The TJX Companies the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced that Nirmal K. “Trip” Tripathy, 49, has been named Executive Vice President (EVP), Chief Financial Officer (CFO). Mr. Tripathy will report to Jeffrey Naylor, 48, who was named Chief Administrative and Business Development Officer.
Trip Tripathy joins TJX from Macy's Florida Inc, a division of Federated Department Stores, where he had been President and Chief Operating Officer since 2003 and Executive Vice President since July 2002.
As President of his division, he had responsibility for Finance, Operations, Stores, Human Resources and Real Estate. Mr. Tripathy has broad financial and international experience across the retail and consumer products industries, having previously held senior positions with Limited Brands and PepsiCo.
His experience spans a wide variety of areas, including several division CFO roles, as well as positions in business development, strategy, financial planning and analysis, and financial reporting and control.
Earlier in his career, Mr. Tripathy was a consultant with PricewaterhouseCoopers, and is a Certified Public Accountant.
Jeff Naylor joined TJX in January of 2004 as Chief Financial Officer, and was promoted to Chief Financial and Administrative Officer in September 2006, and as of has assumed his new role as Chief Administrative and Business Development Officer.
He also remains a Senior Executive Vice President of the Company. Prior to TJX, he was Chief Financial Officer of Big Lots, and, earlier in his career, held senior financial positions with such companies as Limited Brands, Sears, Roebuck and Co and Kraft Foods. Mr. Naylor will continue to report to Donald Campbell, the Company's Vice Chairman.
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