Costco CEO Jelinek to Retire in 2024, Successor Named in Long-Planned Transition
- Costco CEO Craig Jelinek to step down Jan. 1, 2024
- Successor is current president/COO Ron Vachris
- Part of long-standing succession plan
- Jelinek to remain in advisory role through April 2024
- Plans to stay on Costco's board, stand for re-election
- Costco operates 861 warehouses globally
- 591 warehouses located in U.S. and Puerto Rico
