Saks owner Hudson’s Bay appoints CVS veteran Foulkes as CEO

HELENA B. FOULKES, executive vice president of CVS Health Corp., is taking the top spot at Saks Fifth Avenue later this month. /PBN FILE PHOTO/RUPERT WHITELEY
HELENA B. FOULKES, executive vice president of CVS Health Corp., is taking the top spot at Saks Fifth Avenue later this month. /PBN FILE PHOTO/RUPERT WHITELEY
MONTREAL – Hudson’s Bay Co., the owner of Saks Fifth Avenue, named CVS Health Corp. executive Helena B. Foulkes its first female CEO as the department-store operator struggles with declining traffic and a restless activist investor. Foulkes – ranked among the most influential women in business by Fortune magazine – will take the helm on…

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