Executive Summary

Hudson’s Bay Company (HBC) announced the appointment of Helena Foulkes as its new CEO, effective February 19.

• Foulkes will be responsible for the company’s global strategy and operations for all of its banners. She will also serve on HBC’s Board of Directors.
• Foulkes comes to HBC after 25 years at CVS Health Corporation.
• Richard Baker has been acting as HBC’s interim CEO since the departure of Jerry Storch last fall, and will continue as Governor and Executive Chairman.