Costco CEO W. Craig Jelinek
Costco CEO Craig Jelinek will step down after more than a decade in the role.
  • Costco CEO Craig Jelinek has been with the company since 1984, working his way up through the ranks.
  • Jelinek succeeded Costco cofounder Jim Sinegal as CEO in 2012, and plans to step down after 11 years.
  • He advocated for raising the minimum wage and helped grow Costco into a $254 billion retail giant.

Costco CEO Craig Jelinek plans to step down from the top job at the end of this year, handing over leadership of the wholesale club to the company's current president and chief operating officer, Ron Vachris.