Press release from Business Wire
The TJX Companies, Inc. Names Scott Goldenberg Chief Financial Officer
Tuesday, January 31, 2012
FRAMINGHAM, Mass. (Business Wire) -- The TJX Companies, Inc. (NYSE:TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced today that Scott Goldenberg, 58, has been promoted to Chief Financial Officer, retaining his Executive Vice President title, effective January 29, 2012, the beginning of TJX's fiscal year. Mr. Goldenberg will oversee Corporate Finance for TJX and continue to report to Jeffrey Naylor who had resumed the CFO position in 2009. Mr. Naylor will continue as Senior Executive Vice President, Chief Administrative Officer and also have responsibility for other corporate functions, including Information Technology, Legal, Risk Management, and Investor Relations.
Carol Meyrowitz, Chief Executive Officer of The TJX Companies, Inc., commented, “I am delighted with Scott's promotion to TJX's CFO position. Scott, who has spent the vast portion of his career at TJX, is both an outstanding financial and all-around executive with a very deep understanding of our business and organization. He has touched many parts of this Company, having spent a good deal of time at The Marmaxx Group and, for the past few years, has worked closely with Jeff Naylor, overseeing most of the corporate finance functions. Scott is well regarded within TJX as a leader and places great emphasis on professional development within the organization. Jeff is a tremendous executive and with Scott in his new role, I'm confident that TJX will benefit from their combined leadership abilities, expertise and experience.”
Scott Goldenberg first joined TJX's predecessor company, Zayre Corp., in 1983 as a Financial Analysis Manager and rose through the ranks of the finance organization. He left the Company in 1988 to head the finance division of Auto Palace, a division of Rite-Aid at the time, and then served as Chief Financial Officer after the firm was acquired, until 1996. In January 1997, he rejoined TJX as Vice President, Corporate Controller and then moved to The Marmaxx Group, where he spent the next eight years, his last position at Marmaxx being Senior Vice President, Director of Finance. In 2007, Mr. Goldenberg was promoted to Senior Vice President, Corporate Controller and since 2009, has held the title of Executive Vice President, Finance for The TJX Companies.
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. The Company operates 986 T.J. Maxx, 891 Marshalls, and 375 HomeGoods stores in the United States; 216 Winners, 86 HomeSense, and 6 Marshalls stores in Canada; and 333 T.K. Maxx and 24 HomeSense stores in Europe. TJX's press releases and financial information are also available at www.tjx.com.
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: global economies and credit and financial markets; foreign currency exchange rates; buying and inventory management; market, geographic and category expansion; customer trends and preferences; quarterly operating results; marketing, advertising and promotional programs; data security; seasonal influences; large size and scale; unseasonable weather; serious disruptions and catastrophic events; competition; personnel recruitment and retention; acquisitions and divestitures; information systems and technology; cash flows; consumer spending; merchandise quality and safety; merchandise importing; international operations; commodity prices; compliance with laws, regulations and orders; changes in laws and regulations; outcomes of litigation and proceedings; real estate leasing; market expectations; tax matters 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.
The TJX Companies, Inc.
Senior Vice President