TJX Companies Management

How experienced are the management team and are they aligned to shareholders interests?

10.9yrs

Average management tenure


CEO

Ernie Herrman (61 yo)

7.17yrs

Tenure

US$31,802,000

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...


CEO Compensation Analysis

How has Ernie Herrman's remuneration changed compared to TJX Companies's earnings?
DateTotal Comp.SalaryCompany Earnings
Oct 29 2022n/an/a

US$3b

Jul 30 2022n/an/a

US$3b

Apr 30 2022n/an/a

US$3b

Jan 29 2022US$32mUS$2m

US$3b

Oct 30 2021n/an/a

US$3b

Jul 31 2021n/an/a

US$3b

May 01 2021n/an/a

US$2b

Jan 30 2021US$15mUS$1m

US$90m

Oct 31 2020n/an/a

US$750m

Aug 01 2020n/an/a

US$711m

May 02 2020n/an/a

US$2b

Feb 01 2020US$19mUS$2m

US$3b

Nov 02 2019n/an/a

US$3b

Aug 03 2019n/an/a

US$3b

May 04 2019n/an/a

US$3b

Feb 02 2019US$19mUS$2m

US$3b

Nov 03 2018n/an/a

US$3b

Aug 04 2018n/an/a

US$3b

May 05 2018n/an/a

US$3b

Feb 03 2018US$17mUS$2m

US$3b

Oct 28 2017n/an/a

US$2b

Jul 29 2017n/an/a

US$2b

Apr 29 2017n/an/a

US$2b

Jan 28 2017US$19mUS$2m

US$2b

Oct 29 2016n/an/a

US$2b

Jul 30 2016n/an/a

US$2b

Apr 30 2016n/an/a

US$2b

Jan 30 2016US$20mUS$1m

US$2b

Compensation vs Market: Ernie's total compensation ($USD31.80M) is above average for companies of similar size in the US market ($USD12.88M).

Compensation vs Earnings: Ernie's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Carol Meyrowitz
Executive Chairman16.25yrsUS$16.54m0.018%
$ 16.8m
Ernie Herrman
CEO, President & Director11.92yrsUS$31.80m0.060%
$ 55.8m
Scott Goldenberg
Senior EVP & CFO10.92yrsUS$11.51m0.0089%
$ 8.2m
Richard Sherr
Senior EVP & Group President10.92yrsUS$12.38m0.0090%
$ 8.3m
Kenneth Canestrari
Senior EVP & Group President8.25yrsUS$9.28m0.011%
$ 10.2m
Bernard Cammarata
Founder & Executive Advisorno dataUS$2.47mno data
Alicia Kelly
Executive VPno datano datano data
Debra McConnell
Senior Vice President of Global Communicationsno datano datano data
Douglas Mizzi
Senior EVP & Group President4.83yrsno data0.018%
$ 17.0m
Louise Greenlees
Senior EVP & Group Presidentno datano data0.0045%
$ 4.1m
Erica Farrell
Senior VP of Finance & Treasurerno datano datano data

10.9yrs

Average Tenure

65yo

Average Age

Experienced Management: TJX's management team is seasoned and experienced (10.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Carol Meyrowitz
Executive Chairman16.25yrsUS$16.54m0.018%
$ 16.8m
Ernie Herrman
CEO, President & Director7.17yrsUS$31.80m0.060%
$ 55.8m
Tai Ching
Independent Director15.5yrsUS$309.00k0.0017%
$ 1.6m
Jackwyn Nemerov
Independent Director6.08yrsUS$284.48k0.000040%
$ 37.1k
Alan Bennett
Lead Independent Director15.25yrsUS$345.19k0.00069%
$ 639.4k
Amy Lane
Independent Director17.17yrsUS$293.00k0.0023%
$ 2.2m
Rosemary Berkery
Independent Director4.25yrsUS$298.00k0.00077%
$ 713.5k
Michael Hines
Independent Director15.5yrsUS$296.00k0.00025%
$ 231.6k
C. Goodwin
Independent Director2.17yrsUS$277.99k0.00047%
$ 435.5k
Jose Alvarez
Independent Director2.25yrsUS$278.00k0.00015%
$ 139.0k

11.2yrs

Average Tenure

68.5yo

Average Age

Experienced Board: TJX's board of directors are seasoned and experienced ( 11.2 years average tenure).