TJX elects Raytheon's William Swanson to board

Off-price apparel and home fashions retailer TJX announced the election of William Swanson to its board of directors.

Swanson was chairman and CEO of technology and innovation company Raytheon, serving in the role from 2004 until his retirement in September 2014. During his 42 year career with the company, he held a range of leadership positions, such as setting strategy and managing operations for the global business.

"We are very pleased to welcome Bill Swanson to our board of directors," Chairman of the Board Ben Cammarata said in a statement. "Bill brings extensive experience in leading a global Fortune 200 company. We see his deep international knowledge as a complement to our board as we continue to pursue our successful growth as a global, value retailer. On behalf of our board, we are looking forward to working with Bill as we move toward becoming a $40 billion company and beyond." Press release