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...
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 of its shareholders. This strategy has been reflected in the way she structures her own compensation, which often includes high amounts of stock awards. In 2015, she earned about $28.7 million, largely from a stock award of $16.5 million rather than bonuses, showing a strong preference for performance-based pay. Her shares in TJX have been substantial, reportedly valued in millions, indicating her confidence in the company’s future. During her tenure, she has emphasized the importance of retaining talent and motivating the team through effective compensation packages. Plus, in 2006, she was also elected to TJX's Board, highlighting the depth of her involvement in guiding the company’s strategy. Even with these notable accomplishments, she has taken steps to share responsibilities, focusing on long-term success instead of just daily tasks.