TJX Companies Management

Management criteria checks 3/4

TJX Companies' CEO is Ernie Herrman, appointed in Jan 2011, has a tenure of 13.33 years. total yearly compensation is $22.22M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.052% of the company’s shares, worth $55.46M. The average tenure of the management team and the board of directors is 7.3 years and 8 years respectively.

Key information

Ernie Herrman

Chief executive officer

US$22.2m

Total compensation

CEO salary percentage	7.8%
CEO tenure	13.3yrs
CEO ownership	0.05%
Management average tenure	7.3yrs
Board average tenure	8yrs

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
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 ($USD22.22M) is above average for companies of similar size in the UK market ($USD5.62M).

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

CEO

Ernie Herrman (62 yo)

13.3yrs

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	17.7yrs	US$11.39m	0.015% $ 16.0m
Ernie Herrman	CEO, President & Director	13.3yrs	US$22.22m	0.052% $ 55.5m
John Klinger	Senior Executive VP & CFO	1.3yrs	US$3.58m	0.0043% $ 4.6m
Douglas Mizzi	Senior EVP & Group President	6.3yrs	US$6.73m	0.020% $ 21.6m
Bernard Cammarata	Founder & Executive Advisor	no data	US$3.79m	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	9.7yrs	US$6.00m	0.012% $ 12.3m
Louise Greenlees	Senior EVP & Group President	1.9yrs	no data	0.0051% $ 5.4m
Erica Farrell	Senior VP of Finance & Treasurer	no data	no data	no data
Peter Benjamin	President of Marmaxx	no data	no data	no data

7.3yrs

Average Tenure

62yo

Average Age

Experienced Management: 0LCE's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Carol Meyrowitz	Executive Chairman	17.7yrs	US$11.39m	0.015% $ 16.0m
Ernie Herrman	CEO, President & Director	8.6yrs	US$22.22m	0.052% $ 55.5m
Tai Ching	Independent Director	16.9yrs	US$334.00k	0.0019% $ 2.0m
Jackwyn Nemerov	Independent Director	7.5yrs	US$315.00k	0.00010% $ 106.3k
Alan Bennett	Lead Independent Director	16.7yrs	US$373.00k	0.00071% $ 754.4k
Amy Lane	Independent Director	18.6yrs	US$323.24k	0.0026% $ 2.8m
Rosemary Berkery	Independent Director	5.7yrs	US$327.54k	0.00092% $ 977.5k
Charles Wagner	Independent Director	less than a year	US$171.87k	no data
C. Goodwin	Independent Director	3.6yrs	US$309.30k	0.00062% $ 658.8k
Jose Alvarez	Independent Director	3.7yrs	US$303.00k	0.00015% $ 159.4k

8.0yrs

Average Tenure

69.5yo

Average Age

Experienced Board: 0LCE's board of directors are considered experienced (8 years average tenure).

TJX Companies Management

Management criteria checks 3/4

Key information

Recent management updates

CEO, President & Director recently sold US$2.0m worth of stock

CEO, President & Director recently sold US$2.0m worth of stock

The TJX Companies, Inc. Announces Executive Change

CEO, President & Director recently sold US$1.5m worth of stock

CEO, President & Director recently sold US$3.2m worth of stock

Insufficient new directors

Recent updates

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 US$2.0m worth of stock

CEO, President & Director recently sold US$2.0m worth of stock

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

The TJX Companies, Inc. Provides Quarterly Dividend Guidance

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

The TJX Companies, Inc. (NYSE:TJX) announces an Equity Buyback for $2,500 million worth of its shares.

The TJX Companies, Inc. Announces Executive Change

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

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

CEO, President & Director recently sold US$1.5m worth of stock

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

CEO, President & Director recently sold US$3.2m 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 US$5.9m worth of stock

CEO, President & Director recently sold US$4.0m 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 US$2.1m 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 US$3.1m worth of stock

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

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

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 US$3.3m worth of stock

Executive Chairman recently sold US$4.8m 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 US$2.9m worth of stock

Senior EVP & Group President recently sold US$2.2m 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

Now 25% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$2.74 (vs US$0.075 in FY 2021)

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

Now 23% undervalued after recent price drop

The TJX Companies, Inc. Announces Resignation of Doug Mizzi and Scott as Directors

Independent Director recently bought US$198k worth of stock

The TJX Companies, Inc. to Report Q4, 2023 Results on Feb 22, 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

The TJX Companies, Inc. (NYSE:TJX) announces an Equity Buyback for $3,000 million worth of its shares.

The TJX Companies, Inc. to Report Q4, 2022 Results on Feb 23, 2022

Upcoming dividend of US$0.26 per share

CEO, President & Director recently sold US$3.0m worth of stock

CEO, President & Director recently sold US$1.3m worth of stock

Third quarter 2022 earnings released: EPS US$0.84 (vs US$0.72 in 3Q 2021)

Upcoming dividend of US$0.26 per share

Second quarter 2022 earnings released: EPS US$0.64 (vs US$0.18 loss in 2Q 2021)