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. var p = 'https:' == document.location.protocol ? Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. Announces Management Changes. 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 most recent stock trade was executed by Louise Greenlees on 22 November 2022, trading 6,708 units of TJX stock currently worth $536,573. Meyrowitz is also a director of Staples, Inc. However, Carol has always remained silent when it comes to talking about the relationship with her husband. Meyrowitz - Wikipedia I share his dedication to and passion for this Company and consider it a great privilege to succeed him as Chairman of the Board. Shenotoriously keeps information about the retailers approach and plans close to the vest. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Ms Meyrowitz is 67, she's been the Exec. Heres how the retailer is doing. cb: (new Date()).getTime() Insiders trading at TJX Companies. 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. Bachelor of Arts/Science, Rider University. For several months in. 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 department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide, announced Bernard (Ben) Cammarata has decided to retire as Chair of the Board of The TJX Companies, after nearly 40 years of service to the Company. Leadership requires a bold vision of where a company should be in 10 and 20 years. . 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. 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. She is a mentor to her associates and a true visionary. 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. Carol Meyrowitz for nine years led the parent company of T.J. Maxx, Marshalls, and HomeGoods, during which time sales soared 67 percent. Learn More on TJX Companies' active insiders. 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 As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. 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 . She serves on the boards of several organizations. [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 are values that remain core to TJX. Why Carol Meyrowitz, CEO Of TJX, Is Retailer Of The Year - Forbes CB Rank (Person) 248,260. Ernie Herrman to Succeed Carol Meyrowitz at TJX as CEO The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. Age: 57. Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. Low-profile and high-impact continue to define the career of Carol Meyrowitz. [5], Meyrowitz joined TJX Companies in 1983. 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. })(document); (function(d) { Ilene S. Gordon is an American business executive. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. This website uses cookies to improve your experience while you navigate through the website. Carol Meyrowitz Net Worth, Biography, and Insider Trading Ms. Meyrowitz owns over 16,223 units of TJX Companies stock worth over $16,331,373 and over the last 20 years she sold TJX stock worth over $90,361,886. She retired from the position in 2017. As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. Insiders at TJX Companies own 0.2% of the company. Cammaratas experience in off-price retailing spans more than 40 years. 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. Learn More on Carol Meyrowitz's trading history. Renee also serves on the National Security Telecommunications Advisory Committee, which she formerly chaired. Carol Meyrowitz Net Worth (2023) | wallmine var s = d.createElement('script'); s.type='text/javascript';s.async=true; In the past Ms. Meyrowitz occupied the position of . The cookies is used to store the user consent for the cookies in the category "Necessary". Ms. Meyrowitz has a vision. '", Get the free daily newsletter read by industry experts. The talented lady then became Berkshire Partners and TJXs advisor. Bob Iger with Mickey Mouse. There are 4 older and 15 younger executives at TJX Companies. wid: "587938", Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a high note. I wish her continued success, good health and happiness in the New Year. For the first time ever, the NHL will take its Global Series to the southern hemisphere this fall. Last year's position: 14. 2023 Forbes Media LLC. He founded T.J. Maxx in 1976 and served as its President until 1987. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. Resides in Cambridge, MA Metropolitan Area. I remain as passionate as ever about our business, and I am very pleased to remain actively involved with the Company. Her professional journey is clearly known to all people. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. TJX has perfected this concept with an outstanding record of success by building a strong trust and in a loyal customer base. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. Company banners include T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, Winners, HomeSense, T.K.Maxx, and Trade Secret. This is a BETA experience. These cookies track visitors across websites and collect information to provide customized ads. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. Ms. Meyrowitz received an undergraduate degree from Rider University. The cookie is used to store the user consent for the cookies in the category "Other. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. In fiscal 2013, the company's revenues and profits both rose by double digits. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Language links are at the top of the page across from the title. 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. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. Carol Meyrowitz Biography, Birthday, Awards and Family - Kidpaw d.getElementById("contentad587938").appendChild(s); [5], Meyrowitz joined TJX Companies in 1983. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. Get notified the next time Carol Meyrowitz buys or sells TJX Companies stock. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. [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. Color has become the fresh fetish of the luxury watch industry. Maxx stores in Australia. [7], However, Meyrowitz became president on October 17, 2005; [1] additionally, she became a member of the board of directors on September 7, 2006. By clicking Accept, you consent to the use of ALL the cookies. 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. 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. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", He will take the helm on January 31, 2016 as CEO. The TJX International segment includes operations of T.K. 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. 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. He says, many retailers have embraced the off-price concept. exitPopMobile: true, Enter your email address below to get our daily insider buying and selling report. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022.. var params = Learn More about Carol Meyrowitz's net worth. She has formerly served as the President and CEO of Archer Daniels Midland. The TJX Companies, Inc. Announces Ben Cammarata to Retire from Board of (function(d) { The result has been an enviable level of success in a tough retail environment. . Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. Biography of Carol Meyrowitz - The Official Board Sign up for free Patch newsletters and alerts. Chairman at TJX Companies. Rene J. James is an American technology executive, who was formerly the president of Intel. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. Carol M. Meyrowitz is the Exec. MWRTA Fares Return Next Week With A New Payment System, Framingham Source Publisher Takes Job With City As Publication Shifts. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. She also served as the CEO of NIO USA, an electric car maker. Trusted information source for millions of people worldwide . She lives in Lincoln, Massachusetts. 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. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. Learn more about Retail. Carol M. Meyrowitz is the Exec. TJX CEO is stepping down next year, ending a stellar run | Fortune Trusted by millions of genealogists since 2003. 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. In 2014 Forbes Magazine listed Ms. Meyrowitz as the 76th most powerful woman in the world. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. One of the most robust businesswomen according to Fortune, Carol is a married woman. In March 2004, she gripped the responsibility of Senior Executive Vice President. 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. Analytical cookies are used to understand how visitors interact with the website. Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. The most recent insider tranaction occured on November, 22nd when Chairman Carol Meyrowitz sold 16,223 shares worth more than $1,294,433.17. She founded Ampere Computing in October 2017, is currently its Chairman and CEO. Information on this page was last updated on 11/22/2022. 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 likes to operate TJX under the radar, but unparalleled success has made it harder for the $27.4 billion off-price powerhouse to escape the limelight. 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. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. 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. He also previously served as Chair of The Marmaxx Group, the Companys largest division. These cookies ensure basic functionalities and security features of the website, anonymously. }; In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. In August 2012, she was recognized as the 39th most powerful woman in the world by Forbes Magazine. Biography of Carol Meyrowitz. 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 . "It's a very important part of our relationship.. 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. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. TJX Founder Cammarata Retiring After 40 Years With Company You may opt-out by. 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. She has been an executive at Oracle since April 1999, and a board member since 2001. 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. 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. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $16,504,120 as of May 1st. 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Carol Meyrowitz detail biography, family, facts and date of birth. 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. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. 14. Carol Meyrowitz | Financial Times 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. 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 - Historical records and family trees - MyHeritage [3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. 50 Most Powerful Women in Business 2006: Carol Meyrowitz | FORTUNE Possible relatives for Carol Meyrowitz include Danielle Debairos, Ariel Debairos, John Debairos and several others. [3] var params = Carol B. Tom is an American business executive who is currently the Chief Executive Officer of United Parcel Service (UPS). With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes . As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. 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. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . var s = d.createElement('script'); s.type='text/javascript';s.async=true; Chairman of TJX Companies since . 'https' : 'http'; Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. One of the most robust businesswomen according to Fortune, Carol is a married woman. Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. At initial days in the company, she had a thought about leaving the company to spade new challenges and opportunities outside the TJX. She has served as a board member for UPS since 2003. TJX CEO Carol Meyrowitz is exiting in style - The Boston Globe [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. 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. She was appointed as the vice chairman in January 2011, after which she was named by Fortune Magazine, as the 10th woman on their list of "50 Most Powerful Women in Business", a list on which she has been included since 2008. 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. 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 . Likewise, she has never spoken about her children.While any information about her children is still missing, some sources have stated that she is a mother of two. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's . 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. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. The cookie is used to store the user consent for the cookies in the category "Performance". Meyrowitz served as President of Marmaxx from 2001 to January 2005. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. 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. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. 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. Cookie. She is also an Operating Executive with The Carlyle Group in its Media and Technology practice. Ms. Meyrowitz serves as Chief Executive Officer of T.J. Maxx, Inc. She served as Advisor of Berkshire Partners, LLC. 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. Sherilyn S. McCoy is an American scientist and business executive. 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. On average, Carol trades about 31,892 units every 45 days since 2003. Maxx and Homesense chains in Europe and the T.K. Carol Meyrowitz, TJX Companies Inc: Profile and Biography Last updated: 1 April 2023 at 11:00am EST. Jewish's Family Carol Meyrowitz's husband and children - eCelebrityFacts Ahrendts left Burberry to join Apple in 2014. Carol Meyrowitz - Biography - MarketScreener.com Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. At that time she will become the executive chairman of the board and will remain an active executive with the company for the next three years. Industry Colleagues. cb: (new Date()).getTime() Here's What Framingham Moms Really Want For Mother's Day! 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. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. There are 6 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700.
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