was President of TJX from October 2005 to January 2011. Location Framingham, Massachusetts, United States. She also serves on the board of directors of Microsoft and Spotify. 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. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. 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. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide . 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. For the first time ever, the NHL will take its Global Series to the southern hemisphere this fall. 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. [5], Meyrowitz joined TJX Companies in 1983. 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. These cookies will be stored in your browser only with your consent. d.getElementById("contentad587938").appendChild(s); As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. Carol M. Meyrowitz is the Exec. She is the CEO of Oracle Corporation. Meyrowitz, 61, joined. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. "It's almost the 'aha.' cb: (new Date()).getTime() Title. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. She also served as the CEO of NIO USA, an electric car maker. Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirementas expected, the company said. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. The result has been an enviable level of success in a tough retail environment. Age : 68. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. The company was founded by Bernard Cammarata in 1976 and is headquartered in Framingham, MA. Shenotoriously keeps information about the retailers approach and plans close to the vest. id: "314129c3-ef90-45ee-91b6-57c31944f14e", Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. })(document); (function(d) { Awards of Carol Meyrowitz, birthday, children and many other facts. Padmasree Warrior is an Indian-American businesswoman and technology executive. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. She had previously served as chairman, president and CEO from January 2013 to June 2020. Learn More about Carol Meyrowitz's net worth. 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 retired from the position in 2017. 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! As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. 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. This cookie is set by GDPR Cookie Consent plugin. She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. 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. Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. Last updated: 11 April 2023 at 6:03pm EST. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. Her professional journey is clearly known to all people. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J . 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. Information on this page was last updated on 11/22/2022. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. 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Public asset : 15,661,578 USD. 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. Carol Meyrowitz. 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. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" TJX has perfected this concept with an outstanding record of success by building a strong trust and in a loyal customer base. With the exception of Ms. Meyrowitz, the retail industry is largely void of dynamic leadership. It isn't just one major introduction. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. [1][6] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. Chairman of TJX Companies since . She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. 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. Ms Meyrowitz is 67, she's been the Exec. The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. She has also not shared any information regarding children and its hard to predict is she has any. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. 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. | 3 p.m. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. This is a BETA experience. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. 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 served as President of Marmaxx from 2001 to January 2005. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. 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. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. 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. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. [3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. MWRTA Fares Return Next Week With A New Payment System, Framingham Source Publisher Takes Job With City As Publication Shifts. Gender Female. Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. This cookie is set by GDPR Cookie Consent plugin. All Rights Reserved. Chairman at TJX Companies. Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. Company banners include T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, Winners, HomeSense, T.K.Maxx, and Trade Secret. 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. A sea of color and whimsy lit up the annual Watches and Wonders trade fair in Geneva last month, perhaps to remind us that the bleak isolation of Covid is behind us. { Location: US. She became Campbell's 12th leader in the company's 140-year history. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Color has become the fresh fetish of the luxury watch industry. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. d.getElementById("contentad480652").appendChild(s); 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. 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. 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. + qs; 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 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. id: "36f20c3a-77f4-4051-a0e0-5744b04fc35f", Ernie Herrman, who was named president of the company in 2011 . Meyerowitz (disambiguation) This page was last edited on 11 December 2019, at 04:22 . In 2014 Forbes Magazine listed Ms. Meyrowitz as the 76th most powerful woman in the world. [7], However, Meyrowitz became president on October 17, 2005; [1] additionally, she became a member of the board of directors on September 7, 2006. Learn More on Carol Meyrowitz's salary. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. 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. 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. Trusted information source for millions of people worldwide . Carol Meyrowitz, 61, will stay on as executive chairman of the company. I cover major developments in the retail industry. Get MarketBeat All Access Free for 30 Days. 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. Profit rose from $777 million to $2.2 billion. Chairman at TJX Companies. var params = Hermann will retain both titles, president and CEO. CB Rank (Person) 248,260. Who are Carol Meyrowitzs husband and children? The estimated net worth of Carol Meyrowitz is at least $15.82 million as of November 22nd, 2022. Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company from 2011 through 2018. Ms. Meyrowitz received an undergraduate degree from Rider University. 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. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. Bonnie Hammer is an American network and studio executive. This cookie is set by GDPR Cookie Consent plugin. Cookie. In fiscal 2013, the company's revenues and profits both rose by double digits. Let Retail Dive's free newsletter keep you informed, straight from your inbox. 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. Advisor. . 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. Low-profile and high-impact continue to define the career of Carol Meyrowitz. On Thursday, Marty Walsh met with the media for the first time in his new role as executive director of the NHL Players' Association. "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview. But opting out of some of these cookies may affect your browsing 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, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. His retirement will be effective on the date of the Companys next annual meeting of stockholders, June 11, 2015. "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. Announces Management Changes. 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. I wish her continued success, good health and happiness in the New Year. Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. exitPopMobile: true, cb: (new Date()).getTime() 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. Last year's position: 14. Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. TJX has surpassed Macys sales volume in fiscal 2014 and is sailing to new heights with strong momentum. The TJX International segment includes operations of T.K. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. T.J. Maxx seems to have a fast-fashion-esque approach to moving merchandise. One of the most robust businesswomen according to Fortune, Carol is a married woman. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a high note. Patricia Ann Woertz,, is a retired American businesswoman. She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. 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.. 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. She serves on the boards of several organizations. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. Since 2007 . These are values that remain core to TJX. Maxx stores in Australia. 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. For several months in. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. 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. wid: "480652", 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. wid: "587938", Maxx chain in Australia. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. She retired from IBM on December 31, 2020, after a near-40 year career at IBM. Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more.