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TJX Companies Inc (TJX.N)

TJX.N on New York Stock Exchange

57.02USD
23 Oct 2020
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Summary

Name Age Since Current Position

Carol Meyrowitz

65 2016 Executive Chairman of the Board

Ernie Herrman

58 2016 President, Chief Executive Officer, Director

Scott Goldenberg

65 2014 Chief Financial Officer, Senior Executive Vice President

Kenneth Canestrari

57 2014 Senior Executive Vice President, Group President

Douglas Mizzi

59 2018 Senior Executive Vice President, Group President

Richard Sherr

62 2012 Senior Executive Vice President, Group President

John O'Brien

76 Lead Independent Director

Jose Alvarez

57 2020 Director

Zein Abdalla

61 2012 Independent Director

Alan Bennett

69 2007 Independent Director

Rosemary Berkery

66 2018 Independent Director

David Ching

66 2007 Independent Director

Michael Hines

64 2007 Independent Director

Amy Lane

67 2005 Independent Director

Jackwyn Nemerov

67 2016 Independent Director

Willow Shire

71 1995 Independent Director

Biographies

Name Description

Carol Meyrowitz

Ms. 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. 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. 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. 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. From 1983 to 2001, Ms. Meyrowitz held various senior management and merchandising positions with Marmaxx and with Chadwick’s of Boston and Hit or Miss, former divisions of TJX.

Ernie Herrman

Mr. Ernie L. Herrman is President, Chief Executive Officer, Director of The TJX Companies, Inc. Mr. Herrman has been Chief Executive Officer of TJX since January 2016, a director since October 2015, and President since January 2011. He served as Senior Executive Vice President, Group President from August 2008 to January 2011, with responsibilities for Marmaxx, HomeGoods, and TJX Canada; President of Marmaxx from 2005 to 2008; and Senior Executive Vice President, Chief Operating Officer of Marmaxx from 2004 to 2005. From 1989 to 2004, he held various merchandising positions with TJX. As Chief Executive Officer and President of TJX, and through the many other positions Mr. Herrman has held with the Company, Mr. Herrman has a deep understanding of TJX and broad experience in all aspects of off-price retail, including merchandising, management, leadership development, business strategy, international operations, marketing, real estate, buying, and distribution.

Scott Goldenberg

Mr. Scott Goldenberg is Chief Financial Officer, Senior Executive Vice President of The TJX Companies, Inc. Mr. Goldenberg was Executive Vice President and Chief Financial Officer from January 2012 to April 2014. Executive Vice President, Finance from June 2009 to January 2012. Senior Vice President, Corporate Controller from 2007 to 2009 and Senior Vice President, Director of Finance, Marmaxx, from 2000 to 2007. Various financial positions with TJX from 1983 to 1988 and 1997 to 2000.

Kenneth Canestrari

Mr. Kenneth Canestrari is a Senior Executive Vice President, Group President of The TJX Companies, Inc. He was President, HomeGoods from 2012 to September 2014. Executive Vice President, Chief Operating Officer, HomeGoods from 2008 until 2012. Various financial positions with TJX from 1988 to 2008.

Douglas Mizzi

Mr. Douglas W. Mizzi serves as Senior Executive Vice President, Group President of the company since February 2018. He was President, TJX Canada from October 2011 to February 2018. Managing Director T.K. Maxx, UK from April 2010 to October 2011. Executive Vice President, Chief Operating Officer, WMI from February 2006 to April 2010. Senior Vice President, Director of Store Operations, WMI from 2004 to 2006. Various store operations positions with TJX from 1988 to 2004.

Richard Sherr

Mr. Richard Sherr is a Senior Executive Vice President, Group President of The TJX Companies, Inc. He was President, HomeGoods from 2010 to 2012. Chief Operating Officer, Marmaxx from 2007 until 2010. Various merchandising positions at TJX from 1992 to 2007.

John O'Brien

Mr. John F. O'Brien is a Lead Independent Director of the Company. Mr. O’Brien is the retired Chief Executive Officer and President of Allmerica Financial Corporation (now The Hanover Insurance Group, Inc.), an insurance and diversified financial services company, holding those positions from 1995 to 2002. Mr. O’Brien previously held executive positions at Fidelity Investments, an asset management firm, including Group Managing Director of FMR Corporation, Chairman of Institutional Services Company, and Chairman of Brokerage Services, Inc. Mr. O’Brien has substantial executive experience with two financial services businesses, providing him with expertise including general management and oversight with respect to strategy, financial planning, insurance, operations, finance, and capital structure. Mr. O’Brien is also a director of Cabot Corporation and a director of LKQ Corporation. He served as a director of a family of registered mutual funds managed by BlackRock, Inc., an investment management advisory firm, from 2004 until December 2018.

Jose Alvarez

Mr. Jose B. Alvarez serves as Director of the Company. He is a member of the faculty of Harvard Business School, which he joined in 2009. He was the Executive Vice President for Global Business Development for Royal Ahold N.V., a global supermarket retail company in 2008. From 2001 to 2008, he held various executive positions with Stop & Shop/Giant-Landover, Ahold's U.S. subsidiary, including President and Chief Executive Officer of Stop & Shop/Giant-Landover from 2006-2008. He has also been a member of the board of directors of United Rentals, Inc. since 2009.

Zein Abdalla

Mr. Zein Abdalla is an Independent Director of the Company. Mr. Abdalla was the President of PepsiCo, Inc., a leading global food, snack, and beverage company, from September 2012 through his retirement in December 2014, prior to which he served as CEO of PepsiCo Europe, a division of PepsiCo, starting in November 2009 and as President, PepsiCo Europe Region starting in January 2006. Mr. Abdalla previously held a variety of senior positions at PepsiCo since he joined that company in 1995, including as General Manager of PepsiCo’s European Beverage Business, General Manager of Tropicana Europe, and Franchise Vice President for Pakistan and the Gulf region. Mr. Abdalla’s executive experience with a large global company has given him expertise in corporate management, including in emerging markets, operations, brand management, distribution, and global strategy.

Alan Bennett

Mr. Alan M. Bennett is an Independent Director of the Company. Mr. Bennett served as the President and Chief Executive Officer of H&R Block, Inc., a tax services provider, from July 2010 until his retirement in May 2011 and was previously Interim Chief Executive Officer from November 2007 through August 2008. He was Senior Vice President and Chief Financial Officer and a Member of the Office of the Chairman of Aetna Inc., a diversified healthcare benefits company, from 2001 to 2007, and previously held other senior financial management positions at Aetna after joining in 1995. Mr. Bennett held various senior management roles in finance and sales/marketing at Pirelli Armstrong Tire Corporation, formerly Armstrong Rubber Company, from 1981 to 1995 and began his career with Ernst & Ernst (now Ernst & Young LLP).

Rosemary Berkery

Ms. Rosemary T. Berkery is Independent Director of the company. Ms. Berkery was Chairman of UBS Bank USA and Vice Chairman of UBS Wealth Management Americas, a bank and wealth management firm, from March 2010 until April 2018, also serving as CEO of UBS Bank USA from March 2010 to December 2015. Before joining UBS, she held a variety of roles over more than 25 years at Merrill Lynch & Co., Inc., until her departure in January 2009, including Executive Vice President and General Counsel from 2001 and Vice Chairman from 2007. Her long career as a senior executive in the financial services industry provides her with expertise in finance, investment strategies, and management of complex organizations, as well as significant experience in governance, compliance, and risk assessment and oversight.

David Ching

Mr. David T. Ching is an Independent Director of The TJX Companies, Inc. Mr. Ching was Senior Vice President and Chief Information Officer for Safeway Inc., a food and drug retailer, from 1994 to January 2013 and has consulted through DTC Associates LLC, focusing on management consulting and technology services, since 2013. Previously, Mr. Ching was the General Manager for British American Consulting Group, a software and consulting firm focusing on the distribution and retail industry. He also worked for Lucky Stores Inc., a subsidiary of American Stores Company from 1979 to 1993, including serving as the Senior Vice President of Information Systems.

Michael Hines

Mr. Michael F. Hines is an Independent Director of the Company. Mr. Hines served as Executive Vice President and Chief Financial Officer of Dick’s Sporting Goods, Inc., a sporting goods retailer, from 1995 to March 2007. From 1990 to 1995, he held management positions with Staples, Inc., an office products retailer, most recently as Vice President, Finance. Mr. Hines spent 12 years in public accounting, the last eight years with the accounting firm Deloitte & Touche LLP. Mr. Hines’ experience as a financial executive and certified public accountant provides him with expertise in the retail industry including accounting, controls, financial reporting, tax, finance, risk management, and financial management.

Amy Lane

Ms. Amy Beth Lane is an Independent Director of the Company. Ms. Lane was a Managing Director and Group Leader of the Global Retailing Investment Banking Group at Merrill Lynch & Co., Inc., from 1997 until her retirement in 2002. Ms. Lane previously served as a Managing Director at Salomon Brothers, Inc., where she founded and led the retail industry investment banking unit. Ms. Lane’s experience as the leader of two investment banking practices covering the global retailing industry has given her substantial experience with financial services, capital markets, finance and accounting, capital structure, acquisitions, and divestitures in that industry as well as management, leadership, and strategy.

Jackwyn Nemerov

Ms. Jackwyn L. Nemerov serves as an Independent Director of the Company. Ms. Nemerov was the President and Chief Operating Officer of Ralph Lauren Corporation, a global leader in premium lifestyle products, from November 2013 until November 2015. She served as Executive Vice President of Ralph Lauren Corporation from September 2004 until October 2013 and was a member of Ralph Lauren Corporation’s board of directors from 2007 until September 2015. Prior to her tenure there, she held multiple positions in the retail industry, including President and Chief Operating Officer of the Jones Apparel Group from 1998 to 2002. Ms. Nemerov’s extensive retail, brand management and operations experience, as well as her related management positions in the apparel and retail industry, provide her with valuable expertise in supply chain management, manufacturing, merchandising, and licensing in the retail industry.

Willow Shire

Ms. Willow B. Shire is an Independent Director of The TJX Companies, Inc. Ms. Shire was an executive consultant with Orchard Consulting Group from 1994 to January 2015, specializing in leadership development and strategic problem solving. Previously, she was Chairperson of the Computer Systems Public Policy Project within the National Academy of Science. She also held various positions at Digital Equipment Corporation, a computer hardware manufacturer, for 18 years, including Vice President and Officer, Health Industries Business Unit. Through her consulting experience and prior business experience, Ms. Shire brings expertise in leadership development, talent assessment, change management, human resources and development practices, cultural assessment, and strategic problem solving.

Basic Compensation

Name Fiscal Year Total

Carol Meyrowitz

10,495,500

Ernie Herrman

19,083,700

Scott Goldenberg

6,672,440

Kenneth Canestrari

5,603,300

Douglas Mizzi

--

Richard Sherr

7,596,300

John O'Brien

278,802

Jose Alvarez

93,821

Zein Abdalla

266,000

Alan Bennett

322,412

Rosemary Berkery

275,000

David Ching

299,000

Michael Hines

286,000

Amy Lane

283,000

Jackwyn Nemerov

268,000

Willow Shire

278,000
As Of  1 Feb 2020