Content about James Sinegal

January 8, 2014

The semi-retired CEO of Costco Wholesale has been named as the recipient of the top award from the National Retail Federation at the trade group's upcoming trade show this month, the NRF said.

NEW YORK — The semi-retired CEO of Costco Wholesale has been named as the recipient of the top award from the National Retail Federation at the trade group's upcoming trade show this month, the NRF said Wednesday.

Jim Sinegal, who stepped down as president CEO of the Issaquah, Wash.-based club retailer in 2012, after 29 years, but still plays an active role in the company and is a member of its board of directors, is scheduled to accept the NRF's Gold Medal Award for 2014 at Retail's BIG Show, which takes place from Jan. 12-15 at the Jacob Javits Center in New York.

April 11, 2013

An awards celebration this fall at the University of Missouri-Kansas City will honor the co-founder of Costco Wholesale, according to published reports.

NEW YORK — An awards celebration this fall at the University of Missouri-Kansas City will honor the co-founder of Costco Wholesale Corp., according to published reports.

The St. Louis Post-Dispatch reported Thursday that Jim Sinegal, who retired as the club retailer's CEO in January 2012, would be among the honorees of the university's 28th Annual Entrepreneur of the Year Awards celebration.

Sinegal founded Issaquah, Wash.-based Costco together with Jeff Brotman in 1983. The company now operates 626 stores, including 449 in the United States.

September 7, 2012

President Barack Obama's re-election bid got a dose of support from the cofounder of one of the country's largest retailers, according to published reports.

NEW YORK — President Barack Obama's re-election bid got a dose of support from the cofounder of one of the country's largest retailers, according to published reports.

Speaking at the Democratic National Convention, former Costco Wholesale CEO and cofounder Jim Sinegal said Obama "understands what the private sector needs to succeed," The Seattle Times quoted the co-founder of Issaquah, Wash.-based Costco as saying.

January 4, 2012

Investment research firm Morningstar has named the outgoing CEO of Costco Wholesale as its 2011 CEO of the Year, the company said Wednesday.

CHICAGO — Investment research firm Morningstar has named the outgoing CEO of Costco Wholesale as its 2011 CEO of the Year, the company said Wednesday.

Costco CEO Jim Sinegal, who retired on New Year's Day, received the recognition for what Morningstar called his "exemplary corporate stewardship, independent thinking" and creating "lasting value for shareholders."

September 6, 2011

While news media fret over what effect Steve Jobs' departure from Apple will have on that company, it's clear that Jim Sinegal is leaving Costco Wholesale in capable hands as he prepares to step down as CEO and hand leadership over to president and COO Craig Jelinek.

WHAT IT MEANS AND WHY IT'S IMPORTANT — While news media fret over what effect Steve Jobs' departure from Apple will have on that company, it's clear that Jim Sinegal is leaving Costco Wholesale in capable hands as he prepares to step down as CEO and hand leadership over to president and COO Craig Jelinek.

(THE NEWS: New leadership era begins at Costco. For the full story, click here)

September 1, 2011

Costco’s legendary co-founder Jim Sinegal is stepping down as CEO.

ISSAQUAH, Wash. — Costco’s legendary co-founder Jim Sinegal is stepping down as CEO.

March 29, 2011

Costco Wholesale CEO Jim Sinegal has made the Barron’s magazine list of the top 30 CEOs.

NEW YORK — Costco Wholesale CEO Jim Sinegal has made the Barron’s magazine list of the top 30 CEOs.

Sinegal earned the 22nd spot on the list. The magazine pointed out his busy travel schedule, which takes him to most of Costco’s 582 stores every year, as well as a recent trip to Asia from which he arrived in Issaquah, Wash., at 8 a.m., showered and was in the office at 9 a.m.

May 16, 2010

Two highly regarded veterans of the retail and supplier sides of chain pharmacy retailing were...

May 5, 2010

Dick DiCerchio will retire as Costco’s senior EVP and COO, effective June 4, the mass-merchandise...

April 29, 2010

The idyllic Palm Beach setting is splendid. The weather usually is sunny and sublime. And...

WHAT IT MEANS AND WHY IT'S IMPORTANT The idyllic Palm Beach setting is splendid. The weather usually is sunny and sublime. And the service, food and amenities served up by The Breakers nearly always are flawless.

(THE NEWS: Time to assert pharmacy’s role, new NACDS chairman urges. For the full story, click here)