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Costco CEO Stepping Down in January

Costco's long time. CEO is stepping down. The company announced yesterday that CEO W Craig Jelenic will step down in January. He will be succeeded by the company's president, Ron Vaccari Jelenic has been CEO of Costco since 2012. He will remain with the company through April on the advisory board and from there will continue as a member of Costco's board vs has been with the company for more than 40 years. By the way, this is so interesting. He started out as a forklift driver.