Costco CEO Craig Jelinek announces 2024 departure
TL;DR Summary
Costco CEO Craig Jelinek will step down from his position on January 1, 2024, and will be succeeded by Ron Vachris, the current president and COO. The decision is part of a long-standing succession plan, and Jelinek will remain with the company in an advisory role until April 2024. Costco operates 861 warehouses worldwide and was founded in Seattle in 1983.
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