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[3], Born to a Jewish family, [4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Learn More about Carol Meyrowitz's net worth. 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. "It's a very important part of our relationship.. Ben has put his heart and soul into this business, and I am delighted that he is remaining with us in an advisory role and we will continue to benefit from his extensive knowledge and experience. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. [1] As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. 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. [2]. ET, As T.J. Maxx parent surpasses Macy's, CEO Carol Meyrowitz steps down on a very high note. Ruth Porat is a British-American business executive, serving since 2015 as the chief financial officer (CFO) of Alphabet Inc. and its subsidiary Google. Analytical cookies are used to understand how visitors interact with the website. Carol was listed as the 2nd top female CEOs of the world, falling just behind the CEO of Mondelez International, Irene Rosenfeld. She previously served as chairman, president and CEO of IBM, becoming the first woman to head the company. [10] In 2009, Forbes ranked her 24th in their list of the 100 Most Powerful Women. Safra Ada Catz is an American billionaire banker and technology executive. 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. 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: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", She had previously served as chairman, president and CEO from January 2013 to June 2020. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. [3], Born to a Jewish family,[4] Meyrowitz graduated from Rider University with a bachelor's in marketing and management. Suzanne Kreiter/Globe Staff/2013 File More on Globe.com. Maxx stores in Australia. Former employees say that the stuff moves so rapidly that merchandise is often sold before TJX has paid its vendors for it, writes Kowitt. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Possible relatives for Carol Meyrowitz include Danielle Debairos, Ariel Debairos, John Debairos and several others. var s = d.createElement('script'); s.type='text/javascript';s.async=true; 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. 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 . About Carol Meyrowitz. 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. Carol Meyrowitz - Biography - MarketScreener.com 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. 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. Learn More about Carol Meyrowitz's net worth. 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. Marillyn Adams Hewson is an American businesswoman, and the strategic advisor to the CEO of aerospace and defense manufacturing company Lockheed Martin. 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. The department store insists its on a strong financial footing, but filings show ongoingvolatility under its post-bankruptcy ownership. As of 22 November 2022 she still owns at least 209,390 units of TJX Companies stock. 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. 20,362 executive movements have been recorded in the last 12 months. [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. Information on this page was last updated on 11/22/2022. "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. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. 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. var params = On average, TJX Companies executives and independent directors trade stock every 16 days with the average trade being worth of $2,680,747. Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company from 2011 through 2018. This cookie is set by GDPR Cookie Consent plugin. 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 . Columbia . Shell serve as executive chairman for at least three years after she steps down. Just as TJXs CEO, she holds over 3,300 discount retailer stores like Marshalls, Homegoods and T.J. Maxx in six different countries. In the past Ms. Meyrowitz occupied the position of . As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Ms Meyrowitz is 67, she's been the Exec. 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. These are values that remain core to 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. Sherilyn S. McCoy is an American scientist and business executive. Sign up for free Patch newsletters and alerts. 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. You may opt-out by. 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 most recent stock trade was executed by Louise Greenlees on 22 November 2022, trading 6,708 units of TJX stock currently worth $536,573. Carol Meyrowitz's story is a classic tale of the American dream - rising from working as an . Public records for Carol Meyrowitz, 69 years old. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. 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. The corporate mailing address for Ms. Meyrowitz and other TJX Companies executives is 770 Cochituate Road, FRAMINGHAM MA, 01701. T.J. Maxx and Marshalls together constitute The Marmaxx Group, which last year was responsible for $18.69 million in revenues, or nearly 65 percent of the company's total. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. Have a video report prepared by Financial News Network in 2012 which state that the companies increment in total October sales. Carol Meyrowitz. Advisor. She lives in Lincoln, Massachusetts. The cookie is used to store the user consent for the cookies in the category "Performance". 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. 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. Cammaratas experience in off-price retailing spans more than 40 years. CEO Carol Meyrowitz expected to be elected TJX Chair of the Board in June. Carol Meyrowitz detail biography, family, facts and date of birth. You also have the option to opt-out of these cookies. 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. 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. Carol has made over 28 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. This is a BETA experience. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J. Maxx, Homegoods and Marshalls. In the Retail industry, Carol Meyrowitz has 39,793 colleagues in 2,619 companies located in 86 countries. 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. 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. 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. 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. Meyrowitz is also a director of Staples, Inc. 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. Carol Meyrowitz - Alchetron, The Free Social Encyclopedia Her successor is the current president Ernie Herrman. 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. As the Chairman of The TJX Companies, Inc., Ms. Meyrowitz earned a total compensation package of $16,538,421.00 in 2022. I cover major developments in the retail industry. wid: "587938", Indra Nooyi is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. 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. It's one blockbuster after another, with each new creation as gasp-inducing as the last. She serves on the boards of several organizations. Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. Ernie Herrman, who was named president of the company in 2011 . The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. Hermann will retain both titles, president and CEO. 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. However, few knows about her personal life. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Carol Meyrowitz Phone Number, Address, Age, Contact Info, Public Ms. Meyrowitz owns 209,390 shares of TJX Companies stock worth more than $16,504,120 as of May 1st. 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. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016. Ms. Meyrowitz has a vision. id: "314129c3-ef90-45ee-91b6-57c31944f14e", But opting out of some of these cookies may affect your browsing experience. 2023 Forbes Media LLC. Carol Meyrowitz is 65, she's been the Executive Chairman of the Board of TJX Companies since 2016. Framingham State Student Newspaper Honored With SPJ Awards, Framingham State Names Next Dean of the College of Arts & Humanities, The Framingham Mayor's Sparse FY24 Budget Submission, Book Talk with Pulitzer Prize Winner Erin I. Kelly and Patsy Rembert, Electronics Recycling and Document Shredding Event, Indigenous People, Solar Power, and the Future of Climate Change. 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 . Carol has been with the Company for 33 years and CEO for nine years, and a great deal of TJXs success is attributed to her leadership, strategic vision, and many contributions to our Company. After a year of that, she became BOD member. Carol Meyrowitz for nine years led the parent company of T.J. Maxx, Marshalls, and HomeGoods, during which time sales soared 67 percent. Her leadership in her company, and the retail industry, is a real achievement. At that time, he was named President and Chief Executive Office of TJX, and served in that position until 2000. 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. TJX CEO is stepping down next year, ending a stellar run | Fortune Since she held the position, the sales of the company have erected to 10 percent and the price of companys stock has almost tripled. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. She founded Ampere Computing in October 2017, is currently its Chairman and CEO. Learn More about insider trades at TJX Companies. Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. Mentions about a name: Carol Meyrowitz Carol Meyrowitz Public Records Carol Meyrowitz age 68 Lived in: Carol Meyrowitz Biography, Birthday, Awards and Family - Kidpaw Chairman at TJX Companies. 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. J.C. Penney hasnt had to release its finances since 2020. Framingham-based TJX Companies, Inc. , an off-price retailer of apparel and home fashions in the U.S. and worldwide . Carol Meyrowitz salary, net worth & education background - eCelebrityFacts "It's almost the 'aha.' 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. Profit rose from $777 million to $2.2 billion. [1] [6] [8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. Chart Data in Insider Trading History Table. Chairman of TJX Companies since . Carol Meyrowitz, current Chairman and CEO, 61, will become Executive Chairman of the Board at the time of the CEO transition. The shares were sold at an average price of $79.79, for a transaction totalling $1,294,433.17. [7], However, Meyrowitz became president on October 17, 2005; [1] additionally, she became a member of the board of directors on September 7, 2006. In March 2004, she gripped the responsibility of Senior Executive Vice President. Carol M. Meyrowitz Net Worth (2023) | wallmine Padmasree Warrior is an Indian-American businesswoman and technology executive. . This Under-the-Radar Company Is Perfectly Positioned to Become a Giant in the Post-Fossil Fuel Age. As CEO of TJX, she leads more than 3,000 discount retail stores in six countries, including T.J . Announces Management Changes. 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. These cookies ensure basic functionalities and security features of the website, anonymously. I congratulate Carol Meyrowitz on her achievements as CEO of TJX Companies. The estimated Net Worth of Carol Meyrowitz is at least $117 Million dollars as of 22 November 2022. 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. 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. See Carol Meyrowitz's spouse, children, sibling and parent names. Carol Meyrowitz - Biography - MarketScreener.com After his retirement from the Board, Cammarata will remain with the Company in an advisory role as Founder and Executive Advisor. The company was founded by Bernard Cammarata in 1976 and is headquartered in Framingham, MA. 'https' : 'http'; Carol Meyrowitz Net Worth (2023) | wallmine 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. . The bold and talented lady Caril Meyrowitz is expected to have been spending a happy family life with husband John deBairos and 2 children. He says, many retailers have embraced the off-price concept. Leadership requires a bold vision of where a company should be in 10 and 20 years. 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. 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. Enter your email address below to get our daily insider buying and selling report. [5], Meyrowitz joined TJX Companies in 1983. There are 1 executives at TJX Companies getting paid more, with ErnieHerrman having the highest compensation of $19,083,700. Meyerowitz (disambiguation) This page was last edited on 11 December 2019, at 04:22 . Title. Currently, she is the founder and CEO of Fable, a curated reading platform focused on mental wellness. All Rights Reserved. Last year's position: 14. [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 Meyrowitz - WikiMili, The Best Wikipedia Reader Awards of Carol Meyrowitz, birthday, children and many other facts. The TJX Cos., Inc. engages in the retail of apparel and home fashion products. 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. Ms. Meyrowitz TJX stock SEC Form 4 insiders trading. Heather Bresch, from a clerk to the CEO of Mylan. Carol Meyrowitz has not been actively trading shares of TJX Companies during the last quarter. One of the most robust businesswomen according to Fortune, Carol is a married woman. The estimated net worth of Carol Meyrowitz is at least $16.50 million as of November 22nd, 2022. In the many times I asked a retail CEO what is your vision for your company; I have received few good answers. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. 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 . Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. Location: US. It was very easy to select my pick for 2015 Retailer of the Year. She retired from the position in 2017. Columbia University Professor Mark Cohen, a former CEO of a major US retailer, commented on TJXs sustainable growth in face of growing off-price competition. Carol Meyrowitz Biography | Booking Info for Speaking Engagements 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). Announces Election of Ernie Herrman to CEO; Carol Meyrowitz Becomes Executive Chairman", "5 0 Most Powerful Women in Business 2006: Carol Meyrowitz". Language links are at the top of the page across from the title. As of 2014 she was one of only 24 women who were CEOs of Fortune 500 companies. 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. Rene J. James is an American technology executive, who was formerly the president of Intel. Carol Meyrowitz is Chairman at TJX Companies Inc. See Carol Meyrowitz's compensation, career history, education, & memberships. 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. Cammarata, 75,has been Chair of the Board of TJX since 1999. Biography of Carol Meyrowitz. Carol, eventually, became the companys CEO on 28th January 2007. Carol Meyrowitz Net Worth, Biography, and Insider Trading Maxx and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 62 T.K. In fiscal 2013, the company's revenues and profits both rose by double digits. Carol Meyrowitz, TJX Companies Inc: Profile and Biography