TJX Companies Management

Management criteria checks 3/4

TJX Companies' CEO is Ernie Herrman, appointed in Jan 2011, has a tenure of 13.83 years. total yearly compensation is $22.22M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.048% of the company’s shares, worth €61.10M. The average tenure of the management team and the board of directors is 7.8 years and 8.5 years respectively.

Key information

Ernie Herrman

Chief executive officer

US$22.2m

Total compensation

CEO salary percentage	7.8%
CEO tenure	13.8yrs
CEO ownership	0.05%
Management average tenure	7.8yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ernie Herrman's remuneration changed compared to TJX Companies's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 03 2024	n/a	n/a	US$5b
May 04 2024	n/a	n/a	US$5b
Feb 03 2024	US$22m	US$2m	US$4b
Oct 28 2023	n/a	n/a	US$4b
Jul 29 2023	n/a	n/a	US$4b
Apr 29 2023	n/a	n/a	US$4b
Jan 28 2023	US$21m	US$2m	US$3b
Oct 29 2022	n/a	n/a	US$3b
Jul 30 2022	n/a	n/a	US$3b
Apr 30 2022	n/a	n/a	US$3b
Jan 29 2022	US$32m	US$2m	US$3b
Oct 30 2021	n/a	n/a	US$3b
Jul 31 2021	n/a	n/a	US$3b
May 01 2021	n/a	n/a	US$2b
Jan 30 2021	US$15m	US$1m	US$90m
Oct 31 2020	n/a	n/a	US$750m
Aug 01 2020	n/a	n/a	US$711m
May 02 2020	n/a	n/a	US$2b
Feb 01 2020	US$19m	US$2m	US$3b
Nov 02 2019	n/a	n/a	US$3b
Aug 03 2019	n/a	n/a	US$3b
May 04 2019	n/a	n/a	US$3b
Feb 02 2019	US$19m	US$2m	US$3b
Nov 03 2018	n/a	n/a	US$3b
Aug 04 2018	n/a	n/a	US$3b
May 05 2018	n/a	n/a	US$3b
Feb 03 2018	US$17m	US$2m	US$3b

Compensation vs Market: Ernie's total compensation ($USD22.22M) is above average for companies of similar size in the Austrian market ($USD4.29M).

Compensation vs Earnings: Ernie's compensation has been consistent with company performance over the past year.

CEO

Ernie Herrman (63 yo)

13.8yrs

Tenure

US$22,222,769

Compensation

Mr. Ernie L. Herrman has been the President of The TJX Companies, Inc. since January 2011 and has been its Chief Executive Officer since January 31, 2016 and Director since October 7, 2015. Mr. Herrman ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Carol Meyrowitz	Executive Chairman	18.2yrs	US$11.39m	0.015% € 19.4m
Ernie Herrman	CEO, President & Director	13.8yrs	US$22.22m	0.048% € 61.1m
John Klinger	Senior Executive VP & CFO	1.8yrs	US$3.58m	0.0038% € 4.8m
Douglas Mizzi	Senior EVP & Group President	6.8yrs	US$6.73m	0.020% € 26.2m
Bernard Cammarata	Founder & Executive Advisor	no data	US$1.43m	no data
Jeff Botte	Vice President of Investor Relations	no data	no data	no data
Alicia Kelly	Executive VP	no data	no data	no data
Debra McConnell	Senior Vice President of Global Communications	no data	no data	no data
Kenneth Canestrari	Senior EVP & Group President	10.2yrs	US$6.00m	0.0089% € 11.4m
Louise Greenlees	Senior EVP & Group President	2.4yrs	no data	0.0040% € 5.1m
Erica Farrell	Senior VP of Finance & Treasurer	no data	no data	no data
Peter Benjamin	President of Marmaxx	no data	no data	no data

7.8yrs

Average Tenure

63yo

Average Age

Experienced Management: TJXC's management team is seasoned and experienced (7.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Carol Meyrowitz	Executive Chairman	18.2yrs	US$11.39m	0.015% € 19.4m
Ernie Herrman	CEO, President & Director	9.1yrs	US$22.22m	0.048% € 61.1m
Tai Ching	Independent Director	17.4yrs	US$334.00k	0.00083% € 1.1m
Jackwyn Nemerov	Independent Director	8yrs	US$315.00k	0.00011% € 141.4k
Alan Bennett	Lead Independent Director	17.2yrs	US$373.00k	0.00071% € 912.6k
Amy Lane	Independent Director	19.1yrs	US$323.24k	0.0026% € 3.4m
Rosemary Berkery	Independent Director	6.2yrs	US$327.54k	0.0010% € 1.3m
Charles Wagner	Independent Director	1.2yrs	US$171.87k	0.000060% € 77.1k
C. Goodwin	Independent Director	4.1yrs	US$309.30k	0.00073% € 938.3k
Jose Alvarez	Independent Director	4.2yrs	US$303.00k	0.00015% € 192.8k

8.5yrs

Average Tenure

70.5yo

Average Age

Experienced Board: TJXC's board of directors are considered experienced (8.5 years average tenure).

TJX Companies Management

Management criteria checks 3/4

Key information

Recent management updates

CEO, President & Director recently sold €1.6m worth of stock

CEO, President & Director recently sold €2.2m worth of stock

The TJX Companies, Inc. Appoints David T. Ching as Director

Senior EVP & Group President recently sold €1.0m worth of stock

CEO, President & Director recently sold €1.9m worth of stock

CEO, President & Director recently sold €1.8m worth of stock

Recent updates

Upcoming dividend of US$0.38 per share

Second quarter dividend of US$0.38 announced

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable December 5, 2024

CEO, President & Director recently sold €1.6m worth of stock

CEO, President & Director recently sold €2.2m worth of stock

Second quarter 2025 earnings released: EPS: US$0.96 (vs US$0.86 in 2Q 2024)

The TJX Companies, Inc. (NYSE:TJX) signs an agreement to acquire 35% stake in Brands for Less (BFL) FZCO for $360 million.

Upcoming dividend of US$0.38 per share

First quarter dividend of US$0.38 announced

The TJX Companies, Inc. Appoints David T. Ching as Director

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable on September 5, 2024

Senior EVP & Group President recently sold €1.0m worth of stock

CEO, President & Director recently sold €1.9m worth of stock

The TJX Companies, Inc. Raises Consolidated Earnings Guidance for the Full Year of Fiscal 2025

First quarter 2025 earnings released: EPS: US$0.93 (vs US$0.77 in 1Q 2024)

Upcoming dividend of US$0.38 per share

Fourth quarter dividend of US$0.38 announced

Full year 2024 earnings released: EPS: US$3.90 (vs US$3.00 in FY 2023)

CEO, President & Director recently sold €1.8m worth of stock

CEO, President & Director recently sold €1.8m worth of stock

The TJX Companies, Inc. Provides Earnings Guidance for the First Quarter and Full Fiscal Year 2025

Full year 2024 earnings released: EPS: US$3.86 (vs US$3.00 in FY 2023)

The TJX Companies, Inc. Provides Quarterly Dividend Guidance

Upcoming dividend of US$0.33 per share at 1.4% yield

The TJX Companies, Inc. Announces Executive Change

The TJX Companies, Inc. to Report Q1, 2025 Results on May 22, 2024

CEO, President & Director recently sold €1.4m worth of stock

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable on March 07, 2024

CEO, President & Director recently sold €2.9m worth of stock

The TJX Companies, Inc. Revises Earnings Guidance for the Fiscal Year Ending February 3, 2024

Third quarter 2024 earnings released: EPS: US$1.03 (vs US$0.92 in 3Q 2023)

Insufficient new directors

The TJX Companies, Inc. Elects Charles F. Wagner, Jr. to Board of Directors

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable on November 30, 2023

Executive Chairman recently sold €5.4m worth of stock

CEO, President & Director recently sold €3.7m worth of stock

The TJX Companies, Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year Ending February 3, 2024

Second quarter 2024 earnings released: EPS: US$0.85 (vs US$0.69 in 2Q 2023)

Upcoming dividend of US$0.33 per share at 1.5% yield

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable on August 31, 2023

Insider recently sold €1.9m worth of stock

The TJX Companies, Inc. Revises Earnings Guidance for the Year Ending February 3, 2024

The Tjx Companies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Fiscal 2024

First quarter 2024 earnings released: EPS: US$0.77 (vs US$0.50 in 1Q 2023)

Upcoming dividend of US$0.33 per share at 1.7% yield

Full year 2023 earnings released: EPS: US$3.00 (vs US$2.74 in FY 2022)

Full year 2023 earnings released: EPS: US$2.97 (vs US$2.74 in FY 2022)

Upcoming dividend of US$0.29 per share at 1.4% yield

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable March 2, 2023

Executive Chairman recently sold €3.0m worth of stock

An unknow buyer acquired 25% stake in Gruppa Kompaniy Familia, LLC from The TJX Companies, Inc. (NYSE:TJX).

Third quarter 2023 earnings released: EPS: US$0.91 (vs US$0.85 in 3Q 2022)

The Tjx Companies, Inc. Announces Resignation of John F. O’Brien from the Board

Upcoming dividend of US$0.29 per share

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend, Payable on December 1, 2022

CEO, President & Director recently sold €3.3m worth of stock

Executive Chairman recently sold €4.7m worth of stock

Second quarter 2023 earnings released: EPS: US$0.69 (vs US$0.65 in 2Q 2022)

The TJX Companies, Inc. Provides Earnings Guidance for the Third and Fourth Quarter of 2023

Upcoming dividend of US$0.29 per share

The TJX Companies, Inc.(NYSE:TJX) dropped from Russell 1000 Dynamic Index

The TJX Companies, Inc. Announces Quarterly Dividend, Payable on September 1, 2022

Senior EVP & Group President recently sold €2.7m worth of stock

Senior EVP & Group President recently sold €2.1m worth of stock

The TJX Companies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2023

First quarter 2023 earnings released: EPS: US$0.49 (vs US$0.44 in 1Q 2022)

The TJX Companies, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023 and Full Fiscal Year 2023

Upcoming dividend of US$0.29 per share

the Tjx Companies, Inc. Announces Increase in Common Stock Dividend, Payable June 2, 2022