Framingham Resident Elected CEO of TJX Companies

The TJX Companies, Inc. an off-price retailer of apparel and home fashions in the U.S. and worldwide, announced its Board of Directors has elected Ernie Herrman, 55, a Framingham resident to the position of Chief Executive Officer, effective Jan. 31, 2016, the beginning of the Company’s fiscal year.

Herrman also will continue as President of the Company and member of the Board of Directors.

Carol Meyrowitz, 61, who has been Chair of the Board since June 2015 and CEO since January 2007, will continue as Chair and an active executive of the Company with the new title Executive Chairman, effective as of the CEO transition.

“The Board and I have the greatest confidence in our choice of Ernie Herrman to lead TJX into the future as CEO. He is a tremendous leader with a proven, successful track record, strategic vision, discipline and focus. Ernie has been instrumental to our Company’s success and served as President since 2011, with all of the operating divisions reporting to him since that time. I look forward to continuing our 20-plus years of working together to support and maximize the growth potential of TJX,” said Meyrowitz.

“TJX is a world-class retailer and I am honored by the privilege to lead it forward,” said Herrman. “We see a great future ahead for our Company, with enormous growth potential, as we continue to expand our value concept around the world. I couldn’t be more excited about our opportunities and the future, and I look forward to continuing to work with Carol Meyrowitz, our highly talented management team, and an organization that I believe is the best in retail as we pursue our goals of growing TJX to $40 billion and beyond.”

Based in Framingham, the TJX Companies, Inc. is an off-price retailer of apparel and home fashions in the U.S. and worldwide.

As of October 31, 2015, the end of the Company’s third quarter, the Company operated a total of 3,594 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and three e-commerce sites.