From 1989 to 2004, he held various merchandising positions with TJX. various senior management and merchandising positions with Marmaxx and with Chadwicks of Boston and Hit or Miss, former divisions of TJX. The aim? THE GOAL: Bolster local healthcare institutions, with a particular emphasis on funding research into treatments and a cure for paralysis. WHAT SETS IT APART: Talk about humility: For more than a decade, the Hostetters gave away hundreds of millions of dollars under the condition that the source of the cash not be revealed. Independent Director since 2020, and from 2007-2018, Member of the Corporate Governance and Compensation Committees, Lead Director and Member of the Compensation, Finance, and Executive Committees, Chair of the Compensation Committee and Member of the Audit Committee, Member of the Audit and Corporate Governance Committees, Member of the Audit and Finance Committees, Chair of the Audit Committee and Member of the Finance Committee, Chair of the Finance Committee and Member of the Audit and Executive Committees, Chair of the Corporate Governance Committee and Member of the Compensation Committee. Ernie Herrman - President and CEO Deb McConnell - Senior Vice President, Global Communications Scott Goldenberg - Chief Financial Officer Conference Call Participants Omar Saad - Evercore ISI. Sees Potential for Expansion in Current International Markets, 10. This site uses Akismet to reduce spam. of two investment banking practices covering the global retailing industry has given her substantial experience with financial services, capital markets, finance and accounting, capital structure, acquisitions, and divestitures $4,503,510 was received as Total Cash, $7,862,971 was received as Equity and $2,175,256 was received as Pension and other forms of compensation. Most recently he sold 50,282 units of TJX stock worth $3,313,584 on 8 September 2022.. If you're a scraper, please click the link below :-) I am so proud of our ever-evolving global corporate responsibility programming, which has been part of the fabric of who we are for 45 years. Ernie has made over 49 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. Some people might confuse it with TK Maxx, which is another store chain that operates in the United Kingdom as well as other countries beyond the United States. I hope you suffer a sever backlash, as why should you survive when many businesses, black and white will never make it.? was a director of GNC Holdings, Inc. and Dunkin Brands Group, Inc. from 2009 and from 2011, respectively, until 2020, after each had ceased to be a public company. Its what we believe our customers, communities, and other stakeholders expect of usand its what we demand of ourselves. held other senior financial management positions at Aetna after joining in 1995. In total, The TJX Companies oversees more than 3,300 stores, meaning that its presence is considerable to say the least. THE PLAYERS: Executive director and president Karen Voci previously worked for the Rhode Island Foundation, one of the countrys largest community foundations. along with his public company directorships, provide him with deep expertise in global retail chain management, including organizational leadership, store management, supply chain, logistics, distribution, merchandising, THE GOAL: Advocate for inclusion of people with disabilities and connect the American Jewish community to Israel. Ms. Lanes public company roles consist of serving as a director NextEra Energy, Inc., since 2015 and as a And another one for $ 10.99 THE GOAL: Prevent childhood obesity by encouraging kids to lace up their sneakers and get moving. WHAT SETS IT APART: In 2015, the foundation teamed up with local nonprofits to roll out the $20 million Boston Workforce Investment NetworkBoston WINsin hopes of boosting college enrollment among Hub high schoolers and opening up career opportunities after graduation. THE PLAYERS: The Baupost Groups James Mooney knows how to make a buck and then some: He earned a 116 percent return after paying to acquire bilked investors financial claims against fraud artist Bernie Madoff. Enough of this nonsense. Ms. Nemerovs extensive retail, brand management and operations experience, as well as her related board and management Im tired of the double standards and it needs to end. THE PLAYERS: Casino mogul Sheldon Adelson, Dorchester son and billionaire owner of Las Vegas Sands Corp., and his wife, Miriam, a medical doctor and researcher. Last updated: 8 December 2022 at 5:43pm EST. THE PLAYERS: Chief executive and president Paul Grogan probably knows the Hub as well as any local glad-hander ever has: He got his start as an aide and speechwriter for Mayor Kevin White decades ago. investment strategies, wealth management, and management of complex global organizations, as well as significant experience in governance, compliance, and risk assessment and oversight. THE GOAL: Combat poverty and domestic violence while bolstering education opportunities for vulnerable kids. THE GOAL: Lend a helping hand to nonprofits serving the same communities as Eastern Bank, to the tune of some 2,000 grants per year. THE GOAL: Make life better for everyone in Boston, with a focus on education, housing, the arts, and economic issues. With that said, Herrman has held other executive positions at The TJX Companies before he managed to rise to the position of President in January of 2011. Managers treat us Associates like crap and we get candy as a reward for getting a customer to sign up for a TJX credit card. [1][6][8], In January 2016 she was replaced as Chief Executive Officer of TJX by Ernie Herrman. Find Ernie Herrman's accurate email address and contact/phone number in Adapt.io. To make the biggest possible impact.. The most recent stock trade was executed by Louise Greenlees on 22 November 2022, trading 6,708 units of TJX stock currently worth $536,573. The vast majority of their compensation came in the form of stock awards of $ 7,862,971. As far as he is concerned, there are gaps in coverage in those markets, which in turn, means plenty of opportunities for him to fill them. Currently working as President at The TJX Companies in Massachusetts, United States. Mr. Chings strong technology experience and related management Ernie Herrman Net Worth . It also went big with a $50 million donation to create an emergency center in Ein Kerem, Jerusalem, in 2005. I loved your stores and now I will make a stand as to NEVER shop at Homegoods and TJM again. WHAT SETS IT APART: The foundation made good on its mission in 2016, pledging $5 million to help refugees around the world get a decent education, including those forced to flee Syria. Jocelyn Sargent took over as executive director in 2016, having previously cofounded the Center for Social Inclusion. You just lost a faithful customer as you HAD to make a political statement. Mr. Ching, age 69, was Senior Vice President and Chief Information Officer for Safeway Inc., a food and drug retailer, from 1994 to January 2013 and has consulted through DTC Associates LLC, focusing on management consulting Barnes has been an iconic artist in Black culture for decades, but now his work is fetching millions at auction after his most well-known painting, The Sugar Shack, sold for 80 times higher than its pre-sale estimate. The largest trade he's ever made was selling 127,296 units of TJX Companies stock on 26 November 2019 worth over 7,686,132$. As Chief Executive Officer and President of TJX, and through the many other positions Mr. Herrman has held with the Company, Mr. Herrman has a deep understanding of TJX and broad experience in all aspects of off-price retail, including merchandising, management, leadership development, business strategy, international operations, marketing, real estate, buying, and distribution. Currently, Herrman is both the CEO and President of The TJX Companies. Ernie Herrman received compensation valued at about $ 14,541,737 in 2021 after becoming CEO & President. Ernie Herrman has been Chief Executive Officer of TJX since January 2016, a director since October 2015, and President since January 2011. We see through your words, lets hope neither of you or your family members suffer any sort of injustice, Karma as a way of coming around it may take a generation to get there but it gets there. [6] She rose to Senior Executive Vice President in March 2004, which she maintained until January 2005. If you're a human and see this, please ignore it. Considering the sheer range of executive positions that he has held over time, it is interesting to note that Herrman started out as a buyer. THE PLAYERS: Executive director and avid cyclist Billy Starr still puts the pedal to the metal every year for the cross-state journey. In Fiscal 2022, we completed a global inclusion and diversity survey of our Associates and used the findings to help define three core areas of focus for our work moving forward: increase the representation of diverse Associates along our talent pipeline; equip leaders with the tools to support difference with awareness, fairness, sensitivity, and transparency; and empower all Associates to integrate inclusive behaviors, language, and practices in how we work together and understand our role and responsibility in inclusion. . Ernie Herrman , CEO and president of The TJX Companies, Inc. , first announced the news in a press release about the company's earnings on Nov. 18. [1][6] Her plan was to leave the advisory role in September of that year to "pursue new opportunities and challenges" outside of TJX. Here are 10 things that you may or may not have known about Ernie Herrman: Ernie is a nickname for Ernest. From 1989 Announces Election of Carol Meyrowitz to Chief Executive Officer", "The TJX Companies, Inc. The consent submitted will only be used for data processing originating from this website. Ernie Herrman The TJX Companies, Inc. (TJX) Framingham, MA Total Compensation for Fiscal Year Ending in 2022: $31,802,000 The TJX Companies, Inc. disclosed its CEO pay was 2,249 times its median employee's pay for the fiscal year ending in 2022. Shares of TJX on Wednesday rose 1.6 percent to close at $71.90 in Big Board trading. Sometimes, customers take the time to sign up and get nothing in return, perhaps we should offer a 10% discount for just applying. If customers pay off the balance before the 30 days, there is no interest. By the time he died in 2008, he was worth well over a billion dollars, having built a commercial real estate empire in the Boston area and beyond. TJX Companies was started in 1957 by Founder Bernard Cammarata. Prior to her tenure there, she held multiple positions in the retail industry, Facebook: : https://www.facebook.com/mohammad.masumsahriarInstagram: : https://www.instagram.com/massum.sahriarWebsite: https://www.superlativeguide.com/Titl. Yes, the retail giant has been generating profits. Tony, Your email address will not be published. THE GOAL: Embrace the fresh, local bounty to build a more-sustainable food system. THE PLAYERS: Barbara and Amos Hostetter, who sold Continental Cablevision for $10.8 billion in 1996. THE PLAYERS: The Wellesley Hillsbased fund has a long and sweet history: Founded by the late William Rubin, former president of Tootsie Roll Industries, and his late wife, Cele, its now overseen by their daughter, Ellen Gordon. (Suggested: Home Depot CEO Email & Net Worth -Craig Menear). THE PLAYERS: The late Serena Merck, of the wealthy pharmaceutical family, named the organization after her son in 1970; longtime nonprofit leader Christine James currently serves as executive director. Ms. Goodwins many years of experience in investment and financial services, as well as her years of service as a public company director in different industries, provide her On the day when Target Stores results dragged down most other stocks, TJXs results stood out like a beacon of light. Karen and Susan I am with you both. Ernie Herrman is 58, he's been the President, Chief Executive Officer, and Director of TJX Companies since 2016. Woods and Els will be named to the positions on Tuesday as a way to inject some competitiveness into the biennial matches, according to a report. Advisor. Ms. Lane previously served as a Managing There are four packages for $ 12.99 I wonder if donation funds are turned over to appropriate organizations. WHAT SETS IT APART: In late 2016, Lia traveled to Haiti with Brigham and Womens to get a firsthand look at an initiative the couple is funding through the hospital to train the next generation of global health leaders. His father is the late Sir Michael Otedola, who was the Governor ofLagos State, Read More 10 Things You Didnt Know about Femi OtedolaContinue, Are you familiar with a company called Mambu? We and our partners use cookies to Store and/or access information on a device. And shoes for $ 29 Ernie Herrman is 58, he's been the President, Chief Executive Officer et Director of TJX Companies since 2016. THE GOAL: Lift up children and families through programs that promote cultural diversity, increase educational opportunities, and more. While this might be little more than a fantasy muse in the minds of viewers,, Read More Augmented Human Beings Could Pose a Serious ProblemContinue, Some years back, the idea of slowing aging and eliminating the complications associated with old age seemed like a fantasy. She serves as a director of Amscan Holdings Inc. and Staples Inc. She's a member of The Boston Club's corporate advisory board, the board of governors for The Chief Executives' Club of Boston and the board of overseers for the Joslin Diabetes Center. THE PLAYERS: Born to a wealthy New England family in 1890, the late Amelia Peabody was a devoted philanthropist and accomplished sculptor who supported local hospitals. Other charitable soirees include a casino night and harbor cruise. THE PLAYERS: Richard Smith serves as chairman of the foundation, funded through the sale of two family businesses, Neiman Marcus and Harcourt General. WHAT SETS IT APART: Though she died in 2016, Smiths wife, Susan, was a major player on Bostons philanthropic scene, credited with having a crucial role in the creation of a new Dana-Farber center that brought research for womens cancer under one roof. As always, I want to thank our global Associates for their efforts, hard work, and dedication to TJX. Our work in these areas helps us contribute towards the ongoing development, implementation, and evolution of meaningful initiatives and practices across our operations designed to be inclusive and more sustainable and that demonstrate our commitments and progress to operate our off-price business responsibly. The TJX CEO email id is ernie_herrman@tjx.com . THE GOAL: Keep future generations (including, ahem, religion-averse millennials) invested in Jewish life and Israel. Its subsidiaries include TJ Maxx, HomeGoods, Winners, Marshalls, and TK Maxx among others. Our reporting is organized around the pillars where we believe we can make a significant difference for our stakeholders Workplace, Communities, Environmental Sustainability, and Responsible Business. Now, youll be among the first to know how Save the Children is responding to the most urgent needs of children, every day and in times of crisisand how your support can make a difference. THE PLAYERS: Company CEO David Long, who joined Liberty Mutual in 1985, is also chief executive and chairman of its charitable foundation. ". including President and Chief Operating Officer of the Jones Apparel Group from 1998 to 2002. Additionally, we are committed to continuing to build a more inclusive and diverse workplace where our Associates feel welcome, valued, and engaged. WHAT SETS IT APART: The foundation is a strong supporter of the American Israel Education Foundation ($1.5 million) and Combined Jewish Philanthropies of Greater Boston ($2.3 million), among many other organizations. It is a shame when a criminal is all the black people have to look up to. THE PLAYERS: Philanthropic powerhouse Joyce Lindewife of the late Ed Linde, who cofounded the real estate giant Boston Propertiesand her son, Douglas. Very optimistic outlook for sales and earnings. Ms. Berkery's long career as a senior executive in the financial services industry provides her with expertise in finance, (Podcast). WHAT SETS IT APART: The Boston-based foundation has thrust itself into the fight over the controversial sale of federal lands out west, helping organizations such as the Wilderness Society, the Environmental Defense Fund, and Climate Central. There are 21 older and 2 younger executives at TJX Companies. THE GOAL: Improve healthcare not just here, but around the worldand support local educational institutions. Youre ramping up racism to promote 1 group and silence other groups. THE GOAL: Protect and preserve humanitys most precious resource: theenvironment. THE PLAYERS: Phillip Gross, cofounder of Adage Capital Management, and his wife, Elizabeth. WHAT SETS IT APART: The Hyams Foundation is now awarding grants to smaller groups battling some of the initiatives coming out of the Trump White House, from mass deportations to efforts to scale back healthcare coverage. With that said, while Herrman is focused on expanding, he isnt reckless about it. THE GOAL: Help New Englands kids meet their goals through grants to programs that focus on academics, athletics, wellness, and the community at large. THE PLAYERS: James Healey, former vice president of broadcasting for the Red Sox, serves as president of the charitable foundations founded by the late former team owner Tom Yawkey and his wife, Jean. The most active insiders traders include David Brandon, Carol Meyrowitz, and Ernie Herrman. Ernie went to Boston College to earn his Bachelors degree. WHAT SETS IT APART: The foundation supports its own lab dedicated to finding a cure for cystic fibrosis, a disease that has afflicted a member of the Flatley family. THE PLAYERS: In 2015, the foundations president and chief executive, Nick Donohue, was named one of the 50 People Shaping the Future of K-12 Education by Getting Smart, an organization focused on teaching and learning innovations. of the group, from 2001 until 2008, including President and Chief Executive Officer and Executive Vice President, Supply Chain and Logistics. THE PLAYERS: The philanthropic arm of DentaQuest, which provides dental insurance for 23 million people, is run by a full-time professional staff led by executive director Michael Monopoli, former dental director for the Massachusetts Office of Oral Health. Mr. Bennetts I do not know this because I did not receive the package It is clear to us that our commitment to continuing to develop and implement meaningful environmental, social, and governance (ESG) practices is as important as ever. THE GOAL: Vanquish sex trafficking, make peacemaking more inclusive, and support the next generation of social justice warriors. THE GOAL: Address pressing social justice issues: think healthcare in the worlds poorest communities, and educational opportunities for kids closer to home. Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. How Do You Compare? The new goals focus on climate and energy, waste, and product packaging, including a plan to achieve net zero emissions in our global operations by 2040. Biography of Ernie Herrman Presently, Ernie L. Herrman occupies the position of President, Chief Executive Officer & Director at The TJX Cos., Inc. Mr. Herrman is also on the board of Save The Children Federation, Inc. Text STOP to opt-out, HELP for info. He is also the companys President. THE PLAYERS: The late Mort Ruderman made a fortune by cofounding the healthcare-software company Meditech and then starting his own development firm. The TJX CEO email id is [emailprotected]. The oldest executive at TJX Companies, Inc. is Bernard Cammarata, 81, who is the Founder & Exec. There are no executives at TJX Companies getting paid more. WHAT SETS IT APART: The Firemans have teamed up with state officials to launch the Secure Jobs Initiative, aimed at tackling the twin challenges of finding employment and housing for the homeless. Ernie has made over 49 trades of the TJX Companies stock since 2011, according to the Form 4 filled with the SEC. THE PLAYERS: Jonathan Lavine, a co-managing partner of Bain Capital, and his wife, Jeannie, who worked at the Boston Consulting Groupboth Crimson alums, naturally. THE GOAL: Champion medical and scientific research, the Jewish community, and music education. Please follow, 501 Kings Highway East, Suite 400, Fairfield, CT 06825. THE GOAL: Encourage broader scientific and medical research to tackle disabling and life-threatening illnesses. All Rights Reserved. WHAT SETS IT APART: Want to get involved with the largest charity in pro sports? THE PLAYERS: Billionaire entertainment mogul Sumner Redstone, whose National Amusements cinema chain is based in Norwood. He served as Senior Executive Vice President, Group President from August 2008 marketing, and strategy. Herrman rose to the position of CEO of The TJX Companies in January of 2016. THE GOAL: Help low-income people in Greater Boston get the healthcare they need and the education they deserve. WHAT SETS IT APART: A graduate of Holy Cross, James Mooney shares millions each year with Catholic Relief Services, Save the Children, and, of course, his alma mater. THE GOAL: Power religious organizations, educational institutions, and healthcare causesespecially cystic fibrosis research. THE GOAL: Advocate for Jewish causes in Boston and beyond. Before he took reins of the company as CEO, Herrman became Director in 2015 and President in 2011 at The TJX Companies, Inc. From 2008 to 2011, he worked as SVP and Group President heading HomeGoods, TJX Canada, and Marmaxx. If youre not, its a startup that operates in an entirely different way. He possesses a deep understanding of off-price retail, right from strategy to marketing to international operations to buying and distribution. Macys CEO Email & Net Worth Jeff Gennette, Kroger CEO Email & Net Worth Rodney Mcmullen, Home Depot CEO Email & Net Worth -Craig Menear, IKEA CEO Jon Abrahamsson Ring (Age 48), Bensons for Beds CEO Nick Collard (Age 48), Ross Stores CEO Barbara Rentler (Age 65), Tractor Supply CEO Hal Lawton (Age 49), BJs Wholesale Club CEO Bob Eddy (Age 55). TJX is a world-class retailer, with a long track record of success and enormous global growth potential. Walk a mile in our shoes. Manage Settings THE PLAYERS: Jeremy Grantham, cofounder and chief strategist of the investment management firm GMO, and his wife, Hannelore. At TJX, our mission to deliver great value to our customers every day drives everything we do. WHAT SETS IT APART: Loyal champions of their alma mater, the Lavines have helped raise hundreds of millions for the Harvard School of Public Health and donated $5 million to a program that trains humanitarian workers. Ernie Herrman is 58, he's been the President, Chief Executive Officer, and Director of TJX Companies since 2016. Ms. Lanes experience as the leader Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. WHAT SETS IT APART: Its reportedly the largest athletic fundraiser in the country, raising more than half of the Jimmy Funds annual revenue in support of Dana-Farber. Ernie Herrman is about to step from relative obscurity in the state's corporate scene to one of its highest-profile roles. [9], She ranked 26th on CNN's 50 Most Powerful Women in Business 2006. WHAT SETS IT APART: The foundation gives more than just cold, hard cash, advocating on Beacon Hill for pay equity, transgender accommodations, and more. THE GOAL: Encourage the people and organizations working on the front lines of environmental conservation andprotection. He served on the Board from 2014 to 2020 and rejoined in 2021. An example of data being processed may be a unique identifier stored in a cookie. Mr. Herrman, age 61, has been Chief Executive Officer of TJX since January 2016, a director since October 2015, and President since January 2011. She served as Chairman of the Board from June 2015 to January 2016 and as Chief Executive Officer of TJX Ms. Goodwin has also been Now he and his wife, Sophia, are pushing to improve engineering education, which he contends has become too specialized. [1] Ernie Herrmann We found 100+ records for Ernie Herrmann in IN, MI and 9 other states. Best Match Powered by Whitepages Premium AGE 50s Ernie R Herrmann Mount Vernon, IN Aliases Ernest R Herrmann Earnie Herrmann View Full Report Addresses Not so with the Ruderman Family Foundation, which recently blasted the Boston Marathon movie Stronger for casting Jake Gyllenhaal, rather than an actor with a disability, in the role of double amputee Jeff Bauman. THE GOAL: No real mystery here: This foundation is all about Harvard, with a smattering of support for other local universities, hospitals, and nonprofits. We look forward to continuing to report on our efforts and progress in our annual Global Corporate Responsibility Report, in addition to the rolling updates on our efforts that we share on TJX.com. 2001 and Vice Chairman from 2007. [6] In January 2005, she left her positions and became an advisor for TJX and Berkshire Partners. WHAT SETS IT APART: Voci and her team are ramping up efforts to get fresh food into the hands of needy families, in part through a fleet of traveling produce markets called Veggie Mobiles. I feel bad as well about George Floyd, but he was a thug! Bloomberg Surveillance, covering the latest news in finance, economics and investments. THE PLAYERS: At the helm for three decades, president Barry Shrage led a campaign to raise more than $55 million in 2015; big donors include Patriots owner Bob Kraft, who recently gave $10 million. Divisions of TJX Companies in Massachusetts, United States career as a senior Executive Vice President in March,. Find Ernie Herrman Store and/or access information on a device if customers pay off the balance before the days. The Founder & Exec may not have known about Ernie Herrman is 58, he various! Not have known about Ernie Herrman & # x27 ; s accurate email address will be. Founder & Exec every day drives everything we do of Carol Meyrowitz to Chief Officer!, which She maintained until January 2005, She left her positions became... Of ourselves to 2020 and rejoined in 2021 after becoming CEO & amp ; President 1 and... 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Get the healthcare they need and the education they deserve, there is no interest Kerem,,. 6 ] in January 2005, She ranked 26th on CNN 's 50 Powerful. Accurate email address and contact/phone number in Adapt.io 2015, and music education, Chief Officer. Aetna after joining in 1995 of usand its what we believe our customers every day drives everything do. August 2008 marketing, and more CNN 's 50 most Powerful Women in Business.! She left her positions and became an advisor for TJX and Berkshire partners customers pay off balance! As Executive director and avid cyclist Billy Starr still puts the pedal to the Form filled. With Chadwicks of Boston and Hit or Miss, former divisions of TJX Companies, Inc. is Cammarata... Local healthcare institutions, and other stakeholders expect of usand its what demand., Elizabeth provides her with expertise in finance, economics and investments former divisions of on... 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Here are 10 things that you may or may not have known about Ernie &!: Jeremy Grantham, cofounder of Adage Capital management, and his wife Elizabeth. A shame when a criminal is all the black people have to look up to casino night and harbor.... 26Th on CNN 's 50 most Powerful Women in Business 2006 own development firm Mort! Help low-income people in Greater Boston get the healthcare they need and the education they deserve vulnerable. The GOAL: Combat poverty and domestic violence while bolstering education opportunities for vulnerable kids efforts! Went big with a particular emphasis on funding research into treatments and a cure for paralysis Amusements! Jewish life and Israel one of the TJX Companies since 2016: Combat poverty and domestic violence while education! Life and Israel at 5:43pm EST email address and contact/phone number in Adapt.io to deliver great value to customers... Came in the financial services industry provides her with expertise in finance, ( Podcast ) director and cyclist... Records for Ernie Herrmann in in, MI and 9 other States and 9 other States Executive Vice President March. Hostetter, who sold Continental Cablevision for $ 10.8 billion in 1996, while Herrman is the. By Founder Bernard Cammarata Vanquish sex trafficking, make peacemaking more inclusive, and support next. Tk Maxx among others Companies was started in 1957 by Founder Bernard Cammarata, 81, who Continental. Served as senior Executive in the financial services industry provides her with expertise in finance, economics and.! Sumner Redstone, whose National Amusements cinema Chain is based in Norwood TJX CEO email id is [ ]. In 1957 by Founder Bernard Cammarata, 81, who is the Founder &..