Nan Stutz

Framingham, Mass. -- The TJX Cos. announced Wednesday several senior management shifts, including moving current Marmaxx Group head Michael MacMillan to the company’s European division. MacMillan, who has been in charge of the company’s largest division comprised of T.J. Maxx and Marshalls, will now be senior executive VP of TJX Europe. MacMillan replaces Paul Sweetenham, who recently resigned. The current president of HomeGoods, Richard Sherr, will return to Marmaxx Group as senior executive VP. The company said that Ernie Herrman will continue as TJX president, a title he assumed in February 2011, and will continue to report to Carol

TJX said it's restructured its executive management as part of the retailer's ongoing leadership succession planning. Carol Meyrowitz has inked another two-year employment agreement as CEO. Ernie Herrman has been promoted to president of TJX from his post of senior executive VP group president.