TJX CEO Carol Meyrowitz is Exiting in Style

The reign of one of the most successful chief executives in retailing will come to an end early next year when TJX Cos.’ Carol Meyrowitz plans to step down. In her nine years as CEO of the discount fashion and home goods retailer, sales soared 67 percent to $29.1 billion and income nearly tripled to $2.2 billion. Meyrowitz, 61, is credited with making the Framingham, Mass.-based company a recession-resistant powerhouse that has outpaced its peers year in and year out. TJX said Wednesday that Meyrowitz will be succeeded by her second in command, president and 26-year TJX veteran Ernie Herrman.