Jeff Naylor joins TJX from Big Lots, Inc., where he has been Senior Vice President and Chief Financial Officer since 2001. Big Lots is the largest broadline closeout retailer in the U.S., with over $4 billion in annual revenue and more than 1,400 stores across 45 states. Mr. Naylor has extensive experience in the retail and consumer products industries, having held senior financial positions with such companies as Limited Brands, Sears, Roebuck and Co., and Kraft Foods Inc.
Don Campbell joined the Company in 1973 and held a series of increasingly responsible financial positions prior to the Company's restructuring as TJX in 1989. Since 1989, Mr. Campbell has held the position of Chief Financial Officer.
Edmond English, President and Chief Executive Officer of The TJX Companies, commented, "I am delighted that Jeff Naylor is joining the Company as Executive Vice President and CFO and that he will have the opportunity to work with Don Campbell. Jeff is a seasoned CFO with extensive experience in the retail industry and is an excellent fit with the corporate culture of TJX."
English continued, "I am equally delighted that Don Campbell, who has been an invaluable resource to me and TJX, will be taking on the new position of Executive Vice President, Chief Administrative and Business Development Officer. Don's tremendous business acumen and his in-depth knowledge of our Company will be put to great use in his new position, which will oversee TJX's real estate and property development, systems and information technology, human resources, new business development, and administrative services activities."
Don Campbell stated, "I am very pleased to welcome Jeff Naylor to TJX as my successor as CFO. Jeff brings all of the necessary skills to the post and over the next several months, I look forward to working with him as he learns more about our Company. Having been with TJX for thirty years and having held the position of CFO for fifteen, I know that it is the right time for me to move on to a new responsibility within TJX, which will support our ongoing growth plans. Further, I know that Jeff is the right person for the job that I am vacating."
Jeff Naylor, TJX's incoming Chief Financial Officer, stated, "I am very excited to be joining TJX, a Company with a long and successful history as a leader in the retail industry. I have been very impressed by both the quality of the people and the growth potential of TJX's business and look forward to being part of this great Company."
The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 749 T.J. Maxx, 674 Marshalls, 182 HomeGoods, 99 A.J. Wright, and 31 Bob's stores in the United States. In Canada, the Company operates 160 Winners and 25 HomeSense stores, and in Europe, 147 T.K. Maxx stores. TJX's press releases and financial information are also available on the Internet at www.tjx.com.
