Carol Meyrowitz joined TJX Companies in 1983. In 2001, she became Executive Vice President of the company, as well as the President of Marmaxx, the largest division of the company. She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX.
However, Meyrowitz became president on October 17, 2005; additionally, she became a member of the board of directors on September 7, 2006. She was appointed Chief Executive Officer of the company on January 28, 2007, replacing acting CEO Bernard Cammarata, the Chairman of the Board for TJX.
The TJX Companies, Inc. (NYSE: TJX), is an apparel and home goods company based in Framingham, Massachusetts. It claims to be the largest international apparel and home fashions off-price department storechain in the United States. The company evolved from the Zayre discount department store chain, founded in 1956, which opened its first branch of T.J.Maxx in 1976 and its first BJ's Wholesale Club in 1984. In 1988, Zayre sold its nameplate to rival Ames, and T.J.Maxx was renamed "The TJX Companies, Inc.".