Costco CEO Craig Jelinek to step down Jan. 1; COO Ron Vachris will take over

October 18, 2023
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A Costco Wholesale warehouse sign is seen outside a store in Silver Spring, Maryland, on Aug. 5, 2023.

Costco 's longtime CEO Craig Jelinek is stepping down from the company, after the warehouse club's spree of pandemic- and inflation-fueled growth.

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Source: CNBC