TJX Companies Management
Management criteria checks 3/4
TJX Companies' CEO is Ernie Herrman, appointed in Jan 2011, has a tenure of 13.92 years. total yearly compensation is $22.22M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth €59.36M. The average tenure of the management team and the board of directors is 7.9 years and 8.6 years respectively.
Key information
Ernie Herrman
Chief executive officer
US$22.2m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 13.9yrs |
| CEO ownership | 0.05% |
| Management average tenure | 7.9yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | US$5b |
| 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 UK market ($USD5.77M).
Compensation vs Earnings: Ernie's compensation has been consistent with company performance over the past year.
CEO
Ernie Herrman (63 yo)
13.9yrs
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 |
|---|---|---|---|---|
| Executive Chairman | 18.3yrs | US$11.39m | 0.015% € 19.8m | |
| CEO, President & Director | 13.9yrs | US$22.22m | 0.045% € 59.4m | |
| Senior Executive VP & CFO | 1.9yrs | US$3.58m | 0.0037% € 4.9m | |
| Senior EVP & Group President | 6.8yrs | US$6.73m | 0.020% € 26.8m | |
| Founder & Executive Advisor | no data | US$558.08k | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | no data | no data | no data | |
| Senior Vice President of Global Communications | no data | no data | no data | |
| Senior EVP & Group President | 10.3yrs | US$6.00m | 0.0089% € 11.7m | |
| Senior EVP & Group President | 2.5yrs | no data | 0.0040% € 5.2m | |
| Senior VP of Finance & Treasurer | no data | no data | no data | |
| President of Marmaxx | no data | no data | no data |
7.9yrs
Average Tenure
63yo
Average Age
Experienced Management: TJXD's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 18.3yrs | US$11.39m | 0.015% € 19.8m | |
| CEO, President & Director | 9.2yrs | US$22.22m | 0.045% € 59.4m | |
| Independent Director | 17.5yrs | US$334.00k | 0.00083% € 1.1m | |
| Independent Director | 8.1yrs | US$315.00k | 0.00011% € 144.6k | |
| Lead Independent Director | 17.3yrs | US$373.00k | 0.00071% € 933.2k | |
| Independent Director | 19.2yrs | US$323.24k | 0.0025% € 3.3m | |
| Independent Director | 6.3yrs | US$327.54k | 0.0010% € 1.4m | |
| Independent Director | 1.3yrs | US$171.87k | 0.000060% € 78.9k | |
| Independent Director | 4.2yrs | US$309.30k | 0.00073% € 959.5k | |
| Independent Director | 4.3yrs | US$303.00k | 0.00015% € 197.2k |
8.6yrs
Average Tenure
70.5yo
Average Age
Experienced Board: TJXD's board of directors are considered experienced (8.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:03 |
| End of Day Share Price | 2024/11/14 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The TJX Companies, Inc. is covered by 64 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Daniela Nedialkova | Atlantic Equities LLP |
| Mark Montagna | Avondale Partners |