The TJX Companies, Inc. Elects C. Kim Goodwin to Board of Directors
October 27 2020 - 10:00AM
Business Wire
The TJX Companies, Inc. (NYSE: TJX), the leading off-price
apparel and home fashions retailer in the U.S. and worldwide,
announced today that on October 26, 2020, its Board of Directors
elected C. Kim Goodwin to the Board, effective immediately.
Ms. Goodwin is an experienced financial services professional.
Her long career in the industry includes serving as Managing
Director and Head of Equities (Global) for the Asset Management
Division of Credit Suisse Group AG from 2006 to 2008, and as Chief
Investment Officer – Equities at State Street Research &
Management Co., a money management firm, from 2002 to 2005. She is
now a private investor. Ms. Goodwin also serves on the board of
directors of Popular, Inc., a financial institution based in Puerto
Rico that she joined in 2011, and previously was on the board of
Akamai Technologies, Inc. and CheckFree Corporation.
Ms. Goodwin’s many years of experience in investment and
financial services, as well as her years of service as a public
company director in different industries, provide her with strong
analytical skills, business acumen and experience in risk
assessment and management, as well as a deep understanding of
financial markets and corporate strategies.
Carol Meyrowitz, Executive Chairman of the Board of The TJX
Companies, Inc., stated, “We are delighted to have Kim join TJX as
a new member of our Board of Directors. She will bring a fresh
perspective to the boardroom, informed by her years of experience
in the financial sector and as a public company director, further
enhancing our Board’s diversity and strength. We look forward to
working with Kim as we continue to focus on the near- and long-term
strength, stability and success of the Company.”
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
1, 2020, the end of the Company’s second quarter, the Company
operated a total of 4,557 stores in nine countries, the United
States, Canada, the United Kingdom, Ireland, Germany, Poland,
Austria, the Netherlands, and Australia, and four e-commerce sites.
These include 1,271 T.J. Maxx, 1,134 Marshalls, 818 HomeGoods, 46
Sierra, and 34 Homesense stores, as well as tjmaxx.com,
marshalls.com, and sierra.com in the United States; 279 Winners,
141 HomeSense, and 102 Marshalls stores in Canada; 597 T.K. Maxx
and 78 Homesense stores, as well as tkmaxx.com, in Europe; and 57
T.K. Maxx stores in Australia. TJX’s press releases and financial
information are available at TJX.com.
Important Information at
Website
The Company routinely posts information that may be important to
investors in the Investors section at 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; economic
conditions and consumer spending; the ongoing COVID-19 global
pandemic and associated containment and remediation efforts; labor
costs and workforce challenges; personnel recruitment, training and
retention; data security and maintenance and development of
information technology systems; corporate and retail banner
reputation; quality, safety and other issues with our merchandise;
compliance with laws, regulations and orders and changes in laws,
regulations and applicable accounting standards; serious
disruptions or catastrophic events and adverse or unseasonable
weather; expanding international operations; merchandise sourcing
and transport; 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;
outcomes of litigation, legal proceedings and other legal or
regulatory matters; disproportionate impact of disruptions in the
second half of the fiscal year; cash flow; inventory or asset loss;
tax matters; real estate activities; 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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version on businesswire.com: https://www.businesswire.com/news/home/20201027005763/en/
The TJX Companies, Inc. Debra McConnell Global Communications
(508) 390-2323
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