TJX Realigns Management; Herrman Named President
February 2, 2011,
FRAMINGHAM, Mass.--The TJX Cos. has restructured its management as it continues to plan for the succession of its leadership.
Also, Nan Stutz, president of the HomeGoods division, has been named senior executive vice president and group president. Michael MacMillan, president of The Marmaxx Group, has been promoted to senior executive vice president and group president. Stutz and MacMillan report to Herrman, as do Jerome Rossi, senior executive vice president for real estate, logistics and procurement; Paul Sweetenham, senior executive vice president and head of TJX Europe; and Greg Flores, chief human resources officer.
Meyrowitz said the new structure provides "an effective, seamless leadership succession plan," which will allow her to delegate more day-to-day responsibilities and reduce her overall time commitment.
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money