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Bernard Cammarata is a seasoned leader in the retail industry, known for his long-term commitment to The TJX Companies, Inc., the world's largest off-price retailer. He co-founded TJX back in 1976 and has been integral to its growth and success,...

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Bernard Cammarata

Founder and Ex-CEO of TJX Companies

Education

Bachelor's degree in Business Administration from Boston University

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

Born

December 1, 1940 - 84 years ago

CEO of TJX Companies for

1 year 4 months (Sep 2005 - Jan 2007)

Previous Experience

Founder of TJX Companies

Holdings

See how much did Bernard Cammarata make over time.

Bernard Cammarata's wealth has been closely tied to his holdings in TJX Companies. At one point, he owned approximately 1.36 million shares, making up a notable portion of his overall net worth. This stake reflected not just financial investment but...

Total Stock Sold

$9.30M

TJX

$9.30M

695,272 TJX shares

What if they kept their stock?

If Bernard Cammarata didn't sell their stock, today they would have:
Extra TJX695,272 shares worth $33.94M.
This is 264.96% and $24.64M more than what they got when they sold the stock.

Charitable Transactions

TJX

1,680,842 shares

TJX

Recent Charitable Transactions

TJX

306,398 shares

TJX

Jun 12, 2015

Charity

TJX

70,785 shares

TJX

Dec 16, 2014

Charity

TJX

133,137 shares

TJX

May 28, 2014

Charity

TJX

129,095 shares

TJX

Aug 23, 2013

Charity

TJX

144,176 shares

TJX

May 31, 2013

Charity

TJX

26,830 shares

TJX

Jul 11, 2012

Charity

Insider Trading

See recent insider trades of Bernard Cammarata.

TJX

306,398 shares

TJX

Jun 12, 2015

Charity

TJX

306,398 shares

TJX

Jun 12, 2015

Charity

TJX

70,785 shares

TJX

Dec 16, 2014

Charity

TJX

70,785 shares

TJX

Dec 16, 2014

Charity

TJX

$7.80M

TJX at $60.00/share

Aug 28, 2014

Sale

TJX

$2.00M

TJX at $55.59/share

May 27, 2014

Sale

TJX

$2.00M

TJX at $55.58/share

May 27, 2014

Purchase

TJX

$2.81M

TJX at $56.22/share

Jun 9, 2014

Sale

TJX

133,137 shares

TJX

May 28, 2014

Charity

TJX

133,137 shares

TJX

May 28, 2014

Charity

Compensation History

See how much did Bernard Cammarata make over time.

During his time as CEO of TJX, Bernard Cammarata's compensation varied significantly. In 2007, his total compensation was about $1.12 million, mainly from his salary of $1.08 million, with limited bonuses or stock awards. His role didn’t just reward him with high pay; instead, it emphasized a compensation model that sought to align with long-term performance metrics, focusing on the company’s overall health rather than short-term incentives. Earlier in his career, his salary in 2005 was $400,000, showing how far he climbed within the company. The focus has been on ensuring that leaders are motivated to drive sustainable growth, not just immediate results, showcasing a thoughtful approach to executive compensation.

Year

2007

Total Compensation

$1.12M

Salary

$1.08M

Board Justification

The compensation philosophy aims to attract and retain talented individuals, reward achievement of financial goals, and enhance shareholder value through a combination of base salary, short-term and long-term cash incentives, and equity-based incentives.

Bonus

$0.00

Board Justification

No cash bonus was awarded for fiscal 2007.

Other

$38.84K

Board Justification

Includes perquisites and other personal benefits such as an automobile benefit, tax gross-up, and financial planning services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2007.

Performance Metrics

Performance metrics are based on achievement of predetermined pre-tax income targets.