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James D. Sinegal (born January 1, 1936) is an American billionaire businessman and cofounder and former CEO of the Costco Wholesale Corporation, [1] an international retail chain. He served as Costco's president and CEO from 1983 until 2011.
Sep 16, 2020 · Meet Costco's multimillionaire cofounder Jim Sinegal, a Democrat megadonor who was only paid a third of the average CEO's salary during his time leading the wholesale retailer
- Henry Blodget
Sinegal was one of the principal founders of Costco in 1983. As CEO, he has built the fledgling wholesale shopping center into the largest such organization in the United States, outpacing both Sam’s Club and BJ’s Wholesale.
Seven years later, Jim Sinegal channeled his expertise into co-founding Costco Wholesale with Jeff Brotman, and together they opened the first warehouse in Seattle, Washington in 1983. Over the next decade, both Price Club and Costco Wholesale continued to innovate and grow, and in 1993, the two mega-retailers merged, creating a gifted leadership team that soon made Costco the world's most ...
As one of the most influential retail pioneers of the late 20th century, James Sinegal reshaped the commerce landscape through his audacious innovation and intensely humanistic philosophy while founding Costco.
Nov 1, 2008 · As Costco marks its 25th year, straight-talking CEO Jim Sinegal shares his two cents on sustainability, the economy, universal health care, and what our next president should do.
Nov 27, 2012 · Costco founder Jim Sinegal is worth an estimated $150 million. His strategy and leadership transformed his store into one of the most successful retailers in the world.