The TJX Companies, the world’s largest off-price apparel and home fashions retailer, has been led by Ernie Herrman since January 2016. As Chief Executive Officer and President, Herrman oversees a global empire of more than 5,000 stores across nine countries, including iconic brands TJ Maxx, Marshalls, HomeGoods, Winners, and TK Maxx. A 36-year TJX veteran who joined the company in 1989, Herrman has driven the retailer past the $60 billion revenue milestone in fiscal year 2026 and has grown TJX’s market capitalization to approximately $170 billion, making it one of the most valuable retail companies in the world.

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Ernie Herrman – Quick Facts

TJX Companies Competitors

TJX Companies operates in the off-price retail segment, competing with a mix of discount retailers and specialty apparel companies. The key competitors of TJX include:

• Ross Stores (Ross Dress for Less, dd’s DISCOUNTS) – largest direct off-price competitor
• Burlington Stores – growing off-price department store chain
• Nordstrom Rack – off-price arm of Nordstrom
• Target Corporation – mass-market discount retailer
• Walmart – world’s largest retailer by revenue
• Amazon – dominant e-commerce competitor
• Primark (Associated British Foods) – international value fashion
• Five Below – value-oriented specialty retailer

Ernie Herrman Net Worth 2026 – TJX CEO Salary

As of 2026, Ernie Herrman’s net worth is estimated at approximately $68–$116 million USD, based on his disclosed TJX stock holdings and accumulated compensation over more than three decades at the company. Herrman directly owns approximately 466,189 shares of TJX stock, valued at over $68 million based on the current stock price of around $160 per share. When factoring in additional assets, vested stock options, and decades of high compensation, his total net worth is estimated in the $100–$116 million range by some analysts.

Herrman has been one of the highest-paid CEOs in the retail industry consistently. His compensation has grown steadily alongside TJX’s financial performance, with his total pay rising from approximately $18.5 million in FY2022 to $23.5 million in FY2025.

TJX CEO Compensation Breakdown (FY2025)

TJX Companies Net Worth 2026 – Is TJX Profitable?

Yes, TJX Companies is highly profitable and one of the most successful retailers in the world. Under CEO Ernie Herrman, TJX has consistently delivered strong financial results, surpassing $60 billion in annual revenue for the first time in fiscal year 2026 (ended January 31, 2026). The company reported net income of $5.5 billion, diluted EPS of $4.87 (up 14% year-over-year), and returned $4.1 billion to shareholders through stock buybacks and dividends.

TJX Companies Financial Summary

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TJX CEO Email Address | Ernie Herrman Contact

Below are the official contact details for TJX Companies CEO Ernie Herrman:

Ernie Herrman is famously one of the most private Fortune 100 CEOs, maintaining no public LinkedIn profile, Twitter/X account, or other social media presence. He prefers to let TJX’s results speak for themselves.

Career & Education – Company, University & College

Ernie Herrman’s career is remarkable for its singularity — he has spent his entire professional life at one company. Joining TJX Companies in 1989 in a merchandising role, he rose through the ranks over more than three decades to become the leader of the world’s largest off-price retailer. His deep institutional knowledge and merchandising expertise have been instrumental in TJX’s growth from a primarily domestic retailer to a global powerhouse.

Ernie Herrman Career Timeline

Herrman began his TJX career in merchandising, where he developed an intimate understanding of the off-price buying model that would define his leadership approach. He steadily advanced through the organization, becoming SVP and COO of the Marmaxx division (TJ Maxx and Marshalls) in 2004 and then President of Marmaxx in 2005.

In 2008, he was promoted to Senior Executive Vice President and Group President, overseeing Marmaxx, HomeGoods, and TJX Canada — the company’s three largest divisions. He was named President of TJX Companies in January 2011, effectively making him the heir apparent to then-CEO Carol Meyrowitz. He was elected to the Board of Directors in October 2015 and formally assumed the CEO role in January 2016.

Education

Herrman earned his bachelor’s degree from Boston College in Chestnut Hill, Massachusetts. A marketing professor named Eugene Bronstein, who had previously served as a retail executive, introduced Herrman to the world of merchandising and sparked his interest in the retail industry. This mentorship proved pivotal, as Herrman went on to build his entire career in retail merchandising at TJX.

Ernie Herrman as TJX CEO – Leadership & Achievements

Since becoming CEO in January 2016, Ernie Herrman has delivered exceptional results for TJX shareholders and has cemented the company’s position as the undisputed leader in off-price retail. Under his leadership, TJX has achieved numerous milestones:

• Revenue Growth: TJX revenue has grown from approximately $33 billion in FY2016 to over $60 billion in FY2026, nearly doubling in a decade
• Store Expansion: Expanded from approximately 3,600 stores to more than 5,000 stores across nine countries, with a long-term target of 7,000 stores globally
• Market Cap Growth: TJX’s market capitalization has grown from roughly $50 billion when he took over as CEO to approximately $170 billion in 2026 — a more than threefold increase
• Pandemic Resilience: Successfully navigated TJX through the COVID-19 pandemic, pivoting to e-commerce and safely reopening stores ahead of schedule
• Record Q4 FY2026: Delivered Q4 FY2026 net income of $1.8 billion with diluted EPS of $1.58, up 28% year-over-year
• Shareholder Returns: In FY2025 alone, returned $4.1 billion to shareholders through $2.5 billion in stock buybacks and $1.6 billion in dividends
• Dividend Consistency: Maintained 46+ consecutive years of dividend payments, one of the most consistent records in all of retail
• International Expansion: Grew TK Maxx across Europe and expanded into new international markets

Ernie Herrman Wiki – Age, Family & More

TJX CEO Ernie Herrman (age 64) is an intensely private individual who maintains one of the lowest public profiles of any Fortune 100 CEO. Born around 1961, Herrman grew up in the northeastern United States and was drawn to the retail industry during his studies at Boston College.

Herrman is married to Kathleen Herrman, and the couple has three children. Beyond these basic facts, the Herrman family maintains an exceptionally private life. Kathleen Herrman has chosen to stay out of the public spotlight, focusing on family and personal commitments rather than public appearances.

Outside of his role at TJX, Herrman is a dedicated philanthropist. He serves on the Board of Trustees of Save the Children, one of the world’s leading humanitarian organizations for children. TJX has also been a significant corporate partner of Save the Children under his leadership.

Notable Achievements & Recognitions

• Save the Children Board Member – Serves on the Board of Trustees of the global humanitarian organization
• Worcester Business Journal Power 50 – Named to the Power 50 list of most influential business leaders in Central Massachusetts multiple years
• Highest-Paid CEO in Central Massachusetts – Consistently ranked #1 in regional CEO compensation
• Fortune 500 Leadership – Leads TJX, ranked among the top 100 companies on the Fortune 500 list
• Boston College Changemakers – Recognized by his alma mater for business leadership

About The TJX Companies

The TJX Companies, Inc. is an American multinational off-price department store corporation headquartered in Framingham, Massachusetts. Founded in 1976, TJX is the world’s largest off-price retailer, operating over 5,000 stores across nine countries under multiple banner brands:

TJX trades on the New York Stock Exchange under the ticker symbol TJX. The company has announced a long-term store target of 7,000 locations globally, suggesting significant runway for continued growth from its current base of over 5,000 stores.

Frequently Asked Questions (FAQ)

Who is the current CEO of TJX Companies?

The current CEO of TJX Companies is Ernie Herrman (Ernest L. Herrman), who has served as Chief Executive Officer and President since January 2016. He joined TJX in 1989 and has spent his entire career at the company, making him one of the longest-tenured retail executives in the industry.

What is Ernie Herrman’s net worth in 2026?

As of 2026, Ernie Herrman’s net worth is estimated at $68–$116 million USD, based primarily on his disclosed holdings of approximately 466,189 shares of TJX stock and decades of high compensation. His exact net worth may be higher when accounting for private investments and other assets.

What is TJX CEO’s salary?

Ernie Herrman’s total compensation for fiscal year 2025 was approximately $23.5 million, including a $1.7 million base salary, $6.9 million annual bonus, and $12.6 million in stock awards. Over 90% of his compensation is performance-based.

What is TJX CEO’s email address?

TJX CEO Ernie Herrman’s email address is [email protected]. TJX uses the [email protected] email format. He can also be reached at TJX’s corporate headquarters at 770 Cochituate Road, Framingham, MA 01701, or by calling 1-508-390-1000.

How many stores does TJX operate?

TJX operates over 5,000 stores worldwide across nine countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia. The company has a long-term target of 7,000 stores globally.

Is TJX Companies a profitable company?

Yes, TJX is highly profitable. In fiscal year 2026 (ended January 31, 2026), TJX reported net income of $5.5 billion on revenue of $60.4 billion. The company achieved a pretax profit margin above 11% and returned over $4 billion to shareholders through dividends and stock buybacks.

Article last updated: March 2026