Who is the CEO of Costco?
Moreover, how much does the CEO of Costco make?
Craig Jelinek, who is set to become CEO of Costco Wholesale on January 1, will be paid an annual salary of $650,000 plus a bonus of up to $200,000, according to a securities filing Monday. That compares to current CEO Jim Sinegal's salary of $350,000 and bonus of $190,400 in fiscal 2010.
Likewise, how much is Craig Jelinek worth? W. Craig Jelinek Like his predecessor, James Sinegal, he believes that treating customers and employees with respect leads to greater corporate profitability. He is a big fan of Costco's $1.50 hot dog. As of May 2016, Jelinek owned 270,918 shares of stock worth $40.9 million, which equals a stake of 0.06%.
Consequently, who is Costco owned by?
Costco Wholesale Corporation, doing business as Costco, is an American multinational corporation which operates a chain of membership-only warehouse clubs.
|Costco's logo since 1997|
|Headquarters in Issaquah, Washington|
|Founders||James Sinegal Jeffrey Brotman|
|Headquarters||Issaquah, Washington , United States|
Is the owner of Costco Mormon?
James Sinegal owned 804,419 shares of common stock worth $121.4 million as of May 2016. This equates to 0.18% of Costco's outstanding shares. He has been reducing his holdings slowly, though he continues to receive new shares as part of his director's compensation package.