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John Klinger appointed chief financial officer for US' TJX Companies

18 Nov '22
3 min read
Pic: Shutterstock/ Hendrickson Photography
Pic: Shutterstock/ Hendrickson Photography

US’ off-price retailer of apparel and home fashions TJX Companies, Inc, has announced that John Klinger has been promoted to executive vice president, chief financial officer (CFO) effective January 29, 2023, the beginning of TJX’s fiscal. Klinger will oversee corporate finance for TJX, including audit, treasury, tax, and investor relations.

Klinger will continue to report to Scott Goldenberg who has been CFO since 2012. Goldenberg will continue as senior executive vice president, finance, with responsibility for certain other corporate functions, including global communications, risk management, new business development, and financial aspects of real estate, according to a press release by TJX Companies.

“I am very pleased with John’s promotion to TJX’s CFO position. John has worked for TJX for over two decades and has both the financial expertise and deep understanding of TJX that are vital to this role. He has worked closely with Scott over many years, and for the past few years, has overseen most of the corporate finance functions as corporate controller. John has worked in both divisional and corporate areas for TJX and in the US and internationally. He is seen as a leader within TJX with a strong commitment to the professional development of the finance team,” commented Ernie Herrman, chief executive officer and president of The TJX Companies, Inc.

“I want to express my great gratitude to Scott for his exceptional decade of service to TJX in the CFO role. I especially want to recognize Scott’s dedication and financial expertise that were critical to TJX as we navigated the COVID pandemic and helped this company emerge in a very strong financial position. I am very pleased that Scott will remain in the SEVP role, and with John in his new role, I am very confident that TJX will continue to benefit from their combined off-price experience, financial expertise, and leadership,” added Herrman.

Klinger joined TJX in 2000 as a manager of business analysis, Marmaxx. He held various finance positions with increasing responsibility within HomeGoods and Marmaxx before being promoted to VP, divisional CFO for AJWright in 2007. In 2011, he became VP, corporate finance and was promoted to SVP, divisional CFO, TJX Europe later that year. He returned to the US in 2015 to assume the role of SVP, corporate controller. In April 2019, Klinger was named executive vice president, corporate controller. Prior to joining TJX, Klinger was with the Stride Rite company starting in 1994. He held various finance roles, eventually becoming the director of finance in 1998.

Fibre2Fashion News Desk (NB)

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