W. craig jelinek biography

W. Craig Jelinek

American businessman (born )

Walter Craig Jelinek

Born () August 8, (age&#;72)

Los Angeles, California, U.S.

Alma&#;materSan Diego State University
OccupationBusinessman
Known&#;forPresident and CEO of Costco, –

Walter Craig Jelinek (born August 8, ) is an American businessman who served as president and CEO of Costco from to , when he succeeded the company's founder, James Sinegal.

Early life

On August 8, , Jelinek was born in Los Angeles, California to Walter Adolph Jelinek and Erdene Gordon.[1][2] His father was of Czech descent (the surname is derived from Jelínek, which is common in the country).[3] In , Jelinek graduated from Antelope Valley High School.[4][6]

Education

In , Jelinek earned a bachelor's degree from San Diego State University.[4]

Career

Jelinek started his career at FedMart and was later an operations manager for the company in Los Angeles.[7] In , Jelinek joined Lucky Stores.[8]

He joined Costco as a warehouse manager in and was later the manager of the company's Northwest region after the Price Club merger.

Jelinek became the company's executive president of merchandising in [7] He joined the company's board in amid speculation that he was being prepared to take over as CEO. Jelinek was named president in and took over as CEO in after the retirement of founder James Sinegal.[9][10][11]

Jelinek also sits on Costco Wholesale UK Ltd's board.[12]

In , Jelinek's annual base salary was $, as stated by the Puget Sound Business Journal.[13] His base salary increased to $1,, in ; that same year, Jelinek's total compensation was $8,, per an SEC filing by Costco.[14] In , Jelinek's total compensation from Costco was $ million, or times the median employee pay at Costco for that year.[15]

Jelinek announced in October that he would step down as Costco CEO at the end of the year; Ron Vachris replaced Jelinek as the chief operating officer and president in January [10][16] Jelinek will stay on as an advisor until April and also serve as a member of the board.[17]

Awards

  • Peter G.

    Peterson Business Statesmanship Award. Presented by Committee for Economic Development.[18]

See also

References

  1. ^Jelinek ().

    W craig jelinek biography channel Jelinek started his career at FedMart and was later an operations manager for the company in Los Angeles. He joined Costco as a warehouse manager in and was later the manager of the company's Northwest region after the Price Club merger. Jelinek became the company's executive president of merchandising in Jelinek was named president in and took over as CEO in after the retirement of founder James Sinegal. Jelinek announced in October that he would step down as Costco CEO at the end of the year; Ron Vachris replaced Jelinek as the chief operating officer and president in January

    "California Birth Index, ". FamilySearch.

  2. ^Jelinek (). "California, County Marriages, ". FamilySearch.
  3. ^Jelinek ().

    W craig jelinek biography channel 7 The corporate mailing address for Mr. Costco Wholesale can also be reached via phone at and via email at [email protected]. Learn More on W. Craig Jelinek's contact information. Craig Jelinek has not been actively trading shares of Costco Wholesale during the last quarter.

    "United States Census, ". FamilySearch.

  4. ^ ab"Craig Jelinek". Marquis Who's Who. Retrieved September 23,
  5. ^"Costco CEO Craig Jelinek added to Outlook Conference". . November 27, Retrieved September 23,
  6. ^ abAllison, Melissa (February 2, ).

    "Costco names apparent heir to CEO Sinegal". The Seattle Times. Retrieved November 3,

  7. ^"Inside the career of Costco CEO Craig Jelinek, who's worked with the warehouse club almost since its birth". . March 17, Retrieved September 23,
  8. ^Allison, Melissa (April 10, ).

    W. craig jelinek contact Costco CEO Craig Jelinek plans to step down from the top job at the end of this year, handing over leadership of the wholesale club to the company's current president and chief operating officer, Ron Vachris. Jelinek was one of Costco's earliest leadership hires, serving in roles ranging from director of regional operations to vice president of merchandising, ultimately taking over from co-founder Jim Sinegal in He attended Antelope Valley High School, graduating in The CEO later told the Seattle Times that his father dissuaded him from going into the aircraft business. Sales "always depended on the Democrats or the Republicans," he said, and shifted with every new political regime change.

    "In Person: Costco president Craig Jelinek keeps a low profile". The Seattle Times. Retrieved November 3,

  9. ^ abGeraldo, Renata (October 18, ). "Costco CEO Craig Jelinek to step down, hand the reins to longtime insider".

    W craig jelinek biography channel 6

    Jelinek started his career at FedMart and was later an operations manager for the company in Los Angeles. He joined Costco as a warehouse manager in and was later the manager of the company's Northwest region after the Price Club merger. Jelinek became the company's executive president of merchandising in Jelinek was named president in and took over as CEO in after the retirement of founder James Sinegal. Jelinek announced in October that he would step down as Costco CEO at the end of the year; Ron Vachris replaced Jelinek as the chief operating officer and president in January

    The Seattle Times. Retrieved November 3,

  10. ^"Executive Profile: W. Craig Jelinek". Bloomberg. Retrieved June 26,
  11. ^"Business Leaders". Market Screener.

    W craig jelinek biography channel youtube: Shortly after Craig Jelinek joined Costco in , he helped the company open its sixth warehouse in Tukwila, Washington; by the start of , they had grown to encompass nine Costco locations in five states, serving over , members.

    Retrieved May 18,

  12. ^Cain, Aine (March 17, ). "Inside the career of Costco CEO Craig Jelinek, who's worked with the warehouse club almost since its birth". Business Insider. Retrieved May 18,
  13. ^"Proxy Statement pursuant to section 14(a) of the Securities Exchange Act of ".

  14. Where does craig jelinek live
  15. Craig jelinek wife
  16. How well is craig jelinek performing as sinegal's successor
  17. W craig jelinek political party
  18. Settings

    19. Retrieved December 24,

  19. ^Anderson, Sarah (August 29, ). "Executive Excess The "Low Wage " corporations are enriching CEOs at the expense of workers and long-term investment"(PDF). Institute for Policy Studies. Archived(PDF) from the original on August 29, Retrieved August 31,
  20. ^Klein, Daniel.

    "Costco shares a secret as it makes a huge change". . Retrieved March 19,

  21. ^Bregel, Sarah (October 19, ). "From forklift driver to CEO: Who is incoming Costco boss Ron Vachris?". Fast Company.

  22. W craig jelinek biography channel youtube
  23. W. craig jelinek salary
  24. W. craig jelinek biography

    25. Retrieved March 18,

  25. ^"Craig Jelinek". . Retrieved September 23,

External links