Shareholders of TJX Companies (NYSE:TJX), the business behind off-price retailer TJ Maxx, have elected Dawn Lepore as the newest member of the company's Board of Directors, the company announced yesterday.

Lepore, 59, has served in leadership positions in online retail and online lending, and is joining a board of 10 re-elected directors.

According to TJX: Lepore acted as CEO and Chairman of the Board for until the company was purchased by Walgreen in 2011. Prior to that, Lepore held a variety of titles at The Charles Schwab Company, including Chief Information Officer, and Vice Chairman of Technology, Operations, Business Strategy, and Administration. She most recently acted as interim Chief Executive Officer at Prosper Marketplace, a marketplace focused on peer-to-peer lending that connects people who want to borrow money with people who want to lend money.

TJX Chairman of the Board Ben Cammarata said Lepore's "extensive experience and expertise in e-commerce and information technology" will benefit the company in particular because "TJX sees e-commerce as a significant long-term strategy to enhance the off-price experience for our customers and drive profitable sales." 


Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.