Costco Wholesale Management
Management criteria checks 4/4
Costco Wholesale's CEO is Ron Vachris, appointed in Feb 2022, has a tenure of 2.83 years. total yearly compensation is $2.72M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth MX$855.23M. The average tenure of the management team and the board of directors is 5.9 years and 9.2 years respectively.
Key information
Ron Vachris
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 39.7% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.9yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 24 2024 | n/a | n/a | US$8b |
| Sep 01 2024 | US$3m | US$1m | 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$3b |
Compensation vs Market: Ron's total compensation ($USD2.72M) is below average for companies of similar size in the MX market ($USD5.71M).
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$2,715,789
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$2.72m | 0.010% MX$ 855.2m | |
| Executive VP & CFO | less than a year | US$14.28m | 0.000070% MX$ 6.0m | |
| Executive VP and Chief Information & Digital Officer | less than a year | US$9.81m | 0.000010% MX$ 850.1k | |
| Executive VP & Director | less than a year | US$7.21m | 0.0079% MX$ 672.5m | |
| Company Advisor & Director | 29.3yrs | US$17.73m | 0.080% MX$ 6.8b | |
| Executive VP & COO of International Division | 23.9yrs | US$5.39m | 0.0023% MX$ 195.5m | |
| Senior EVP and COO of Warehouse Operations - U.S. & Mexico | 6.9yrs | US$5.21m | 0.0023% MX$ 195.5m | |
| Executive Vice President of Administration | 5.9yrs | no data | 0.014% MX$ 1.2b | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive VP | 14.9yrs | no data | 0.0060% MX$ 507.5m | |
| Senior Vice President of Global Sustainability & Compliance | no data | no data | no data | |
| Senior VP of Membership | no data | no data | no data |
5.9yrs
Average Tenure
62yo
Average Age
Experienced Management: COST *'s management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$2.72m | 0.010% MX$ 855.2m | |
| Executive VP & Director | 29.9yrs | US$7.21m | 0.0079% MX$ 672.5m | |
| Company Advisor & Director | 14.8yrs | US$17.73m | 0.080% MX$ 6.8b | |
| Independent Director | 16yrs | US$303.00k | 0.0059% MX$ 497.3m | |
| Independent Vice Chairman of the Board | 7.8yrs | US$303.00k | 0.0011% MX$ 93.5m | |
| Independent Director | 20.2yrs | US$303.00k | 0.0025% MX$ 215.1m | |
| Independent Director | 9.2yrs | US$303.00k | 0.0027% MX$ 227.0m | |
| Independent Director | 9.2yrs | US$303.00k | 0.0053% MX$ 448.0m | |
| Independent Chairman of the Board | 36.3yrs | US$303.00k | 0.013% MX$ 1.1b | |
| Independent Director | 4.9yrs | US$303.00k | 0.00056% MX$ 47.6m | |
| Independent Director | 1.3yrs | US$307.67k | 0.000050% MX$ 4.3m |
9.2yrs
Average Tenure
68yo
Average Age
Experienced Board: COST *'s board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/24 |
| Annual Earnings | 2024/09/01 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Costco Wholesale Corporation is covered by 70 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Peter Benedict | Baird |
| Ishan Majumdar | Baptista Research |