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Senior Execs Rise at TJX

Off-price retailer The TJX Companies has made a series of promotions across its senior management team, in the immediate aftermath of the elevation of president Carol Meyrowitz to president and ceo (see story, page 10).

TJX announced these changes:

Ernie Herrman has been promoted to senior executive vp, TJX, from executive vp, and will remain president, The Marmaxx Group, the Company's largest division.

Paul Sweetenham has been promoted to sevp, TJX, group president, Europe, from his position of president, T.K. Maxx Europe.

Jerome Rossi has been promoted to sevp, group president, TJX, from his post of sevp, coo, The Marmaxx Group.

Richard Sherr has been promoted to sevp, coo, The Marmaxx Group from his position of evp, chief merchandising officer at The Marmaxx Group.

Nan Stutz has been promoted to president of the Company's HomeGoods division, having held the post of evp, merchandising, planning and marketing at HomeGoods.

Celia Clancy has been named president of the company's A.J. Wright division. Clancy has just joined TJX; she most recently served as senior operations consultant, specializing in retail and consumer goods for Cerberus Capital Management and spent eight years at Wal-Mart Stores.

Ann McCauley has been promoted to evp, TJX, general counsel, from her post of svp, general counsel.

HTT research pegged TJX home textiles sales for 2005 at $595 million.

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