Cammarata to Retire, Meyrowitz to Add Chairman Title at TJX

Bernard “Ben” Cammarata will retire as chairman of The TJX Cos. Inc. after nearly 40 years of service with the company. The retirement will be effective at the company’s annual meeting, scheduled for June 11, after which Carol Meyrowitz, TJX’s chief executive officer, is expected to be elected to add the chairman’s role to her duties. He will stay on in an advisory role as founder and executive adviser. Cammarata, 75, is virtually synonymous with the company, which has grown into the largest off-price retailer in the U.S. with substantial operations in Canada, a growing presence in Europe and $29.08 billion in 2014 revenues. Chairman of the company since 1999, Cammarata founded T.J. Maxx in 1976 and served as its president for 11 years before being named president and ceo of TJX, a position he held until 2000. He was acting ceo of the company between 2005 and 2007, when Meyrowitz assumed the position. Before acquiring Marshalls, T.J. Maxx’s archrival in the burgeoning U.S. off-price field, in 1995, the company bought Winners Apparel of Canada in 1990 and launched HomeGoods in the U.S. in 1992. T.J. Maxx and Marshalls together constitute The Marmaxx Group, which last year was responsible for $18.69 million in revenues, or

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