Female CEOs of Fortune 500 Companies: Carol Meyrowitz
Fortune 500 Company: TJX Companies
Became CEO: January 2007
TJX Stock Under Meyrowitz: +336% (vs. +27% for S&P 500)
Arguably the most impressive of this list of female CEOs is Carol Meyrowritz — the leading lady of discount chain TJX Companies (TJX). While the other powerful women on the list were appointed after the worst of the Great Recession, Meyrowitz steered TJX straight through the downturn … and did so pretty flawlessly.
Sure, TJX Co. was naturally at an advantage considering discounts were in high demand during the pullback. But TJX stock didn’t just stay steady during the downturn. It soared.
Since early 2007, shares of TJX stock have jumped 336% vs. a 27% gain for the broader market. In 2013 alone, TJX Co. is up 46% so far. Meyrowitz has maintained the company’s strong earnings growth — to the tune of a 22% improvement per year over past half-decade — and also has lofty goals. Namely, she wants the retail chain to top $40 billion in sales and 4,500 in store count.
TJX is No. 115 on the list of Fortune 500 companies, while Carol Meyrowitz is No. 82 on the Forbes list of Power Women.
As of this writing, Alyssa Oursler did not hold a position of any aforementioned securities.