
Bio
Mr. Foulston is a three-time public company CFO with over 30 years of experience across Automotive, Mining, Agriculture, Food, and Animal Health sectors, having provided strategic financial stewardship at Ford, Mazda, Navistar, Compass Minerals, TreeHouse Foods, and Covetrus, managing over $7 billion in annual revenues. His deep M&A expertise, leadership, and mastery of international markets underscore his worldwide strategic value. His career spanning the UK, Germany, and the US showcases his prowess in navigating complex financial environments.
International Financial Stewardship
As EVP and CFO at Covetrus, Mr. Foulston spearheaded a $4 billion take-private deal, securing over $2bn in high-leverage debt to finance the transaction. During his tenure drove a 50% market cap increase, 15% revenue growth, and a 22% EBITDA rise, including implementing a shared service center. At Compass Minerals, a leading producer of salt and specialty plant nutrition, he directed multinational teams and oversaw a $300m strategic acquisition in Brazil. He further demonstrated his strategic acumen at TreeHouse Foods, a Fortune 500 company, where he integrated an acquisition that doubled the size of the company.
In his role at Mazda North American Operations, Mr. Foulston oversaw a vast array of financial operations for the $8 billion entity and, at Navistar, managed over 600 finance and accounting professionals worldwide.
Financial Innovation and Governance
Mr. Foulston’s financial structuring and governance expertise is demonstrated through his successful efforts to:
● Secure $2 billion in high-leverage debt
● Achieve SOX compliance
● Spearhead digital initiatives
These achievements underscore his skill in assembling effective teams, enhancing capital structures, and consistently fortifying the control environment.
Beginning his career at Ford, Mr. Foulston excelled in a high-potential development program, quickly moving through strategic finance positions and demonstrating the importance of a CFO’s role in operational leadership. This experience and a BSc in Economics from Loughborough University are the foundation for his profound contributions to worldwide financial and strategic leadership.
Mr. Foulston’s career is a testament to his commitment to financial excellence and strategic innovation across international markets, making him an indispensable leader in the finance domain.
