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Founder of TJX Cos. to retire from board


The TJX Cos. Inc. announced Wednesday that Chairman Bernard Cammarata will retire following the company’s annual shareholder meeting scheduled for June 11.

Cammarata, 75, founder and chairman of the TJX Companies Inc., has nearly 40 years with the company.

Carol Meyrowitz, 61, who has served as CEO of TJX since January 2007, been a board director since 2006 and joined the company in 1983, will succeed him as chairman.

Cammarata has been chairman of the board of TJX since 1999. He founded T.J. Maxx in 1976 and served as its president until 1987. At that time, he was named president and CEO of TJX, and served in that position until 2000. Cammarata also was acting CEO of TJX from September 2005 to January 2007. He also previously served as chairman of The Marmaxx Group, the company’s largest division.

After his retirement from the board, Cammarata will remain with the company in an advisory role as founder and executive advisor.

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