TJX Companies CEO Ernie Herrman's 2019 pay rises 12% to $19M
TJX Companies reports 2019 executive compensation
By ExecPay News
Published: April 25, 2019
TJX Companies reported fiscal year 2019 executive compensation information on April 25, 2019.
In 2019, five executives at TJX Companies received on average a compensation package of $9.7M, which is about the same as previous year.
Ernie Herrman, Chief Executive Officer, received $19M in total, which increased by 12% compared to 2018. 51% of Herrman's compensation, or $9.6M, was in stock awards. Herrman also received $409K of change in pension value and nonqualified deferred compensation earnings, $5.6M in non-equity incentive plan, $1.6M in salary, as well as $1.6M in other compensation.
Carol Meyrowitz, Chairman, received a compensation package of $11M, which decreased by 16% compared to previous year. 44% of the compensation package, or $5M, was in stock awards.
Richard Sherr, SEVP, Group President, earned $6.7M in 2019, a 9% increase compared to previous year.
Scott Goldenberg, Chief Financial Officer, received $6.4M in 2019, which increases by 10% compared to 2018.
Kenneth Canestrari, SEVP, Group President, earned $5.1M in 2019.
TJX Companies' fiscal year ends on February 1.