Carol Meyrowitz has played a key role at The TJX Companies since she joined the company in 1983. Promoted to CEO in 2007 from her previous position as President, her leadership has focused on aligning the company’s goals with those...

Number of Employees

349K

Year

2016

Total Compensation

$11.62M

Salary

$1.58M

Board Justification

The compensation philosophy is designed to attract and retain top talent, motivate executives to achieve business objectives, and reward performance, with a strong emphasis on variable, performance-based compensation.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2016 as per the proxy statement.

Other

$48.97K

Board Justification

Other compensation includes automobile benefits, financial planning reimbursements, and life insurance premiums.

Restricted Stock

$10.00M(10M RSU)

Board Justification

Performance-based stock awards granted in fiscal 2016, subject to performance criteria, that vested in 2016.

Performance Metrics

The performance metrics for fiscal 2016 included adjusted pre-tax income goals for the company.

SEC Filing

From April 27, 2017