# Ron Vachris

> Ron Vachris is president, chief executive officer and a director of Costco Wholesale. He began at Price Club in Phoenix in 1982, worked in warehouse operations and management, and later led regional operations, real estate development and merchandising. He became Costco’s third CEO on January 1, 2024, succeeding Craig Jelinek. His public interviews emphasize employee opportunity, member value and close attention to products.

- **Role:** President and Chief Executive Officer at Costco Wholesale
- **Organizations:** Costco Wholesale, Price Club (the Price Company)
- **From:** Staten Island, New York, United States
- **Nationality:** American
- **Education:** Glendale Community College, Arizona
- **Known for:** Became the third chief executive in Costco’s history on January 1, 2024., Advanced from warehouse work to leadership roles in operations, real estate and merchandising., Joined Costco’s board in February 2022.

## Career timeline

- **1982** — Began working for the Price Company in the Phoenix, Arizona market, including forklift work.
- **1992** — Became a warehouse manager in Colorado; subsequently managed warehouses in Colorado and Arizona.
- **1993** — Price Club and Costco merged.
- **1999** — Promoted to vice president of operations in the San Diego region.
- **2010** — Moved to Washington and became senior vice president and general manager of the Northwest region.
- **2015-08** — Became senior vice president of real estate development.
- **2016-06** — Became executive vice president of merchandising, according to Costco’s official biography.
- **2022-02** — Appointed president and chief operating officer and joined Costco’s board.
- **2024-01-01** — Succeeded Craig Jelinek as president and chief executive officer.

## Achievements

- Became the third chief executive in Costco’s history on January 1, 2024.
- Advanced from warehouse work to leadership roles in operations, real estate and merchandising.
- Joined Costco’s board in February 2022.
- Led Costco during fiscal 2026, when company net sales reached $297.247 billion and net income reached $9.226 billion; these are company results, not solely attributable to the CEO.

## Latest updates

- **2026-09** — Costco reported fiscal 2026 net sales of $297.247 billion, up 10.1%, and net income of $9.226 billion.
- **2026-09** — Vachris discussed reinvesting part of initial tariff refunds in lower member prices during the fourth-quarter earnings call.
- **2026-05** — Spoke at the Economic Club of Chicago on May 11 in a conversation moderated by United Airlines president Brett Hart.
- **2026-03** — Business Insider published his confirmation that he personally reads and responds to many member emails.

## Links

- Website: https://www.costco.com/
- LinkedIn: https://www.linkedin.com/in/ron-vachris-3078b2111

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Profile page: https://yespress.io/ron-vachris
Published by YesPress — https://yespress.io
Last updated: 2026-10-21