Costco CEO announces major change affecting all its stores starting tomorrow – and it could be good news for customers ...Middle East

COSTCO have announced a major shake up which will come into effect from tomorrow. The retail giant will have a new CEO at the helm, as Ron Vachris begins his stint as Chief Executive Officer on the first day of 2024. CostcoRon Vachris will take over as Costco’s CEO from tomorrow[/caption] Youtube Yahoo FinanceOutgoing CEO Craig Jelinek will join the retailer’s board of directors[/caption] Vachris, 58, will oversee 300,000 staff in almost 900 of Costco’s vast warehouses. As the new head honcho of the $280 billion company, he will earn a base salary of $1.15 million and receive $10.4 million in Costco shares, according to SEC filings. However, the incoming CEO has put in the

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Costco CEO announces major change affecting all its stores starting tomorrow – and it could be good news for customers ...Middle East

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