Longtime Friend of TCI, Helena Foulkes, Appointed President of CVS Caremark

TCI congratulates longtime friend, Helena Foulkes, in the appointment of her new role with CVS Caremark. Effective January 1, 2014, Helena will oversee all aspects of retail business for one of the largest pharmacy chains in the U.S., which includes 7,600 stores nationwide as President of CVS Caremark.

The new position follows a twenty year tenure with the company, during which Helena most recently ran Corporate Strategy, Enterprise Marketing, Government Relations and Communications.

“Helena is an open-minded and forward-thinking strategist, who has developed a reputation for successfully building product and business model innovations that drive growth, and for bringing together thought leaders both inside and outside the company,” said Larry J. Merlo, President and CEO of CVS Caremark.

“Her industry track record includes leading innovations such as ExtraCare, the largest retail loyalty program in the country with approximately 70 million active cardholders… As health care continues to evolve and we drive further differentiation through our integrated pharmacy model, we need a leader who truly understands the health care consumer and the opportunities we can deploy to attract and retain customers and generate strong, longer-term growth.”

The Commonwealth Institute wishes a sincere congratulations on the new role and significant achievements, Helena!