THE TJX COMPANIES, INC. (NYSE:TJX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 29, 2016, the Board of Directors of The TJX Companies, Inc. (the “Company”) elected Jackwyn Nemerov as a member of the Company’s Board of Directors and its Executive Compensation Committee, effective immediately. Ms. Nemerov was the President and Chief Operating Officer of Ralph Lauren Corporation (“Ralph Lauren”) from November 2013 until November 2015. Previously, from September 2004 until October 2013, she was Executive Vice President of Ralph Lauren. She also served on the Board of Directors of Ralph Lauren from February 2007 until November 2015. Ms. Nemerov will receive compensation for her service on the Board of Directors in accordance with the Company’s non-employee director compensation program (as described further in Exhibit 10.21 to the Company’s Annual Report on Form 10-K filed March 29, 2016, which description is incorporated herein by reference), including annual retainers and deferred stock awards under the Company’s Stock Incentive Plan, prorated to reflect her election date.
About THE TJX COMPANIES, INC. (NYSE:TJX)
The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States are collectively the off-price retailer in the United States with a total of approximately 2,163 stores. The HomeGoods chain is an off-price retailer of home fashions in the United States with approximately 526 stores. The TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada. Winners is the off-price apparel and home fashions retailer in Canada. HomeSense offers home fashions off-price concept in Canada. The TJX International segment operates the T.K. Maxx and HomeSense chains in Europe. With approximately 456 stores, T.K. Maxx operates in the United Kingdom, Ireland, Germany, Poland, Austria and the Netherlands. THE TJX COMPANIES, INC. (NYSE:TJX) Recent Trading Information
THE TJX COMPANIES, INC. (NYSE:TJX) closed its last trading session up +0.21 at 78.86 with 2,960,383 shares trading hands.