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craig-jelinek

Costco's CEO just shared a surprising response to a warehouse unionizing

Wed, 01/03/2024 - 05:11

A composite image showing Costco's Ron Vachris and the exterior of a warehouse. — "The fact that a majority of Norfolk employees felt that they wanted or needed a union constitutes a failure on our part," CEO Ron Vachris wrote in a letter with former CEO Craig Jelinek.
Costco (Vachris); Eric Thayer/Getty Images (warehouse)

Retail, Costco, craig-jelinek, Teamsters, Unions

Costco's outgoing CEO made 336 times the median worker's pay — a lower ratio than Walmart and Target

Wed, 12/27/2023 - 05:05

Costco CEO W. Craig Jelinek — Costco's Craig Jelinek received $16.8 million in compensation for his final year as CEO.
Nati Harnik/AP

Retail, Costco, ceo-pay, craig-jelinek, executive-compensation, executive-comp, business-holiday-save-2023

The life and career of departing Costco CEO Craig Jelinek, who's worked at the retail giant since the '80s – and eats its famous $1.50 hot dog plain

Thu, 10/19/2023 - 13:08

Costco CEO W. Craig Jelinek — Costco CEO Craig Jelinek will step down after more than a decade in the role.
Nati Harnik/AP

Retail, bi-select, Costco, Features, craig-jelinek, bio-slideshow, business-visual-features

Costco CEO Craig Jelinek stepping down after a decade in the role

Thu, 10/19/2023 - 10:16

Costco CEO W. Craig Jelinek — Costco CEO Craig Jelinek greets a guest during a ribbon cutting event in 2019.
Nati Harnik/AP

Retail, News, Costco, craig-jelinek, CEOs

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