October 28, 2020
Costco Headquarters

Costco Wholesale Board of Directors Compensation and Executives Salary

Costco Wholesale Corporation or simply known as Costco is a popular American company, engaged in business of membership-only warehouse clubs. The company is headquartered in Issaquah, Washington, United States. W. Craig Jelinek is the Chief Executive Officer of Costco Wholesale Corporation who earned total compensation of US$7,300,625. Other top level executives also earned handsome salary as part of their package.

The Executive Vice President and Chief Information Officer of Costco earned US$4,004,389 in fiscal year ended in 2018. So, let’s see important information about salary package and total compensation of Costco Board of Directors and top level executives / management.

Costco Headquarters
Costco Headquarters

Costco Wholesale Board of Directors Compensation – Fiscal Year Ended 2018

Susan L. Decker – Chief Executive Officer and founder of Raftr

This board member earned US$305,500 as total compensation including cash salary US$43,000, and stock awards (Equity) US$262,500.

Kenneth D. Denman – Venture Partner at Sway Ventures

This board member earned US$314,500 as total compensation including cash salary US$52,000, and stock awards (Equity) US$262,500.

Dan Evans – Director

This board member earned US$281,500 as total compensation including cash salary US$19,000, and stock awards (Equity) US$262,500.

Hamilton E. James – Former President and Chief Operating Officer of The Blackstone Group

This board member earned US$297,500 as total compensation including cash salary US$35,000, and stock awards (Equity) US$262,500.

John W. Meisenbach – Director

This board member earned US$297,500 as total compensation including cash salary US$35,000, and stock awards (Equity) US$262,500.

Charles T. Munger – Vice Chairman of the Board of Directors of Berkshire Hathaway Inc.

This board member earned US$309,500 as total compensation including cash salary US$47,000, and stock awards (Equity) US$262,500.

Jeffrey S. Raikes – Co-founder of the Raikes Foundation

This board member earned US$302,500 as total compensation including cash salary US$40,000, and stock awards (Equity) US$262,500.

James Sinegal – Director

This board member earned US$274,500 as total compensation including cash salary US$12,000, and stock awards (Equity) US$262,500.

John W. Stanton – Chairman of Trilogy International Partners, Inc.

This board member earned US$311,500 as total compensation including cash salary US$49,000, and stock awards (Equity) US$262,500.

Mary Agnes (Maggie) Wilderotter – Chief Executive Officer and Chairman of the Grand Reserve Inn

This board member earned US$308,500 as total compensation including cash salary US$46,000, and stock awards (Equity) US$262,500.

Costco Wholesale Executives Salary – Fiscal Year Ended 2018

Richard A. Galanti – Executive Vice President, Chief Financial Officer

This executive earned US$4,074,088 as total compensation including base salary (paid in cash) US$799,040, Equity Rewards US$3,150,444, and all other compensation US$124,604.

Joseph P. Portera – Executive Vice President, COO- Eastern & Canadian Divisions

This executive earned US$4,054,863 as total compensation including base salary (paid in cash) US$784,340, Equity Rewards US$3,150,444, and all other compensation US$120,079.

W. Craig Jelinek – President and Chief Executive Officer

This executive earned US$7,300,625 as total compensation including base salary (paid in cash) US$897,000, Equity Rewards US$6,295,829, and all other compensation US$107,796.

Paul G. Moulton – Executive Vice President, Chief Information Officer

This executive earned US$4,004,389 as total compensation including base salary (paid in cash) US$748,240, Equity Rewards US$3,150,444, and all other compensation US$105,705.

James P. Murphy – Executive Vice President, COO-International Division

This executive earned US$3,966,125 as total compensation including base salary (paid in cash) US$699,040, Equity Rewards US$3,150,444, and all other compensation US$116,641.

Article last re-published on June 27, 2020.

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