Costco 2010 Annual Report Download - page 43

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DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
A list of Directors and nominees for Director is included in Costco’s Proxy Statement for our Annual
Meeting of Shareholders to be held on January 27, 2011. A list of the names and positions of the
Directors, as well as the Executive and Senior Officers of our Company, appears on Page 83 of this
Report. The following is a list of the names, ages and positions of the executive officers of our
Company. All executive officers have 25 or more years of service with the Company.
Name Position With Company
Executive
Officer
Since Age
James D. Sinegal ...... Chief Executive Officer. Mr. Sinegal is a co-founder of the
Company and has been a director since its inception. In
February 2010, Mr. Sinegal relinquished his role as
President of the Company, which he had held since the
Company’s inception.
1983 74
Jeffrey H. Brotman ..... Chairman of the Board. Mr. Brotman is a co-founder of the
Company and has been a director since its inception.
1983 68
W. Craig Jelinek ....... President and Chief Operating Officer. Mr. Jelinek has
been President and Chief Operating Officer of the
Company since February 2010, when he also joined the
Board of Directors. Prior to that date, he was Executive
Vice President, Chief Operating Officer, Merchandising
since 2004.
1995 58
Richard A. Galanti ...... Executive Vice President and Chief Financial Officer.
Mr. Galanti has been a director of the Company since
January 1995.
1993 54
Paul G. Moulton ........ Executive Vice President and Chief Information Officer.
He was Executive Vice President, Real Estate
Development until March 2010.
2001 59
Joseph P. Portera ...... Executive Vice President, Chief Operating Officer, Eastern
and Canadian Divisions.
1994 58
Douglas W. Schutt ...... Executive Vice President, Chief Operating Officer,
Merchandising. He was Executive Vice President, Chief
Operating Officer, Northern and Midwest Division from
2004 to March 2010.
2004 51
John D. McKay ........ Executive Vice President, Chief Operating Officer,
Northern and Midwest Division. He was Senior Vice
President, General Manager, Northwest Region from 2000
to March 2010.
2010 53
Thomas K. Walker ...... Executive Vice President, Construction, Distribution and
Traffic.
2004 70
Dennis R. Zook ........ Executive Vice President, Chief Operating Officer,
Southwest and Mexico Divisions.
1993 61
The Company has adopted a code of ethics for senior financial officers pursuant to section 406 of the
Sarbanes-Oxley Act. Copies of the code are available free of charge by writing to Secretary, Costco
Wholesale Corporation, 999 Lake Drive, Issaquah, WA 98027.
Executive Compensation
The information required by this item is incorporated herein by reference to the sections entitled
“Compensation of Directors,” “Executive Compensation,” and “Compensation Discussion and Analysis”
in Costco’s Proxy Statement.
41