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Coverage dated October 17, 2023 to October 18, 2023

Costco CEO to step down in January after 11 years

Headline from KING 5 Seattle, on the newest of 2 developments

W. Craig Jelinek has been CEO of the members-only warehouse chain since 2012, when he took over from Costco co-founder James Sinegal.

KING 5 Seattle's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Costco’s longtime CEO steps down

    Headline from Local News 8 ·

  2. Newest

    Costco CEO to step down in January after 11 years

    Headline from KING 5 Seattle ·

Read the reports

Reports & sources

20 articles, oldest first.

  1. Bloomberg

    Costco CEO Craig Jelinek to Step Down After 11 Years at the Helm (opens Bloomberg)

    Published

    Bloomberg's feed description

    Costco Wholesale Corp. said Chief Executive Officer Craig Jelinek will step down on Jan. 1, and will be succeeded by Chief Operating Officer Ron Vachris.

  2. MyNorthwest

    Costco CEO Jelinek to step down; Vachris will take over (opens MyNorthwest)

    Published

    MyNorthwest's feed description

    Costco Wholesale Corporation announced Wednesday that Craig Jelinek will step down as Chief Executive Officer, effective Jan. 1, 2024.

  3. NBC Chicago

    Costco CEO Craig Jelinek to step down Jan. 1; COO Ron Vachris will take over (opens NBC Chicago)

    Published

    NBC Chicago's feed description

    The warehouse club has benefited from sales growth, fueled by pandemic pantry loading, inflation and millennials moving to the suburbs.

  4. CNN

    Costco’s longtime CEO steps down (opens CNN)

    Published

    CNN's feed description

    Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.

  5. KING 5 Seattle

    Costco CEO to step down in January after 11 years (opens KING 5 Seattle)

    Published

    KING 5 Seattle's feed description

    W. Craig Jelinek has been CEO of the members-only warehouse chain since 2012, when he took over from Costco co-founder James Sinegal.

  6. Fox7 Austin

    Costco CEO to step down from popular wholesaler after 11 years at the helm (opens Fox7 Austin)

    Published

    Fox7 Austin's feed description

    Costco COO Ron Vachris has been tapped take over. Vachris started with the company over 40 years ago as a forklift driver and has worked his way up into management.

  7. WHEC Rochester

    Costco's CEO will step down in January and hand the reins to the retailer's current president (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    ISSAQUAH, Wash. (AP) — Costco announced Wednesday that CEO W. Craig Jelinek will step down in January. He’ll be succeeded by the company’s president, Ron Vachris, who has been with Costco for more than 40 years.

  8. Honolulu Star-Advertiser

    Costco CEO to step down in January (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    ISSAQUAH, Wash. >> Costco announced Wednesday that CEO W. Craig Jelinek will step down in January. He’ll be succeeded by the company’s president, Ron Vachris, who has been with Costco for more than 40 years.

  9. New York Post

    Costco CEO Craig Jelinek to step down after 11 years at the helm, will be replaced by exec who started as forklift operator (opens New York Post)

    Published

    New York Post's feed description

    Jelinek, 71, — who took over the chief executive role from Costco co-founder James Sinegal in 2012 — will serve in an advisory role through April 2024.

  10. KTVZ Bend

    Costco’s CEO steps down (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Nathaniel Meyersohn, CNN New York (CNN) — Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday. Ron Vachris, Costco’s president and chief operating officer, will replace him.

  11. WHDH Boston

    Costco’s longtime CEO steps down - Boston News, Weather, Sports (opens WHDH Boston)

    Published

    WHDH Boston's feed description

    New York (CNN) — Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.Ron Vachris, Costco’s president

  12. Insider

    Costco CEO Craig Jelinek stepping down after a decade in the role (opens Insider)

    Published

    Insider's feed description

    Craig Jelinek will hand over leadership to COO Ron Vachris on January 1. 2024. Vachris is a 40-year Costco veteran who started as a forklift driver.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Costco CEO to step down in January after 11 years | Since Then