Costco Wholesale Management
Management criteria checks 4/4
Costco Wholesale's CEO is Ron Vachris, appointed in Feb 2022, has a tenure of 2.25 years. total yearly compensation is $8.45M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth $21.75M. The average tenure of the management team and the board of directors is 5.3 years and 8.6 years respectively.
Key information
Ron Vachris
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.006% |
| Management average tenure | 5.3yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Recent updates
Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit
May 14
Costco: Looking Overvalued, Maybe Time To Checkout?
Apr 26Costco Is The Constant Grower Your Portfolio Needs
Apr 15Costco Wholesale Corporation's (NASDAQ:COST) Intrinsic Value Is Potentially 40% Above Its Share Price
Apr 08Costco: The Stock Is A Buy After Recent Correction
Apr 05Costco: Should The Magnificent 7 Be Expanded?
Mar 28We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease
Mar 27Costco: Wonderful Business, Awful Price (Rating Downgrade)
Mar 14Costco Wholesale Corporation Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next
Mar 09Costco Q2 Earnings: Membership Fee Unchanged As Sales Strength Continues
Mar 08Costco: Why The Stock Still Has Room To Run
Feb 29Many Would Be Envious Of Costco Wholesale's (NASDAQ:COST) Excellent Returns On Capital
Feb 26If EPS Growth Is Important To You, Costco Wholesale (NASDAQ:COST) Presents An Opportunity
Feb 14Costco: The Retailer May Have Gotten Ahead Of Itself
Feb 09Costco Wholesale Corporation's (NASDAQ:COST) Share Price Not Quite Adding Up
Feb 02Contrarian View: Why Now Might Not Be The Time For Costco Stock
Jan 26Costco Q1: A Dividend Stock To Buy And Hold No Matter What (Rating Upgrade)
Jan 12Does Costco Wholesale (NASDAQ:COST) Have A Healthy Balance Sheet?
Dec 04Shareholders Are Optimistic That Costco Wholesale (NASDAQ:COST) Will Multiply In Value
Nov 20Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)
Nov 06With EPS Growth And More, Costco Wholesale (NASDAQ:COST) Makes An Interesting Case
Oct 25We Think Costco Wholesale (NASDAQ:COST) Can Stay On Top Of Its Debt
Aug 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 18 2024 | n/a | n/a | US$7b |
| Nov 26 2023 | n/a | n/a | US$7b |
| Sep 03 2023 | US$8m | US$938k | US$6b |
| May 07 2023 | n/a | n/a | US$6b |
| Feb 12 2023 | n/a | n/a | US$6b |
| Nov 20 2022 | n/a | n/a | US$6b |
| Aug 28 2022 | US$7m | US$993k | US$6b |
| May 08 2022 | n/a | n/a | US$6b |
| Feb 13 2022 | n/a | n/a | US$6b |
| Nov 21 2021 | n/a | n/a | US$5b |
| Aug 29 2021 | US$5m | US$805k | US$5b |
| May 09 2021 | n/a | n/a | US$5b |
| Feb 14 2021 | n/a | n/a | US$4b |
| Nov 22 2020 | n/a | n/a | US$4b |
| Aug 30 2020 | US$4m | US$667k | US$4b |
| May 10 2020 | n/a | n/a | US$4b |
| Feb 16 2020 | n/a | n/a | US$4b |
| Nov 24 2019 | n/a | n/a | US$4b |
| Sep 01 2019 | US$4m | US$583k | US$4b |
| May 12 2019 | n/a | n/a | US$4b |
| Feb 17 2019 | n/a | n/a | US$3b |
| Nov 25 2018 | n/a | n/a | US$3b |
| Sep 02 2018 | US$4m | US$486k | US$3b |
Compensation vs Market: Ron's total compensation ($USD8.45M) is below average for companies of similar size in the US market ($USD13.58M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Vachris (58 yo)
2.3yrs
Tenure
US$8,452,842
Compensation
Mr. Ron M. Vachris serves as President and Director at Costco Wholesale Corporation since February 2, 2022 and served as its Chief Operating Officer since February 2, 2022 and serves as its Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$8.45m | 0.0062% $ 21.7m | |
| Advisor & Director | less than a year | US$6.76m | 0.0072% $ 25.2m | |
| Executive VP & COO of International Division | 23.3yrs | US$5.05m | 0.0017% $ 5.8m | |
| Senior EVP and COO of Warehouse Operations - U.S. & Mexico | 6.3yrs | US$4.95m | 0.0023% $ 7.9m | |
| Executive VP & CFO | less than a year | no data | no data | |
| Executive Vice President of Administration | 5.3yrs | no data | 0.014% $ 49.5m | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive VP | 14.3yrs | no data | 0.0057% $ 20.0m | |
| Senior Vice President of Global Sustainability & Compliance | no data | no data | no data | |
| Senior VP of Membership | no data | no data | no data | |
| Senior Vice President of Human Resources | 1.4yrs | no data | no data | |
| Senior Vice President of Construction & Purchasing | 12.9yrs | no data | no data |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Management: COST's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$8.45m | 0.0062% $ 21.7m | |
| Advisor & Director | 29.3yrs | US$6.76m | 0.0072% $ 25.2m | |
| Independent Director | 15.4yrs | US$302.75k | 0.0080% $ 27.7m | |
| Independent Vice Chairman of the Board | 7.2yrs | US$302.75k | 0.0012% $ 4.1m | |
| Director | 14.3yrs | US$16.87m | 0.080% $ 280.3m | |
| Independent Director | 19.6yrs | US$302.75k | 0.0026% $ 8.9m | |
| Independent Director | 8.6yrs | US$302.75k | 0.0026% $ 8.9m | |
| Independent Director | 8.6yrs | US$302.75k | 0.0052% $ 18.0m | |
| Independent Chairman of the Board | 35.8yrs | US$302.75k | 0.012% $ 43.3m | |
| Independent Director | 4.3yrs | US$302.75k | 0.00044% $ 1.5m | |
| Independent Director | less than a year | no data | 0.000010% $ 34.9k |
8.6yrs
Average Tenure
67yo
Average Age
Experienced Board: COST's board of directors are considered experienced (8.6 years average tenure).