CVS' Foulkes named CEO at Hudson's Bay Company

2/5/2018
Helena Foulkes, the executive vice president of CVS Health and president of CVS Pharmacy, has been named CEO of Hudson’s Bay Company, the parent company of Lord & Taylor, Saks Fifth Avenue, Hudson’s Bay and other retail banners.

Foulkes’ appointment is effective Feb. 19. She will be responsible for HBC’s global strategy and operations for all banners, overseeing more than 66,000 associates worldwide across a portfolio of more than 480 stores, related e-commerce platforms, supply chain, logistics and technology. Upon joining HBC, she will also be appointed the company’s board.

Foulkes joined CVS in 1992. She has served as executive vice president of CVS Health and president of CVS Pharmacy since January 2014. In the role, she led the strategic vision as well as the operations for all aspects of the company’s retail business, including its nearly 9,700 retail stores, 20 distribution centers and e-commerce sites, as well as merchandising, supply chain, marketing and real estate. She helped lead CVS’s move to discontinue sales of tobacco products. Most recently, she led the company’s decision to eliminate airbrushing of models from the imagery used to promote its in-house beauty brands.
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