Costco CEO Craig Jelinek to Step Down, Replacement Named
Costco CEO Craig Jelinek to Step Down, Replacement Named
Costco’s longtime CEO Craig Jelinek is stepping down from the company after the warehouse club’s spree of pandemic- and inflation-fueled growth. The company said Wednesday that Ron Vachris, its current chief operating officer, will replace Jelinek. The change will take effect Jan. 1. In a company press release, Costco said the two executives have worked together over nearly […]