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. Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. [2]. 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. Learn More on Carol Meyrowitz's contact information. 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. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . 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She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. She retired from the position in 2017. In March 2004, she gripped the responsibility of Senior Executive Vice President. ET, Webinar "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. 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 had previously served as chairman, president and CEO from January 2013 to June 2020. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . 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. 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. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. 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 is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. Renee also serves as an independent director of Citigroup. 2023 Forbes Media LLC. 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. Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. var p = 'https:' == document.location.protocol ? She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. She is the former CEO of Avon Products and former vice chairman and member of the office of the chairman of Johnson & Johnson, where she was responsible for the pharmaceutical and consumer business divisions of the company. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. [3] 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. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. 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. Meyrowitz, 61, who joined the Company in 1983, has been Chief Executive Officer of TJX since January 2007, a Director since September 2006, and also served as President from October 2005 to January 2011. Enter your email address below to get our daily insider buying and selling report. Company banners include T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, Winners, HomeSense, T.K.Maxx, and Trade Secret. exitPopMobile: true, This cookie is set by GDPR Cookie Consent plugin. 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. Ms. Carol M. Meyrowitz has been Chief Executive Officer of TJX Companies Inc., since January 28, 2007. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. 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. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. Leadership requires a bold vision of where a company should be in 10 and 20 years. 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 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. Trusted information source for millions of people worldwide . 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. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. member. 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. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. Maxx stores in Australia. The TJX International segment includes operations of T.K. Nevertheless, on 17th of October 2005, she was declared the companys president. But opting out of some of these cookies may affect your browsing experience. She serves as a director of Amscan Holdings Inc. and . The cookie is used to store the user consent for the cookies in the category "Other. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. Nationality: American. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. cb: (new Date()).getTime() [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. The cookie is used to store the user consent for the cookies in the category "Analytics". [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. wid: "480652", Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. President, TJX Cos. 2005 rank: New Age: 52 Promoted to president of the nation's largest off-price retailer last fall, the 23-year company vet's job is about to get bigger: The . Meyrowitz served as President of Marmaxx from 2001 to January 2005. Ms. Meyrowitz serves as Chief Executive Officer of T.J. Maxx, Inc. She served as Advisor of Berkshire Partners, LLC. 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. I cover major developments in the retail industry. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. . The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. Here, Rolex Testimonees Jack Nicklaus, Tiger Woods and Scottie Scheffler talk golf and Rolex. . Maxx stores in Australia. She has formerly served as the President and CEO of Archer Daniels Midland. Last year's position: 14. Sign up for free Patch newsletters and alerts. Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. You may opt-out by. Morrison retired from Campbell in May 2018. In the many times I asked a retail CEO what is your vision for your company; I have received few good answers. 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. 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. In the past Ms. Meyrowitz occupied the position of . Company. (function(d) { Heather Bresch, from a clerk to the CEO of Mylan. Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. 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. She made $31 million in her final year at PepsiCo in 2017. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. . Biography of Carol Meyrowitz. Get MarketBeat All Access Free for 30 Days. 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. Who are Carol Meyrowitzs husband and children? He also previously served as Chair of The Marmaxx Group, the Companys largest division. Learn More about Carol Meyrowitz's net worth. Maxx chain in Australia. Insiders trading at TJX Companies. Age: 57. 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. There are 10 older and 12 younger executives at TJX Companies. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. 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. 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. 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. Bonnie Hammer is an American network and studio executive. For several months in. As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. (Photo by Jeff Schear/Getty Images for T.J. Maxx). Ms. Meyrowitz received an undergraduate degree from Rider University. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. We also use third-party cookies that help us analyze and understand how you use this website. Opinions expressed by Forbes Contributors are their own. Her successor is the current president Ernie Herrman. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Last updated: 11 April 2023 at 6:03pm EST. I congratulate Carol Meyrowitz on her achievements as CEO of TJX Companies. He will take the helm on January 31, 2016 as CEO. She is the CEO of Oracle Corporation. Chart Data in Insider Trading History Table. The talented lady then became Berkshire Partners and TJXs advisor.