TJX (TJX) investors re-elect full board, ratify PwC and approve say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
The TJX Companies, Inc. reported results of its annual shareholder meeting held on June 9, 2026. All ten director nominees, including Ernie Herrman and Carol Meyrowitz, were elected to serve until the next annual meeting.
Shareholders ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal 2027, with 908,173,518 votes cast in favor. On an advisory basis, shareholders also approved the compensation of the company’s named executive officers, with 853,523,642 votes for the say-on-pay proposal.
Positive
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Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Ernie Herrman director votes: 909,050,759 For / 16,219,170 Against
Highest director For votes: 913,260,429 For
Auditor ratification For votes: 908,173,518 For
+3 more
6 metrics
Ernie Herrman director votes
909,050,759 For / 16,219,170 Against
Election of director at annual meeting on June 9, 2026
Highest director For votes
913,260,429 For
Votes for Charles F. Wagner, Jr. as director
Auditor ratification For votes
908,173,518 For
Ratification of PricewaterhouseCoopers LLP for fiscal 2027
Auditor ratification Against votes
83,369,312 Against
Ratification of PricewaterhouseCoopers LLP for fiscal 2027
Say-on-pay For votes
853,523,642 For
Advisory vote on named executive officer compensation
Say-on-pay broker non-votes
66,730,582 broker non-votes
Advisory say-on-pay vote at annual meeting
Key Terms
broker non-votes, independent registered public accounting firm, say-on-pay vote, Compensation Discussion and Analysis, +1 more
5 terms
broker non-votes financial
"José B. Alvarez | 906,606,065 | 18,085,317 | 1,065,434 | 66,730,582"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm regulatory
"The appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal 2027 was ratified."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
say-on-pay vote financial
"the compensation paid to the Company’s named executive officers ... (the say-on-pay vote), was approved."
A say-on-pay vote is a shareholder advisory vote on a company’s executive compensation package, usually held at the annual meeting to approve or voice disapproval of how top managers are paid. Think of it as a feedback button for owners: while the vote is often nonbinding, a strong negative outcome warns of governance problems, can force pay-policy changes, damage board credibility and ultimately influence long-term shareholder returns.
Compensation Discussion and Analysis financial
"including the Compensation Discussion and Analysis, compensation tables, and narrative discussion"
A compensation discussion and analysis is a section in corporate filings that explains how and why executives and other key employees are paid, linking pay choices to company goals, performance measures and risk controls. Investors use it like a company’s playbook for pay to judge whether incentives reward long-term value or encourage short-term risk-taking; clear explanations help assess alignment between management’s interests and shareholders’ returns.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
Was PricewaterhouseCoopers LLP ratified as TJX (TJX) auditor for fiscal 2027?
Yes, shareholders ratified PricewaterhouseCoopers LLP as TJX’s independent registered public accounting firm for fiscal 2027. The proposal received 908,173,518 votes "For," 83,369,312 "Against," and 944,568 "Abstaining," indicating strong overall support for retaining the current audit firm.
What were the vote results for TJX (TJX) CEO Ernie Herrman’s election as director?
Ernie Herrman was re-elected as a director with 909,050,759 votes "For," 16,219,170 "Against," and 486,887 "Abstaining," plus 66,730,582 broker non-votes. These results show a large majority of votes cast in favor of his continued service on the board.
Which TJX (TJX) director nominee received the highest number of votes in favor?
Charles F. Wagner, Jr. received the highest "For" vote total among nominees, with 913,260,429 votes in favor. He had 12,000,227 votes "Against," 496,160 "Abstaining," and 66,730,582 broker non-votes, indicating particularly strong shareholder support compared with other directors.
Did any TJX (TJX) director nominees receive significant opposition votes?
Some nominees had higher "Against" totals than others, but all were elected. For example, Jackwyn L. Nemerov received 79,752,990 votes "Against" versus 845,465,150 "For," and Amy B. Lane had 67,365,661 "Against" versus 857,916,237 "For," still resulting in clear majorities.