The TJX Companies Executive Compensation (FY26)

Name: The TJX Companies (TJX) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

TJX · Executive and director compensation, fiscal 2022 to 2026

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Data as of September 19, 2026Latest filing (8-K): June 11, 2026

14 filings cited on this page

Method: intel.velarion.ai/methodology

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311 figures on this page: 301 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

Chief executive, fiscal 2026

◇

Ernie Herrman

Latest say-on-pay support

June 9, 2026

Chief executive pay ratio

◇

To the median employee

What changed from fiscal 2025 to fiscal 2026

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive total compensation — Ernie Herrman: $23,482,528 → $26,603,537 (13.3% higher)

Say-on-pay support: 94.1% → 92.8% (1.3 points lower)

CEO pay ratio: 1,565:1 → 1,774:1 (13.4% higher)

Frequently asked questions

Answers drawn from the data on this page.

Who is The TJX Companies' chief executive and what were they paid?

Total compensation for Ernie Herrman, Chief Executive Officer and President, came to $26,603,537 in fiscal 2026. Herrman's total moved 13.3% higher from the $23,482,528 reported for fiscal 2025.

What was The TJX Companies' say-on-pay result?

For fiscal 2026, shareholders backed the say-on-pay proposal with 92.8% of votes cast for or against in favor at the meeting held June 9, 2026.

Which companies are in The TJX Companies' peer group?

Companies named in the disclosed peer group include Best Buy, Coca-Cola, Estée Lauder, Kimberly-Clark and Kohl's, among others.

What is The TJX Companies' chief executive pay ratio?

The disclosed chief executive pay ratio for fiscal 2026 is 1,774:1, against median employee compensation of $14,994.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ernie Herrman Chief Executive Officer and President	◇	—	◇	—	◇	◇	◇	◇
Carol Meyrowitz Executive Chairman of the Board	◇	—	◇	—	◇	◇	◇	◇
Scott Goldenberg Senior Executive Vice President, Chief Financial Officer	◇	—	◇	◇	—	◇	◇	◇
Kenneth Canestrari Senior Executive Vice President, Group President	◇	—	◇	—	◇	◇	◇	◇
Richard Sherr Senior Executive Vice President, Group President	◇	—	◇	—	◇	◇	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ernie Herrman Chief Executive Officer and President	◇	—	◇	—	◇	—	◇	◇
Carol Meyrowitz Executive Chairman	◇	—	◇	—	◇	◇	◇	◇
Scott Goldenberg SEVP, Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
Richard Sherr SEVP, Group President	◇	—	◇	—	◇	—	◇	◇
Kenneth Canestrari SEVP, Group President	◇	—	◇	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ernie Herrman Chief Executive Officer and President	◇	—	◇	—	◇	◇	◇	◇
Carol Meyrowitz Executive Chairman	◇	—	◇	—	◇	◇	◇	◇
Scott Goldenberg SEVP, Finance	◇	—	◇	—	◇	◇	◇	◇
Douglas Mizzi SEVP, Group President	◇	—	◇	—	◇	◇	◇	◇
Kenneth Canestrari SEVP, Group President	◇	—	◇	—	◇	◇	◇	◇
John Klinger EVP, Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ernie Herrman Chief Executive Officer and President	◇	—	◇	—	◇	◇	◇	◇
Carol Meyrowitz Executive Chairman	◇	—	◇	—	◇	◇	◇	◇
Douglas Mizzi SEVP, Group President	◇	—	◇	—	◇	◇	◇	◇
Kenneth Canestrari SEVP, Group President	◇	—	◇	—	◇	◇	◇	◇
John Klinger SEVP, Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇

Fiscal 2026

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ernie Herrman Chief Executive Officer and President	◇	—	◇	—	◇	◇	◇	◇
Carol Meyrowitz Executive Chairman	◇	—	◇	—	◇	◇	◇	◇
Kenneth Canestrari SEVP, Group President	◇	—	◇	—	◇	◇	◇	◇
Douglas Mizzi SEVP, Group President	◇	—	◇	—	◇	◇	◇	◇
John Klinger SEVP, Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2026

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Carol Meyrowitz	PSU	—	◇	◇	—	◇	—	◇
Carol Meyrowitz	RSU	—	—	—	◇	—	—	◇
Douglas Mizzi	PSU	—	◇	◇	—	◇	—	◇
Douglas Mizzi	RSU	—	—	—	◇	—	—	◇
Ernie Herrman	RSU	—	—	—	◇	—	—	◇
Ernie Herrman	PSU	—	◇	◇	—	◇	—	◇
John Klinger	PSU	—	◇	◇	—	◇	—	◇
John Klinger	RSU	—	—	—	◇	—	—	◇
Kenneth Canestrari	RSU	—	—	—	◇	—	—	◇
Kenneth Canestrari	PSU	—	◇	◇	—	◇	—	◇

Fiscal 2023, 2024, 2025 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2026 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
John Klinger	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Kenneth Canestrari	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Carol Meyrowitz	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Ernie Herrman	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Douglas Mizzi	RSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Carol Meyrowitz

Executive Chairman · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇
Clawback	◇

Douglas Mizzi

SEVP, Group President · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇
Clawback	◇

Ernie Herrman

Chief Executive Officer and President · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

John Klinger

SEVP, Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Kenneth Canestrari

SEVP, Group President · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Severance base	◇
Severance cash amount	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇
Clawback	◇

Director compensation

What each non-employee director was paid.

Fiscal 2026

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Alan M. Bennett Lead independent director	◇	◇	—	—	—	—	◇
Amy B. Lane	◇	◇	—	—	—	—	◇
Rosemary T. Berkery	◇	◇	—	—	—	—	◇
David T. Ching	◇	◇	—	—	—	—	◇
Jackwyn L. Nemerov	◇	◇	—	—	—	—	◇
Charles F. Wagner Jr	◇	◇	—	—	—	—	◇
Jos B. Alvarez	◇	◇	—	—	—	—	◇
C. Kim Goodwin	◇	◇	—	—	—	—	◇

Carol Meyrowitz and Ernie Herrman served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Lead independent director premium	◇
Audit committee chair	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as deferred stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2026

Best Buy BBY
Coca-Cola KO
Estée Lauder EL
Kimberly-Clark KMB
Kohl's KSS
Lowe's LOW
Macy's M
McDonald's MCD
Mondelez MDLZ
Nike NKE
PepsiCo PEP
Procter & Gamble PG
Ross Stores ROST
Starbucks SBUX
Target TGT
The Home Depot HD
Walmart WMT

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2026	June 9, 2026	=	◇	◇	◇
2025	June 10, 2025	=	◇	◇	◇
2024	June 4, 2024	=	◇	◇	◇
2023	June 6, 2023	=	◇	◇	◇
2022	June 7, 2022	=	◇	◇	◇
2021	June 8, 2021	=	◇	◇	◇
2020	June 9, 2020	=	◇	◇	◇
2019	June 4, 2019	=	◇	◇	◇
2017	June 6, 2017	=	◇	◇	◇
2016	June 7, 2016	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

What this page does not include

Everything above is a fact The TJX Companies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where The TJX Companies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $1,500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $1,500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $1,200

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

311 figures on this page: 301 cited to the filing that reported them, 10 calculated from figures it prints.

301 cited to the filing

10 calculated from the filing

Documents cited

8-K, filed June 11, 2026
0000109198-26-000041
Proposal 3 : On an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission
DEF 14A, filed April 30, 2026
0000109198-26-000015
CEO Pay Ratio · DIRECTOR COMPENSATION · DIRECTOR COMPENSATION FOR FISCAL 2026 · Grants of Plan-Based Awards in Fiscal 2026 · and 2 more sections
8-K, filed June 13, 2025
0000109198-25-000047
Proposal 3 : On an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission
DEF 14A, filed May 1, 2025
0000109198-25-000024
Compensation Discussion and Analysis · SUMMARY COMPENSATION TABLE
8-K, filed June 6, 2024
0000109198-24-000040
DEF 14A, filed April 25, 2024
0000109198-24-000023
SUMMARY COMPENSATION TABLE
8-K, filed June 8, 2023
0000109198-23-000040
DEF 14A, filed April 27, 2023
0000109198-23-000014
SUMMARY COMPENSATION TABLE · Summary Compensation Table
8-K, filed June 9, 2022
0000109198-22-000038
8-K, filed June 10, 2021
0000109198-21-000024
8-K, filed June 11, 2020
0000109198-20-000013
8-K, filed June 5, 2019
0001193125-19-166162
8-K, filed June 7, 2017
0001193125-17-196926
8-K, filed June 9, 2016
0001193125-16-617825

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Velarion, “The TJX Companies executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/TJX (accessed 2026).

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14 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Peers The TJX Companies discloses

The companies named in TJX's own disclosed peer group.

Best Buy Coca-Cola Estée Lauder Kimberly-Clark Kohl's Lowe's Macy's McDonald's Mondelez Nike PepsiCo Procter & Gamble Ross Stores Starbucks Target The Home Depot Walmart

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

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Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}