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Posted 03 February, 2022

COSTCO WHOLESALE CORP /NEW appointed new CEO

CEO Change detected for ticker Nasdaq:COST in a 8-K filed on 03 February, 2022.


  Effective February 2, 2022, the Board of Directors appointed Ron Vachris as President and Chief Operating Officer of the Company. Craig Jelinek, who had previously served as President, will continue to serve as Chief Executive Officer and a member of our Board of Directors.  

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Overview of COSTCO WHOLESALE CORP /NEW
Retail/Wholesale • Mixed Retailing
Costco Wholesale Corp. engages in the operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.
Market Cap
$337B
View Company Details
COSTCO WHOLESALE CORP /NEW by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

Effective February 2, 2022, the Board of Directors appointed Ron Vachris as President and Chief Operating Officer of the Company. Craig Jelinek, who had previously served as President, will continue to serve as Chief Executive Officer and a member of our Board of Directors. Concurrently with his appointment as President and Chief Operating Officer of the Company, the Board of Directors elected Mr. Vachris as a director to fill a newly-created vacancy on the Board. 

Mr. Vachris, age 56, previously served as Executive Vice President, Chief Operating Officer, Merchandising, a position he held since 2016. He previously served as Senior Vice President, Real Estate Development, from August 2015 to June 2016, and Senior Vice President, General Manager, Northwest Region, from 2010 to July 2015. 


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