Home breadcru News breadcru Company breadcru TJX Companies adds Amy Lane to its BOD

TJX Companies adds Amy Lane to its BOD

04 Nov '05
2 min read

Leading off-price apparel retailer The TJX Companies Inc has elected Amy B. Lane to its Board of Directors.

Lane, 52, was an investment banker for 25 years, specializing in the retail industry. She currently serves as the Presiding Director of Borders Group Inc and is a trustee at MFS Funds and Federal Realty Investment Trust, where she also serves as Chair of the Compensation Committee.

From 1997 until her retirement in 2002, Lane served as Group Leader of the Global Retailing Investment Banking Group at Merrill Lynch & Co Inc. Before working at Merrill Lynch, she founded and led the retail industry investment-banking unit at Salomon Brothers, Inc., having joined that firm in 1989.

Lane began her investment-banking career at Morgan Stanley & Co. in 1977. Lane received an M.B.A. in Finance from The Wharton School and a B.S. from the University of Pennsylvania.
Bernard Cammarata, Chairman of the Board and Acting CEO of The TJX Companies Inc, stated, "They are very pleased to welcome Amy Lane to Board of Directors. With her substantial investment banking experience in the retail industry and with TJX specifically, Amy has an in-depth understanding of business.

Amy will truly complement the expertise already on Board and we are all looking forward to working with her."

TJX Companies Inc is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 780 T.J. Maxx, 703 Marshalls, 230 HomeGoods, and 146 A.J. Wright stores, as well as 35 Bob's Stores, in the United States.

The Company also operates two e-commerce sites, www.tjmaxx.com and www.homegoods.com. In Canada, the Company operates 168 Winners and 48 HomeSense stores, and in Europe, 185 T.K. Maxx stores.

TJX Companies Inc

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!