Enter your email address below to get our daily insider buying and selling report. 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. He also previously served as Chair of The Marmaxx Group, the Companys largest division. One of the most robust businesswomen according to Fortune, Carol is a married woman. She is the CEO of Oracle Corporation. In the last year, insiders at the apparel and home fashions retailer sold shares 11 times. This net worth approximation does not reflect any other assets that Ms. Meyrowitz may own. Get notified the next time Carol Meyrowitz buys or sells TJX Companies stock. 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. You also have the option to opt-out of these cookies. })(document); (function(d) { Carol Meyrowitz - Crunchbase Person Profile 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. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. She additionally was Xerox's chairman from 2010 to 2017. Awards of Carol Meyrowitz, birthday, children and many other facts. The Board also elected Herrman a Director of the Company, effective. Promoting authenticity in the workplace requires acknowledging the challenges it can present for diverse employees. The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. "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. Public records for Carol Meyrowitz, 69 years old. 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. Linked companies : The TJX Companies, Inc. + qs; Profit rose from $777 million to $2.2 billion. Trusted by millions of genealogists since 2003. Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $15,821,508 as of March 23rd. In honor of the beloved comedy legends upcoming 90th birthday, NBC has announced special, Carol Burnett: 90 Years of Laughter + Love. Ms Meyrowitz is 67, she's been the Exec. 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. Most recently she sold 16,223 units of TJX stock worth $1,294,433 on 22 November 2022. Meyrowitz served as President of Marmaxx from 2001 to January 2005. Learn More on Carol Meyrowitz's trading history. Carol M. Meyrowitz is the Exec. Carol M. Meyrowitz is the Exec. 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. Carol Meyrowitz - Historical records and family trees - MyHeritage 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. Maxx chain in Australia. She also serves on the board of directors of Microsoft and Spotify. [11] As of 2014, she is listed as the 76th most powerful woman in the world by Forbes.[2]. Meyrowitz has served as Chief Executive Officer of The TJX Companies, Inc., a retailer of apparel and home fashions, since 2007 and has been a director of TJX since . Maxx stores in Australia. Insiders trading at TJX Companies. 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. Ben founded our business based on the values of acting with integrity, treating each other with respect and dignity, and being a teaching organization. Safra Ada Catz is an American billionaire banker and technology executive. Carol, eventually, became the companys CEO on 28th January 2007. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. [5], Meyrowitz joined TJX Companies in 1983. TJX CEO Carol Meyrowitz is exiting in style - The Boston Globe 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. 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. The Los Angeles Kings and Arizona Coyotes will square off in a pair of preseason games in September. After a year of that, she became BOD member. Location Framingham, Massachusetts, United States. 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 also served as the CEO of NIO USA, an electric car maker. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. Get MarketBeat All Access Free for 30 Days. Meyrowitz - Wikipedia 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. cb: (new Date()).getTime() Renee also serves as an independent director of Citigroup. Learn More on Carol Meyrowitz's contact information. One of the most robust businesswomen according to Fortune, Carol is a married woman. She serves as a director of Amscan Holdings Inc. and . In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. Ernie Herrman to Succeed Carol Meyrowitz at TJX as CEO '", Get the free daily newsletter read by industry experts. Cammaratas experience in off-price retailing spans more than 40 years. Ahrendts left Burberry to join Apple in 2014. Profit rose from $777 million to $2.2 billion. In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. The result has been an enviable level of success in a tough retail environment. . These cookies track visitors across websites and collect information to provide customized ads. Cammarata also was Acting Chief Executive Officer of TJX from September 2005 to January 2007. He will take the helm on January 31, 2016 as CEO. Title. Why Carol Meyrowitz, CEO Of TJX, Is Retailer Of The Year - Forbes Carol Meyrowitz, Board of Directors, NewStore - Topio Networks In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. It was very easy to select my pick for 2015 Retailer of the Year. This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); var params = Information on this page was last updated on 11/22/2022. 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 . [3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. She has served as a board member for UPS since 2003. Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading offprice retailer in the United States. The most recent insider tranaction occured on November, 22nd when Chairman Carol Meyrowitz sold 16,223 shares worth more than $1,294,433.17. Chairman at TJX Companies. }; She retired as executive chairman and a board member effective March 1, 2021. MWRTA Fares Return Next Week With A New Payment System, Framingham Source Publisher Takes Job With City As Publication Shifts. 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. var p = 'https:' == document.location.protocol ? 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 . 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Carol's mailing address filed with the SEC is C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701. In February 2012, she resigned her employment with Johnson & Johnson after 30 years and was subsequently named as the CEO of Avon Products. Language links are at the top of the page across from the title. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. There are 4 older and 15 younger executives at TJX Companies. Ms. Meyrowitz has a vision. 50 Most Powerful Women in Business 2006: Carol Meyrowitz | FORTUNE The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. 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. [5], Meyrowitz joined TJX Companies in 1983. Last year's position: 14. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues. 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. 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. Padmasree Warrior is an Indian-American businesswoman and technology executive. . Previewing Chanel's new watch introductions at Watches and Wonders was like sitting in on one of the brand's couture fashion shows. Meyrowitz commented, Ben Cammarata has helped grow TJX from its infancy to the nearly $30 billion company we are today, and he has been a mentor, partner and friend to me over many years. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman.On average, TJX Companies executives and independent . She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. Columbia . The TJX International segment includes operations of T.K. Carol Meyrowitz Net Worth (2023) | wallmine Most recently, Carol Meyrowitz sold 16,223 shares of the business's stock in a transaction on Tuesday, November 22nd. Maxx and Homesense chains in Europe and the T.K. Learn More about Carol Meyrowitz's net worth. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. Announces Management Changes. Country of residence : Unknown. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide . [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. Carol M. Meyrowitz Net Worth (2023) | wallmine { "The majority of the customers who try us, whether recession or not a recession, do come back," said Meyrowitz. Carol Meyrowitz is 65, she's been the Executive Chairman of the Board of TJX Companies since 2016. Carol Meyrowitz, CEO of T.J. Maxx and Marshalls parent company TJX Cos., will step down on Jan. 31, the company said on Wednesday. Meyrowitz seems to have instituted a savvy approach to its relationship with vendors, according to one of the few in-depth reports on the companyby Fortune magazine's Beth Kowitt. Create a free family tree for yourself or for Carol Meyrowitz and we'll search for valuable new information . 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. 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. As CEO, she focused IBM on analytics, cloud computing, and cognitive computing systems. 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. Topics covered: brand launches, expansion opportunities, partnerships, startup trends, funding, and more. In 2014 Forbes Magazine listed Ms. Meyrowitz as the 76th most powerful woman in the world. var s = d.createElement('script'); s.type='text/javascript';s.async=true; 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.. Real-Time Leadership Lessons with Carol Kauffman and David Noble I recently met with Carol Kauffman, co-author with David Noble of Real-Time Leadership: Find Your Winning Moves When the Stakes Are High. Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirementas expected, the company said. "It's a very important part of our relationship.. Ms. Meyrowitz was President of TJX from October 2005 to January 2011. [1] In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. var s = d.createElement('script'); s.type='text/javascript';s.async=true; Trusted information source for millions of people worldwide . Carol Meyrowitz, TJX Companies Inc: Profile and Biography His retirement will be effective on the date of the Companys next annual meeting of stockholders, June 11, 2015. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. Learn More about Carol Meyrowitz's net worth. 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. About Carol Meyrowitz. 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. She is also an Operating Executive with The Carlyle Group in its Media and Technology practice. 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. TJX CEO Carol Meyrowitz to step down | Retail Dive 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. In 2006 CNN ranked her the 36th most powerful Woman in Business. 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. 2023 Forbes Media LLC. [2] As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune . var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Her professional journey is clearly known to all people. She served as an Advisor of TJX Companies Inc. from January 21, 2005 to October 2005. Carol Meyrowitz. Explore historical records and family tree profiles about Carol Meyrowitz on MyHeritage, the world's family history network. Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. Carol B. Tom is an American business executive who is currently the Chief Executive Officer of United Parcel Service (UPS). d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", member. She serves on the boards of several organizations. On average, Carol trades about 31,892 units every 45 days since 2003. 'https' : 'http'; Low-profile and high-impact continue to define the career of Carol Meyrowitz. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. 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. Resides in Cambridge, MA Metropolitan Area. . Join thousands of other investors who make better investing decisions with our premium tools. 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. 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. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. [7], However, Meyrowitz became president on October 17, 2005; [1] additionally, she became a member of the board of directors on September 7, 2006. The cookies is used to store the user consent for the cookies in the category "Necessary". Its buyers are among the savviest in the business, the magazine found, staying on top of trends and moving inventory quickly. Heineman Outperforms Travel Retail Rivals With 81% Growth To $4.2 Billion In 2022, Airport Retail Confectionery Firsts From Oreo And Lindt, Both With Live Chefs, Consumer Demand Is Slowing, Good For Government Policy Wonks, Bad For Retailers, An Exclusive Retail Service Experience Is At The Center Of CB2's New Design Shop, Whats Working - And Not - In Mobile Commerce (Part 1 Of 2). Ernie Herrman, who was named president of the company in 2011 . Porat was CFO and executive vice president of Morgan Stanley, from January 2010 to May 2015. Also Known As Carol M. Meyrowitz. 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. Sign up for free Patch newsletters and alerts. Opinions expressed by Forbes Contributors are their own. At TJX Companies, Carol Meyrowitz has 56 colleagues including Ernie Herrman (CEO), Jose Alvarez (Director) . She made $31 million in her final year at PepsiCo in 2017. Retiring CEO Carol Meyrowitz is, without doubt, my pick for Retailer of the Year. Topics covered: supply chain and logistics, sourcing, real estate, merchandising, and more. 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. Mentions about a name: Carol Meyrowitz Carol Meyrowitz Public Records Carol Meyrowitz age 68 Lived in: In the many times I asked a retail CEO what is your vision for your company; I have received few good answers. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. Age: 57. 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. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" 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. Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's . I wish her continued success, good health and happiness in the New Year. I cover major developments in the retail industry. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. Carol Meyrowitz salary, net worth & education background - eCelebrityFacts (Photo by Jeff Schear/Getty Images for T.J. Maxx). 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. 20,362 executive movements have been recorded in the last 12 months. 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. She also previously held senior management positions with Chadwicks of Boston and Hit or Miss, former divisions of TJX. Peter Solomon, a leading investment banker to the retail industry for several decades, has called TJX the most under-appreciated retail company of the past 30 years. 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