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Carol Meyrowitz at the helm of home fashions retailer TJX

07
Oct '05
Apparel & home fashions discount retailer The TJX Companies Inc announced that Carol Meyrowitz, 51, has been named President of The TJX Companies, effective October 17, 2005.

Ms. Meyrowitz has extensive experience as an off-price executive, having previously served as Senior Executive Vice President (VP) of TJX and President of The Marmaxx Group, the Company's largest division. Since January 2005, she has served in an advisory role in consulting for TJX and for Berkshire Partners L.L.C., a private equity firm based in Boston.

Bernard (Ben) Cammarata, 65, Chairman of the Board, who was named Acting President and CEO in September 2005, will continue to serve as Acting CEO until a permanent CEO is named.

Mr. Cammarata commented that he is delighted that Carol Meyrowitz has been named President of the Company. In Carol, they have an extremely creative merchant with great strategic vision, leadership ability, and operational experience, as well as extensive off-price expertise and knowledge of TJX.

She will be a tremendous leader as we drive the successful growth of this Company in the short and long term. They look forward to working with Carol again, as she takes on the role of President, and they welcome her back as a TJX executive.

Ms. Meyrowitz stated that he is very excited to be taking on this new responsibility. This is a great Company that he knows well, with great people, a long history of success and significant growth potential. He very much enjoyed my experience with the talented people and quality organization of Berkshire Partners.


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