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TJX Company announces CEO succession plan

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Staff writer | Framingham, Mass., USA | October 8, 2015
TJX CompaniesOctober 8, 2015, Framingham, Mass., USA - The TJX Companies, Inc., an off-price retailer, intends to elect Ernie Herrman to the position of chief executive officer, effective January 31, 2016.
The Board also elected Mr. Herrman a Director of the Company, effective October 7, 2015. Mr. Herrman will also retain his current title as President of the Company.

Mr. Herrman has been President of The TJX Companies since January 2011. He has extensive leadership and off-price experience, having been with TJX since 1989. He was named Senior Executive Vice President, Group President, in August 2008, with responsibilities for The Marmaxx Group, the Company's largest division, HomeGoods and TJX Canada.

Earlier in his career at TJX, Mr. Herrman succeeded Carol Meyrowitz as President of The Marmaxx Group, serving in that role from January 2005 to August 2008. Mr. Herrman has also held various senior merchandising positions with TJX.

Carol Meyrowitz, current Chairman and CEO, will become Executive Chairman of the Board at the time of the CEO transition.

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