Edmond J. English was the CEO of TJX Companies from 2000 to 2005. He played a key role in building TJX into a major player in off-price retail. His journey highlights the volatility of leadership in big businesses. In 2004,...

Edmond J. English was the CEO of TJX Companies from 2000 to 2005. He played a key role in building TJX into a major player in off-price retail. His journey highlights the volatility of leadership in big businesses. In 2004, he earned over $11 million, largely from a significant stock award of $9.4 million. This showed how much faith the company had in him during that time. But by 2005, when he resigned, his compensation dropped sharply to just over $2 million, with no stock options retained after his departure. This drop reflects the risky nature of executive roles, where fortunes can rise and fall based on company performance and decisions. English owned around 0.2% of TJX's stock, with over 1.4 million shares across his tenure. His leadership style and decisions influenced the company's direction greatly during his time in office, although he ended his tenure abruptly. In a nutshell, his story is a mix of triumph and caution, showing both the possibilities and challenges faced by CEOs in the retail world.