"Costco's CFO Richard Galanti Retires After 40 Years"
Costco CFO Richard Galanti, who has been in the role since 1985, is set to step down after nearly 40 years, with former Kroger finance chief Gary Millerchip taking over on March 15. Galanti, known for his colorful tidbits about the retailer on earnings calls, will continue in an advisory capacity after the transition. CEO Ron Vachris expressed gratitude to Galanti for his invaluable contributions to Costco's success.