They think, 'Why would I buy at this price when I can buy at a lot less? See Carol Meyrowitz's spouse, children, sibling and parent names. She previously served as chairman, president and CEO of IBM, becoming the first woman to head the company. 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. About Carol Meyrowitz. I expect sales to be close to $31 Billion at the end of fiscal 2015; a unique achievement considering the very slow holiday selling season. 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. She is a mentor to her associates and a true visionary. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. 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. Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. 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. The result has been an enviable level of success in a tough retail environment. I remain as passionate as ever about our business, and I am very pleased to remain actively involved with the Company. At the end of the 3rd fiscal quarter, TJX operated 3,594 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland Germany, Poland, Austria, the Netherlands, and Australia as well as three e-commerce sites. She serves on the boards of several organizations. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. Sign up for free Patch newsletters and alerts. Ahrendts left Burberry to join Apple in 2014. 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 . 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. Ms. Meyrowitz was President of TJX from October 2005 to January 2011. Jewish's Family Carol Meyrowitz's husband and children - eCelebrityFacts As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. Biography of Carol Meyrowitz. Join thousands of other investors who make better investing decisions with our premium tools. Awards of Carol Meyrowitz, birthday, children and many other facts. [7], However, Meyrowitz became president on October 17, 2005; [1] additionally, she became a member of the board of directors on September 7, 2006. Nevertheless, on 17th of October 2005, she was declared the companys president. | 2 p.m. Company. var params = . These are values that remain core to TJX. Carol Meyrowitz, the former CEO of TJX, is happily married to John deBairos. The talented lady then became Berkshire Partners and TJXs advisor. Carol Meyrowitz - Forbes Former employees say that the stuff moves so rapidly that merchandise is often sold before TJX has paid its vendors for it, writes Kowitt. 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. 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. Shell serve as executive chairman for at least three years after she steps down. 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. These cookies will be stored in your browser only with your consent. d.getElementById("contentad587938").appendChild(s); Prior to becoming president and CEO in January 2012, she first joined IBM as a systems engineer in 1981 and subsequently headed global sales, marketing, and strategy. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes. Carol M. Meyrowitz is the Exec. Meyrowitz served as President of Marmaxx from 2001 to January 2005. TJX CEO Carol Meyrowitz to step down | Retail Dive Chairman of TJX Companies since . 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. Create a free family tree for yourself or for Carol Meyrowitz and we'll search for valuable new information . As of 2014, she is listed as the 85th most powerful woman in the world by Forbes. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . . These cookies ensure basic functionalities and security features of the website, anonymously. 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. Access advanced stock screeners, portfolio monitoring tools, proprietary research reports, and more. However, Carol has always remained silent when it comes to talking about the relationship with her husband. Heather Bresch, from a clerk to the CEO of Mylan. Advisor. { var p = 'https:' == document.location.protocol ? var params = Cammaratas experience in off-price retailing spans more than 40 years. 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 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 shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. By clicking Accept, you consent to the use of ALL the cookies. She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. And the company is apparently willing to give some vendors a sort of plausible deniability, according to USA Today. + qs; })(document); (function(d) { Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: Carol Meyrowitz". For several months in. Fall Speaker Series 2018 with Carol Meyrowitz, Executive Chairman of Carol Meyrowitz - Historical records and family trees - MyHeritage 'https' : 'http'; She is the CEO of Oracle Corporation. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. Learn more about Retail. On average, Carol trades about 31,892 units every 45 days since 2003. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. She has formerly served as the President and CEO of Archer Daniels Midland. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. 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. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. Renee also serves as an independent director of Citigroup. 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. Heres how the retailer is doing. 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. Who are Carol Meyrowitzs husband and children? She was previously Executive Vice President of the Chevron Corporation, where she spent 29 years and served as its Executive Vice President of Global Downstream. Carol, eventually, became the companys CEO on 28th January 2007. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. 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. The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. The NSTAC advises the President of the United States. Profit rose from $777 million to $2.2 billion. She has been an executive at Oracle since April 1999, and a board member since 2001. With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. 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. 2023 Forbes Media LLC. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. Trusted information source for millions of people worldwide . Information on this page was last updated on 11/22/2022. 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. Country of residence : Unknown. Ursula M. Burns, is an American businesswoman. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. With the exception of Ms. Meyrowitz, the retail industry is largely void of dynamic leadership. "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. 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. Advisor. 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. "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. This chart shows Carol Meyrowitz's buying and selling at TJX Companies by year and by quarter. id: "314129c3-ef90-45ee-91b6-57c31944f14e", 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 . Here, Rolex Testimonees Jack Nicklaus, Tiger Woods and Scottie Scheffler talk golf and Rolex. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. A graduate of Rider University, Carol Meyrowitz allied TJX in 1983 and by the year 2001, she was already Executive Vice President and Marmaxxs President. 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 2014 she was one of only 24 women who were CEOs of Fortune 500 companies. 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. 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. [2]. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. TJX CEO CarolMeyrowitz is an industry veteran from a retail family that has been with the company for some 30 years. 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. Its buyers are among the savviest in the business, the magazine found, staying on top of trends and moving inventory quickly. In the past Ms. Meyrowitz occupied the position of . Carol Meyrowitz - Biography - MarketScreener.com cb: (new Date()).getTime() Carol Meyrowitz has not been actively trading shares of TJX Companies during the last quarter. 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. I share his dedication to and passion for this Company and consider it a great privilege to succeed him as Chairman of the Board. 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 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. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $16,504,120 as of May 1st. [3] 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. Bob Iger with Mickey Mouse. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. Hermann will retain both titles, president and CEO. 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. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. However, few knows about her personal life. T.J. Maxx seems to have a fast-fashion-esque approach to moving merchandise. Nationality: American. Topics covered: Retail advertising, social media, analytics, personalization, search, video, and more. As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. TJX CEO Carol Meyrowitz is exiting in style - The Boston Globe The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Learn More on Carol Meyrowitz's trading history. 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. Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. In fiscal 2013, the company's revenues and profits both rose by double digits. Age: 57. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. Ms. Meyrowitz received an undergraduate degree from Rider University. 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 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. As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a high note. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. Her professional journey is clearly known to all people. In February 2012, she resigned her employment with Johnson & Johnson after 30 years and was subsequently named as the CEO of Avon Products. 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. Heather Bresch, from a clerk to the CEO of Mylan. Sherilyn S. McCoy is an American scientist and business executive. The TJX International segment includes operations of T.K. 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 [5], Meyrowitz joined TJX Companies in 1983. 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. She is a married woman and John deBairos is her husband.Besides the name, no significant information about her spouse has been revealed. Ms. Meyrowitz serves as Chief Executive Officer of T.J. Maxx, Inc. She served as Advisor of Berkshire Partners, LLC. 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. Currently, she is the founder and CEO of Fable, a curated reading platform focused on mental wellness. Carol Meyrowitz Biography | Booking Info for Speaking Engagements Age : 68. 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. Carol Meyrowitz Net Worth, Biography, and Insider Trading She additionally was Xerox's chairman from 2010 to 2017. Chairman of TJX Companies, the total compensation of Ms Meyrowitz at TJX Companies is $2,969,387. Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. [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. 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. They sold a total of 289,430 shares worth more than $19,199,626.62. The TJX Companies, Inc. Announces Ben Cammarata to Retire from Board of [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes.[2]. For the first time ever, the NHL will take its Global Series to the southern hemisphere this fall. 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. Let Retail Dive's free newsletter keep you informed, straight from your inbox. Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Profit rose from $777 million to $2.2 billion. In 2006 CNN ranked her the 36th most powerful Woman in Business. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. She also serves on the board of directors of Microsoft and Spotify. After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. Location Framingham, Massachusetts, United States. Why Carol Meyrowitz, CEO Of TJX, Is Retailer Of The Year - Forbes 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. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. 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. Carol M. Meyrowitz is the Exec. Here's What Framingham Moms Really Want For Mother's Day! Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. It isn't just one major introduction. This is a BETA experience. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. 20,362 executive movements have been recorded in the last 12 months. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. Carol Meyrowitz is 65, she's been the Executive Chairman of the Board of TJX Companies since 2016. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. You also have the option to opt-out of these cookies. Watches and Wonders, the watch fair that has replaced Baselworld as the event of the year in the Swiss luxury watch calendar, wrapped up a banner year on the weekend. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. 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 made $31 million in her final year at PepsiCo in 2017. TJX Founder Cammarata Retiring After 40 Years With Company Cookie. Carol Meyrowitz - Alchetron, The Free Social Encyclopedia (Photo by Jeff Schear/Getty Images for T.J. Maxx). Virginia Marie "Ginni" Rometty is an American business executive who served as executive chairman of IBM after stepping down as CEO on April 1, 2020. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. This cookie is set by GDPR Cookie Consent plugin. Chairman at TJX Companies. On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. 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. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. As the Executive Chairman of the Board of TJX Companies, the total compensation of Carol Meyrowitz at TJX Companies is $10,495,500.