Press release from Business Wire
The TJX Companies, Inc. Elects Dawn Lepore to Board of Directors
Tuesday, June 11, 2013
The TJX Companies, Inc. Elects Dawn Lepore to Board of Directors11:13 EDT Tuesday, June 11, 2013
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, reported that its shareholders elected Dawn Lepore to its Board of Directors at the Company's annual meeting today. Ms. Lepore joins a slate of ten ongoing directors who were reelected at the meeting.
Dawn Lepore, 59, most recently served as interim Chief Executive Officer at Prosper Marketplace, Inc., a peer-to-peer lending marketplace, from March 2012 until January 2013. Previously, she was CEO and Chairman of the Board of drugstore.com, inc., a leading online retailer of health, beauty, and wellness products, which she led from 2004 until its sale to Walgreen Co. in 2011. Prior to joining drugstore.com, Ms. Lepore held various leadership positions at The Charles Schwab Company, over the course of 21 years, including Vice Chairman of Technology, Operations, Business Strategy and Administration, and Chief Information Officer. She also served, at various times, as a member of Schwab's executive committee and as a trustee of SchwabFunds.
Ben Cammarata, Chairman of the Board of The TJX Companies, Inc., commented, “We are very pleased to welcome Dawn Lepore to our Board of Directors. Dawn brings extensive experience and expertise in e-commerce and information technology, including a strong background in building and operating online retail businesses. We believe that Dawn's deep, valuable knowledge and experience will be important complements to our Board as TJX sees e-commerce as a significant long-term strategy to enhance the off-price experience for our customers and drive profitable sales. On behalf of our Board, we are very much looking forward to working with Dawn as we continue to pursue TJX's many near- and long-term growth opportunities.”
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 1,047 T.J. Maxx, 911 Marshalls, 426 HomeGoods and 4 Sierra Trading Post stores as well as SierraTradingPost.com in the United States; 226 Winners, 89 HomeSense, and 21 Marshalls stores in Canada; and 352 T.K. Maxx and 24 HomeSense stores in Europe. TJX's press releases and financial information are also available at www.tjx.com.
Important Information at Website
The Company routinely posts information that may be important to investors in the Investor Information section at www.tjx.com. The Company encourages investors to consult that section of its website regularly.
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 expansion and management of large size and scale; customer trends and preferences; market, banner, geographic and category expansion; marketing, advertising and promotional programs; competition; personnel recruitment and retention and costs of labor; global economic conditions and consumer spending; data security; information systems and new technology; seasonal influences; adverse or unseasonable weather; serious disruptions and catastrophic events; corporate and banner reputation; merchandise quality and safety; expanding international operations; merchandise importing; commodity pricing; fluctuations in currency exchange rates; fluctuations in quarterly operating results and market expectations; acquisitions, business investments and divestitures; compliance with laws, regulations and orders; changes in laws and regulations; outcomes of litigation, legal matters and proceedings; tax matters; real estate activities; cash flow 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.
Sherry Lang or Debra McConnell