Craig Jelinek Bio | Wiki
Craig Jelinek ( Full Name: Walter Craig Jelinek) is a popular American businessman who is the President and CEO of Costco. He joined Costco in 2012 and succeeded the company’s founder, James Sinegal. He started his career at FedMart and was later an operations manager for the company in Los Angeles. In 1981, Craig joined Lucky Stores.
In October 2023, Craig confirmed his intention to step down as Chief Executive Officer, effective January 1, 2024. The Board of Directors has appointed Ron Vachris, President and Chief Operating Officer since February 2022, as President and Chief Executive Officer, effective January 1, 2024.
He and Ron have worked hand in hand over the last twenty-one months in Ron’s role as president and for many years before that. He has been at the helm of the warehouse club since January 2012. Craig will stay at Costco through April in an advisory role. Craig also plans to remain on the board of directors. Before joining Costco, he served for FedMart, which was owned by the founder of Price Club.
Craig Jelinek Age
Craig was born on August 8, 1952, in Los Angeles, California, in the United States. He is 71 years old. Craig celebrates his birthday on August 8, every year.
Craig Jelinek Height
He is a man of above-average stature. Craig stands at a height of 5 ft 11 in ( Approx. 1.78m ).
Craig Jelinek Family
He was born in Los Angeles, California the son of Walter Adolph Jelinek and Erdene Gordon. Craig’s father was of Czech descent. Craig holds American nationality. His dad played a pivotal role in constructing B-1 and B-70 bomber planes.
Craig Jelinek Wife
As of the latest available information, Craig is single, and there are no reports of him dating anyone or being engaged in any previous relationships.
Craig Jelinek Education
In 1970, he graduated from Antelope Valley High School. In 1975, Craig earned a bachelor’s degree from San Diego State University.
Costco Craig Jelinek | Costco CEO
Craig joined Costco as a warehouse manager in 1984 and was afterward the manager of the company’s Northwest region after the Price Club merger. He became the company’s executive president of merchandising in 2004. Craig joined the company’s board in 2010 amid speculation that he was being prepared to take over as CEO. Craig was named president in 2010 and took over as CEO in 2012 after the retirement of founder James Sinegal.
He also sits on Costco Wholesale UK Ltd’s board. In 2018, his annual base salary was $800,000 as stated by the Puget Sound Business Journal. Craig’s base salary increased to $1,000,000 in 2020; that same year, his total compensation was $8,279,552 per an SEC filing by Costco. He announced in October 2023 that he would step down as Costco CEO at the end of the year; Craig is set to be replaced by Ron Vachris, the chief operating officer and president.
W Craig Jelinek
He works as the Chief Executive Officer at Costco Wholesale Corp. Craig played a very important role in making Costco stores in places like Nevada and California. His job title was Assistant Vice President and Regional Manager for the Southwest Region. Craig looked after the opening of new warehouses in Nevada and California.
Walter Craig Jelinek
He is the Chief Executive Officer at Costco Wholesale Corp. Walter now operates 861 warehouses, including 591 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 33 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, five in China, four in Spain, two in France, and one each in Iceland, New Zealand and Sweden. He was the Executive Vice President and Chief Operating Officer for Merchandising.
Craig Jelinek House
He owns a house in Yarrow Point, WA. Currently, Craig has not disclosed many details regarding his house.
W Craig Jelinek Political party
He is a vocal supporter of the Democratic party.
Craig Jelinek Leadership Style
He has shown sincere modesty throughout his career. Craig has proven over and over that he values and respects his workers. His humble and kind attitude prioritizes employees over every other group at Costco — even customers.
W Craig Jelinek Wife
At the moment, there is no information regarding Craig’s marriage. It is unclear whether Craig is married or single.
Craig Jelinek Salary
He earns a satisfying amount from his work as a businessman who is the President and CEO of Costco. Craig’s average salary is $1 million per year.
W Craig Jelinek Net Worth
As the the President and CEO of Costco Craig’s net worth is $180 million.
Craig Jelinek Net Worth
Craig gets his wealth from his work as a businessman who is the President and CEO of Costco. Therefore, Craig has accumulated a decent fortune over the years. Craig’s net worth is $180 million.
How Old is Craig Jelinek
Craig is a 71-year-old who was born on August 8, 1952, in Los Angeles, California, in the United States. Craig celebrates his birthday on August 8, every year.
How Tall Is Craig Jelinek
Craig is a man of above-average stature who stands at a height of 5 ft 11 in ( Approx. 1.78m ).
Who Is Craig Jelinek
He is the president, CEO, and director of Costco. Craig has been with the company since 1984 and CEO since 2012. Prior to joining Costco, he served for FedMart, which was owned by the founder of Price Club. The company has experienced steady growth during his tenure. In August 2019, the company opened its first-ever Chinese store, in Shanghai. In 1993, when Costco joined with The Price Club, he had new responsibilities and took charge of the Northwest Region. By 2004, Craig was the Executive Vice President and Chief Operating Officer for Merchandising.