The TJX Companies Strengthens Management Structure

The TJX Companies, Inc. TJX today announced that its Board of Directors approved a new management structure as part of the Company's ongoing leadership succession planning. Carol Meyrowitz, 56, continues as Chief Executive Officer as well as a Director of The TJX Companies and has entered into another two-year employment agreement. Ernie Herrman has been promoted to President of The TJX Companies from his post of Senior Executive Vice President, Group President. Ms. Meyrowitz will now have Mr. Herrman and Jeffrey Naylor, Senior Executive Vice President, Chief Financial and Administrative Officer, reporting to her. Nan Stutz has been promoted to Senior Executive Vice President, Group President of HomeGoods and TJX Canada, and Michael MacMillan has been promoted to Senior Executive Vice President, Group President, continuing his responsibilities for The Marmaxx Group. Both Ms. Stutz and Mr. MacMillan will report to Mr. Herrman, along with Senior Executive Vice Presidents Jerome Rossi, whose responsibilities include real estate, logistics and procurement, Paul Sweetenham, who heads TJX Europe, and Chief Human Resources Officer, Greg Flores.