Costco Wholesale Management
Management criteria checks 3/4
Costco Wholesale's CEO is Ron Vachris, appointed in Feb 2022, has a tenure of 2.75 years. total yearly compensation is $8.45M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth R$257.50M. The average tenure of the management team and the board of directors is 2.8 years and 9.1 years respectively.
Key information
Ron Vachris
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.8yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 01 2024 | n/a | n/a | US$7b |
| May 12 2024 | n/a | n/a | US$7b |
| 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 above average for companies of similar size in the BR market ($USD5.76M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Vachris (59 yo)
2.8yrs
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 | 2.8yrs | US$8.45m | 0.010% R$ 257.5m | |
| Executive VP & Director | less than a year | US$6.76m | 0.0079% R$ 202.6m | |
| Executive VP & COO of International Division | 23.8yrs | US$5.05m | 0.0023% R$ 58.8m | |
| Senior EVP and COO of Warehouse Operations - U.S. & Mexico | 6.8yrs | US$4.95m | 0.0023% R$ 58.8m | |
| Executive VP & CFO | less than a year | no data | 0.000070% R$ 1.8m | |
| Executive VP and Chief Information & Digital Officer | less than a year | no data | 0.000010% R$ 255.5k | |
| Executive Vice President of Administration | 5.8yrs | no data | 0.014% R$ 354.8m | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive VP | 14.8yrs | no data | 0.0060% R$ 152.8m | |
| 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 | 1.9yrs | no data | no data |
2.8yrs
Average Tenure
61.5yo
Average Age
Experienced Management: COWC34's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$8.45m | 0.010% R$ 257.5m | |
| Executive VP & Director | 29.8yrs | US$6.76m | 0.0079% R$ 202.6m | |
| Independent Director | 15.9yrs | US$302.75k | 0.0068% R$ 172.7m | |
| Independent Vice Chairman of the Board | 7.7yrs | US$302.75k | 0.0012% R$ 31.2m | |
| Director | 14.8yrs | US$16.87m | 0.080% R$ 2.1b | |
| Independent Director | 20.1yrs | US$302.75k | 0.0025% R$ 64.9m | |
| Independent Director | 9.1yrs | US$302.75k | 0.0027% R$ 68.2m | |
| Independent Director | 9.1yrs | US$302.75k | 0.0053% R$ 134.9m | |
| Independent Chairman of the Board | 36.3yrs | US$302.75k | 0.013% R$ 320.3m | |
| Independent Director | 4.8yrs | US$302.75k | 0.00056% R$ 14.3m | |
| Independent Director | 1.3yrs | no data | 0.000050% R$ 1.3m |
9.1yrs
Average Tenure
68yo
Average Age
Experienced Board: COWC34's board of directors are considered experienced (9.1 years average tenure).