Home Depot elects CVS exec to board

The Home Depot has elected Helena B. Foulkes to the company's board of directors. Foulkes will be a member of the finance and leadership development and compensation committees. Her appointment gives the company 11 directors, 10 of whom are independent.

During her more than 15 years at CVS, Foulkes has served as the company's EVP and chief marketing officer (2009 to 2011), SVP of health services of CVS/pharmacy (2007 to 2009), SVP, marketing and operations services, January to October 2007, and SVP, advertising and marketing (2002 to 2007). She has also held positions in strategic planning, visual merchandising and category management while at CVS.

"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," said Frank Blake , chairman and CEO.

The Home Depot operates 2,259 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.