Costco 2012 Annual Report Download - page 42

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EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
The executive officers of Costco, their position, and ages are listed below. All executive officers have
25 or more years of service with the Company. Effective January 1, 2012, Jim Sinegal retired as our
Chief Executive Officer but is continuing with the Company in an advisory role until February 2013. In
addition, he will continue to serve on the Board of Directors.
Name Position
Executive
Officer
Since Age
W. Craig Jelinek ....... President and Chief Executive Officer since January 2012,
and a director since February 2010. He was President and
Chief Operating Officer from February 2010 to December
2011. Prior to that he was Executive Vice President, Chief
Operating Officer, Merchandising since 2004.
1995 60
Jeffrey H. Brotman ..... Chairman of the Board. Mr. Brotman is a co-founder of
Costco and has been a director since its inception.
1983 70
Richard A. Galanti ...... Executive Vice President and Chief Financial Officer.
Mr. Galanti has been a director since January 1995.
1993 56
Franz Lazarus ......... Executive Vice President, Administration. Mr. Lazarus was
Senior Vice President, Administration-Global Operations
since 2006.
2012 65
John D. McKay ........ Executive Vice President, Chief Operating Officer,
Northern Division. He was Senior Vice President, General
Manager, Northwest Region from 2000 to March 2010.
2010 55
Paul G. Moulton ........ Executive Vice President of Information Systems.
Mr. Moulton was Executive Vice President, Real Estate
Development until March 2010.
2001 61
James P. Murphy ....... Executive Vice President, International. Mr. Murphy was
Senior Vice President, International, from September
2004 to October 2010.
2011 59
Joseph P. Portera ...... Executive Vice President, Chief Operating Officer, Eastern
and Canadian Divisions. Chief Diversity Officer since 2010.
1994 60
Douglas W. Schutt ...... Executive Vice President, Chief Operating Officer,
Merchandising. Mr. Schutt was Executive Vice President,
Chief Operating Officer, Northern Division and Midwest
Region from 2004 to March 2010.
2004 53
Thomas K. Walker ...... Executive Vice President, Construction and Distribution. 2004 72
Dennis R. Zook ........ Executive Vice President, Chief Operating Officer,
Southwest Division and Mexico.
1993 63
We have 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. If the Company makes any amendments to this
code (other than technical, administrative, or non-substantive amendments) or grants any waivers,
including implicit waivers, from this code to the CEO, chief financial officer or controller, we will disclose
(on our website or in a Form 8-K report filed with the SEC) the nature of the amendment or waiver, its
effective date, and to whom it applies.
Executive Compensation
Information related to Executive Compensation and Director Compensation is incorporated herein by
reference to Costco’s Proxy Statement filed with the SEC.
40