The TJX Companies, Inc. Elects Rosemary T. Berkery to Board of Directors
September 17 2018 - 1:32PM
Business Wire
The TJX Companies, Inc. (NYSE:TJX), the leading off-price
retailer of apparel and home fashions in the U.S. and worldwide,
announced today that Rosemary T. Berkery has been elected to its
Board of Directors.
Ms. Berkery, age 65, was Chairman of UBS Bank USA and Vice
Chairman of UBS Wealth Management Americas, a bank and a wealth
management firm, from March 2010 until April 2018, also serving as
CEO of UBS Bank USA from March 2010 until December 2015. Before
joining UBS, she held a variety of roles over more than 25 years at
Merrill Lynch & Co., Inc., the global securities and financial
services business, until her departure in January 2009, including
Executive Vice President and General Counsel from 2001 and Vice
Chairman from 2007. Her long career as an executive in the
financial services industry provides her with expertise in finance,
investment strategies, acquisitions, and management of complex
organizations, as well as significant experience in governance,
compliance, and risk assessment and oversight.
Carol Meyrowitz, Executive Chairman of the Board of The TJX
Companies, Inc., stated, “We are delighted to welcome Rosemary to
our Board of Directors. Her experience in a broad range of
financial service roles and her management of complex organizations
will be an excellent complement to the backgrounds of our current
Board. TJX values diversity throughout our organization and our
Board, and with the election of Rosemary, now five of our eleven
Board members are women. On behalf of our Board, we very much look
forward to working with Rosemary as we continue to pursue TJX’s
many avenues for near- and long-term growth around the globe.”
About The TJX Companies,
Inc.
The TJX Companies, Inc. is the leading off-price retailer of
apparel and home fashions in the U.S. and worldwide. As of August
4, 2018, the end of the Company’s second quarter, the Company
operated a total of 4,194 stores in nine countries, the United
States, Canada, the United Kingdom, Ireland, Germany, Poland,
Austria, the Netherlands, and Australia, and three e-commerce
sites. These include 1,236 T.J. Maxx, 1,077 Marshalls, 716
HomeGoods, 8 Homesense and 33 Sierra Trading Post stores, as well
as tjmaxx.com and sierratradingpost.com in the United States; 270
Winners, 120 HomeSense, and 79 Marshalls stores in Canada; 552 T.K.
Maxx and 61 HomeSense stores, as well as tkmaxx.com, in Europe; and
42 T.K. Maxx stores in Australia. TJX’s press releases and
financial information are also available at tjx.com.
Important Information at
Website
The Company routinely posts information that may be important to
investors in the Investor Information section at www.tjx.com. The
Company encourages investors to consult that section of its website
regularly.
Forward-looking
Statement
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: Various statements made in this release are
forward-looking and involve a number of risks and uncertainties.
All statements that address activities, events or developments that
we intend, expect or believe may occur in the future are
forward-looking statements. The following are some of the factors
that could cause actual results to differ materially from the
forward-looking statements: execution of buying strategy and
inventory management; operational and business expansion and
management of large size and scale; customer trends and
preferences; various marketing efforts; competition; personnel
recruitment, training and retention; labor costs and workforce
challenges; data security; information systems and new technology;
economic conditions and consumer spending; adverse or unseasonable
weather; serious disruptions or catastrophic events; disruptions in
the second half of the fiscal year; corporate and retail banner
reputation; quality, safety and other issues with merchandise;
expanding international operations; merchandise importing;
commodity availability and pricing; fluctuations in currency
exchange rates; fluctuations in quarterly operating results and
market expectations; mergers, acquisitions, or business investments
and divestitures, closings or business consolidations; compliance
with laws, regulations and orders and changes in laws, regulations
and applicable accounting standards; outcomes of litigation, legal
proceedings and other legal or regulatory matters; tax matters;
real estate activities; cash flow and other factors that may be
described in our filings with the Securities and Exchange
Commission. We do not undertake to publicly update or revise our
forward-looking statements even if experience or future changes
make it clear that any projected results expressed or implied in
such statements will not be realized.
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