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Even with cut, TJX CEO earned $11 million for 2012

By Jenn Abelson

 |   

  April 27, 2012

TJX Cos. chief executive Carol Meyrowitz’s compensation dropped by more than 50 percent in fiscal year 2012, to $11 million. The decline of nearly $12 million was due to significantly smaller stock and option awards, according to documents filed by the Framingham retail discounter with securities regulators. Meyrowitz, who runs the T.J. Maxx, Marshalls, and HomeGoods chains, earned $708,954 in stock option awards in 2012, compared with about $13.5 million in stock in 2011.

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