[1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. In March 2004, she gripped the responsibility of Senior Executive Vice President. Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. 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. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. 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. | 2 p.m. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Last updated: 1 April 2023 at 11:00am EST. They think, 'Why would I buy at this price when I can buy at a lot less? Carol was listed as the 2nd top female CEOs of the world, falling just behind the CEO of Mondelez International, Irene Rosenfeld. Meyrowitz has worked at TJX since 1983 and has been CEO for the past nine years. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. I share his dedication to and passion for this Company and consider it a great privilege to succeed him as Chairman of the Board. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. | 3 p.m. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. 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. In addition, she makes $10,495,500 as Executive Chairman of the Board at TJX Companies. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. He also previously served as Chair of The Marmaxx Group, the Companys largest division. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. 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. In 2014 Forbes Magazine listed Ms. Meyrowitz as the 76th most powerful woman in the world. She became Campbell's 12th leader in the company's 140-year history. Trusted information source for millions of people worldwide . Most recently, Carol Meyrowitz sold 16,223 shares of the business's stock in a transaction on Tuesday, November 22nd. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. 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. Carol Meyrowitz, 61, will stay on as executive chairman of the company. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. 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. Ms. Meyrowitz was President of TJX from October 2005 to January 2011. Learn More about insider trades at TJX Companies. 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. 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. He founded T.J. Maxx in 1976 and served as its President until 1987. Here, Rolex Testimonees Jack Nicklaus, Tiger Woods and Scottie Scheffler talk golf and Rolex. 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 oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. Heather Bresch, from a clerk to the CEO of Mylan. [5], Meyrowitz joined TJX Companies in 1983. There are 4 older and 15 younger executives at TJX Companies. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. Learn More about Carol Meyrowitz's net worth. Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. Maxx and Homesense chains in Europe and the T.K. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" Maxx chain in Australia. Meyrowitz: Carol Meyrowitz, CEO; Joshua Meyrowitz, communications professor; Norman Meyrowitz; Robert Meyrowitz, radio producer; Robert Meyrowitz (1916-2013), an American analytical chemist; See also. 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. He says, many retailers have embraced the off-price concept. Ernie Herrman, who was named president of the company in 2011 . Her professional journey is clearly known to all people. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. 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. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. wid: "587938", Columbia . There are 10 older and 12 younger executives at TJX Companies. The cookies is used to store the user consent for the cookies in the category "Necessary". This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. 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. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . She has been an executive at Oracle since April 1999, and a board member since 2001. Gender Female. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. Rolex has supported the Masters tournament since 1999, and became an International Partner in 2008. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. In 2006 CNN ranked her the 36th most powerful Woman in Business. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes.[2]. 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. Sherilyn S. McCoy is an American scientist and business executive. Learn More on Carol Meyrowitz's contact information. You can see the complete history of Ms. Meyrowitz stock trades at the bottom of the page. Carol B. Tom is an American business executive who is currently the Chief Executive Officer of United Parcel Service (UPS). Title. The talented lady then became Berkshire Partners and TJXs advisor. This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. The TJX Cos., Inc. engages in the retail of apparel and home fashion products. (Photo by Jeff Schear/Getty Images for T.J. Maxx). Chairman of TJX Companies since . Language links are at the top of the page across from the title. 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 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. d.getElementById("contentad587938").appendChild(s); [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. . var params = 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. Color has become the fresh fetish of the luxury watch industry. 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. In fiscal 2013, the company's revenues and profits both rose by double digits. Biography of Carol Meyrowitz. 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. 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. 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. After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. ET, Webinar You also have the option to opt-out of these cookies. Renee also serves on the National Security Telecommunications Advisory Committee, which she formerly chaired. 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. var p = 'https:' == document.location.protocol ? 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. T.J. Maxx seems to have a fast-fashion-esque approach to moving merchandise. 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. Opinions expressed by Forbes Contributors are their own. Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. Since 2007 . This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. For several months in. { Mentions about a name: Carol Meyrowitz Carol Meyrowitz Public Records Carol Meyrowitz age 68 Lived in: "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. Meyrowitz is also a director of Staples, Inc. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. 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. See Carol Meyrowitz's spouse, children, sibling and parent names. Shenotoriously keeps information about the retailers approach and plans close to the vest. Her successor is the current president Ernie Herrman. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Location: US. 'https' : 'http'; This cookie is set by GDPR Cookie Consent plugin. Patricia Ann Woertz,, is a retired American businesswoman. These cookies track visitors across websites and collect information to provide customized ads. She made $31 million in her final year at PepsiCo in 2017. [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. 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. 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. Carol M. Meyrowitz is the Exec. wid: "480652", 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. 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. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. I remain as passionate as ever about our business, and I am very pleased to remain actively involved with the Company. In August 2012, she was recognized as the 39th most powerful woman in the world by Forbes Magazine. 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. This cookie is set by GDPR Cookie Consent plugin. She had previously served as chairman, president and CEO from January 2013 to June 2020. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022.. 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. Learn More about Carol Meyrowitz's net worth. As the Exec. Possible relatives for Carol Meyrowitz include Danielle Debairos, Ariel Debairos, John Debairos and several others. Low-profile and high-impact continue to define the career of Carol Meyrowitz. Maxx stores in Australia. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Nationality: American. var params = 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. Heather Bresch, from a clerk to the CEO of Mylan. Ursula M. Burns, is an American businesswoman. 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. The cookie is used to store the user consent for the cookies in the category "Other. The NSTAC advises the President of the United States. Get MarketBeat All Access Free for 30 Days. The opportunity for big data to transform healthcare hinges on health systems understanding the need for visibility. Insiders trading at TJX Companies. Carol Meyrowitz is 65, she's been the Executive Chairman of the Board of TJX Companies since 2016. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. 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. 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. We also use third-party cookies that help us analyze and understand how you use this website. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. Bob Iger with Mickey Mouse. Insiders at TJX Companies own 0.2% of the company. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $15,821,508 as of March 23rd. As of 2020, her title is vice-chairman, NBCUniversal. Last year's position: 14. Ms. Carol M. Meyrowitz has been Chief Executive Officer of TJX Companies Inc., since January 28, 2007. At TJX Companies, Carol Meyrowitz has 56 colleagues including Ernie Herrman (CEO), Jose Alvarez (Director) . On average, Carol trades about 31,892 units every 45 days since 2003. 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 almost the 'aha.' She also served as the CEO of NIO USA, an electric car maker. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. 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. Get notified the next time Carol Meyrowitz buys or sells TJX Companies stock. "We're absolutely fine with every vendor saying they don't do business with us," Meyrowitz told USA Today in a rare interview. As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. 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. 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. 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. By clicking Accept, you consent to the use of ALL the cookies. 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. She previously served as chairman, president and CEO of IBM, becoming the first woman to head the company. The most recent insider tranaction occured on November, 22nd when Chairman Carol Meyrowitz sold 16,223 shares worth more than $1,294,433.17. Awards of Carol Meyrowitz, birthday, children and many other facts. 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. As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500. 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. With the exception of Ms. Meyrowitz, the retail industry is largely void of dynamic leadership. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. In the past Ms. Meyrowitz occupied the position of . Carol Meyrowitz. Carol Meyrowitz detail biography, family, facts and date of birth. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J . Create a free family tree for yourself or for Carol Meyrowitz and we'll search for valuable new information . 20,362 executive movements have been recorded in the last 12 months. 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