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     • Sinegal earned a $350,000 salary during his tenure at Costco – which was far less than the industry average of $1 million for Fortune 100 CEOs at the time. When Sinegal went into retirement in 2018, he owned over $263 million in Costco stock (via The Seattle Times).
     www.mashed.com/361488/how-rich-is-the-costco-ceo-and-whats-the-average-pay-of-its-employees/

     How Rich Is The Costco CEO And What's The Average ... - Mashed

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   How did Sinegal make money at Costco?

   • Bucking the retail playbook, he delivered pay scales and benefits sans parallel industrywide. The average Costco worker earned $17 an hour alongside luxuries like stock options and pension contributions, outpacing competitors substantially. Sinegal expanded health coverage to part-timers, an anomaly for discount chains where tight margins ruled.

   9 FACTS ON JAMES SINEGAL THE FOUNDER OF COSTCO - History Oasis

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   Who is Costco CEO Jim Sinegal?

   • The Fool meets with Jim Sinegal, co-founder and longtime CEO of retail giant Costco. Join The Motley Fool for a conversation with retired Costco CEO Jim Sinegal. In love with retail since his first job as a bagger in 1954, Sinegal co-founded Costco and served as president and CEO of the retail giant from 1983 until his retirement in January 2012.

   An Interview With Jim Sinegal, Co-Founder of Costco

   www.fool.com/investing/general/2013/07/31/an-interview-with-jim-sinegal-of-costco.aspx

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   Why is Sinegal important to Costco?

   • Sinegal, and by extension, Costco as a whole, became notable in the business world for his unorthodox approach to operations – generally prioritizing customer and employee satisfaction over shareholders' bottom lines. "Our operating philosophy has been simple.

   The history of Costco: How Jim Sinegal went from grocery bagger to

   www.msn.com/en-us/money/other/the-history-of-costco-how-jim-sinegal-went-from-grocery-bagger-to-redefining-members-only-retail/ar-AA1nUTGH

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   What happened to Costco After Sinegal stepped down?

   • By 2011 when Sinegal stepped down, Costco could boast a 6% yearly staff turnover compared to 17% industrywide. That lean rate swelled customer loyalty and propelled the prosperous performance converting even former detractors.

   9 FACTS ON JAMES SINEGAL THE FOUNDER OF COSTCO - History Oasis

   www.historyoasis.com/post/james-sinegal

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   How did Costco become a $1 billion company?

   • Costco made it from concept to $1 billion company in just three years. Costco cofounders Jeffrey Brotman (second from left) and Jim Sinegal (on chair) gather with Costco's board of directors. 1983: The first Costco opens in Seattle with a business plan that calls for expansion to about 12 stores and sales of $80 million per store.

   Priced to grow: How Costco got started - CNN Business

   money.cnn.com/2009/08/14/smallbusiness/how_costco_got_started.fsb/index.htm

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   Is Sinegal a good company?

   • Sinegal: Well, we're very pleased with our growth. The growth in the 27 years since we've gone public, since we became a public company, our growth in revenues has been at a 13.8% compounded rate, so we think that's pretty healthy.

   An Interview With Jim Sinegal, Co-Founder of Costco

   www.fool.com/investing/general/2013/07/31/an-interview-with-jim-sinegal-of-costco.aspx

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3. en.wikipedia.org › wiki › James_SinegalJames Sinegal - Wikipedia

   en.wikipedia.org › wiki › James_Sinegal

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   As CEO, Sinegal was well known for traveling to each Costco location every year to inspect it personally. Sinegal's innovations made Costco the first "warehouse club" to include fresh food, eye-care clinics, pharmacies, and gas stations in its mix of goods and services.

4. www.businessinsider.com › meet-costco-cofounderMeet Costco Cofounder Jim Sinegal: Life, Career, Family ...

   www.businessinsider.com › meet-costco-cofounder

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   Sep 16, 2020 · Sinegal wasn't just passionate about saving the company money. He prevented Costco from marking up the prices of its inventory more than 14% or 15% over its cost to the store, even if shoppers ...

   • Founder: Henry Blodget

5. www.historyoasis.com › post › james-sinegal9 FACTS ON JAMES SINEGAL THE FOUNDER OF COSTCO - History Oasis

   www.historyoasis.com › post › james-sinegal

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   At the peak of his leadership prowess in Costco’s formative years, Sinegal cemented his egalitarian ideals into corporate policy—with employee compensation as the centerpiece. Bucking the retail playbook, he delivered pay scales and benefits sans parallel industrywide.

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6. Videos

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     Doing the Right Thing When Dollars Are on the Line: Jim Sinegal

     27 Feb 2017

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     Costco Wholesale Corporation Co-Founder and Former CEO Jim Sinegal

     9 Dec 2019

     33.4K views

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     fool.com

     An Interview With Jim Sinegal, Co-Founder of Costco | The Motley Fool

     31 Jul 2013

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7. www.msn.com › en-us › moneyThe history of Costco: How Jim Sinegal went from grocery ...

   www.msn.com › en-us › money

   Quickly finding himself enamored with the industry, Sinegal worked his way up to executive vice president of FedMart, serving in similar capacities for various other retail companies –...

8. www.hbs.edu › detailsJames D. Sinegal - Leadership - Harvard Business School

   www.hbs.edu › details

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   Though he built a $40+ billion operation with over 400 retail centers and 40 million members, Sinegal is best known for his progressive management practices which have enabled Costco to benefit from low employee turnover and high productivity.

9. www.fool.com › investing › generalAn Interview With Jim Sinegal, Co-Founder of Costco

   www.fool.com › investing › general

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   Jul 31, 2013 · In love with retail since his first job as a bagger in 1954, Sinegal co-founded Costco and served as president and CEO of the retail giant from 1983 until his retirement in January 2012.

10. money.cnn.com › 2009/08/14 › smallbusinessPriced to grow: How Costco got started - Aug. 17, 2009

    money.cnn.com › 2009/08/14 › smallbusiness

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    Aug 14, 2009 · SINEGAL: The original business plan called for eventual growth to about 12 Costcos, primarily in the Northwest, and maybe $80 million in sales per store. We thought we'd become a $1 billion ...