Business Notebook
Person

Ron Vachris

Ron Vachris has been President and CEO of Costco since January 1, 2024. He has more than forty years of service at Costco, starting as a forklift driver, and was President and Chief Operating Officer from February 2022.[1]

Company

  • Costco Wholesale logoCostcoPresident and Chief Executive Officer, Costco

Appears in

Key facts

Role
President and Chief Executive Officer, Costco[1]
CEO since
January 1, 2024, succeeding Craig Jelinek[1]
Previous role
President and Chief Operating Officer, from February 2022[1]
At Costco
More than forty years, starting as a forklift driver[1]

On the Q4 FY2026 earnings call

  • Led the business review in Costco's prepared remarks on September 24, 2026: warehouses, sales, gas, pharmacy, travel, digital, membership and tariff refunds.[2]
  • Reported 28 warehouse openings in fiscal 2026, three of them relocations, for 939 in total, and 33 planned for fiscal 2027, five of them relocations.[2]
  • Thanked Costco's 355,000 employees worldwide.[2]

Full notes: Costco's Q4 FY2026 earnings call and AI search.

Sources

  1. [1]Costco Wholesale Corporation Announces Craig Jelinek Will Step Down as CEO, Ron Vachris Elected as New CEO. Costco Wholesale Corporation, October 18, 2023.
  2. [2]Costco (COST) Q4 2026 Earnings Call Transcript. The Motley Fool, September 24, 2026.