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Ron Vachris

CEO of Costco

Education

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Overview

Ron Vachris the CEO of Costco

Ron M. Vachris has been a director of the Company since February 2022. He has served as President and Chief Operating Officer of the Company since February 2022. Mr. Vachris has been elected President and Chief Executive Officer effective January 1, 2024. Mr. Vachris previously served as Executive Vice President of Merchandising from June 2016 to January 2022, as Senior Vice President of Real Estate Development from August 2015 to June 2016, and Senior Vice President, General Manager of the Northwest Region, from 2010 to July 2015. He spent the previous 28 years in various management positions in warehouse operations. Mr. Vachris’s qualifications to serve on the Board include his extensive knowledge of the Company’s business developed over the course of his long career with the Company, particularly in the areas of operations and merchandising.

Serving as outgoing CEO Craig Jelinek's right-hand man "almost certainly" paved the way for his eventual succession, Morgan Stanley retail analyst Simeon Gutman said in a note at the time.

The company confirmed that Vachris had been working "hand in hand" with Jelinek on a transition when it announced in October that Jelinek would end his 11-year run effective January 1.

Early Life

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Career

  • Costco - CEO

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Reference

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