Retail News Breaks
CVS Caremark's Foulkes joins Home Depot board
September 20th, 2013
ATLANTA – Helena Foulkes, a senior-level executive at CVS Caremark Corp., has been appointed to the board of directors at The Home Depot.
The home improvement retailer said Friday that Foulkes, currently executive vice president and chief health care strategy and marketing officer at CVS Caremark, will be a member of the Finance and Leadership Development & Compensation committees.
Home Depot noted that the 49-year-old Foulkes brings extensive experience in retail marketing strategies, operations and merchandising to the company.
In her more than 15 years at CVS, Foulkes has served as executive vice president and chief marketing officer (2009 to 2011); senior vice president of health services for CVS/pharmacy (2007 to 2009); senior vice president of marketing and operations services (January to October 2007); and senior vice president for advertising and marketing (2002 to 2007). She has also held positions in strategic planning, visual merchandising and category management while at CVS.
Her appointment gives the Home Depot board 11 directors, 10 of whom are independent.
"I'm pleased to welcome Helena to our board and look forward to the unique insight she brings from her years of retail experience and leadership," Home Depot chairman and chief executive officer Frank Blake said in a statement.
The world's largest home improvement chain, Home Depot has 2,259 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The retailer's fiscal 2012 sales were $74.8 billion.
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