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Stock impact report

Costco's CEO is an unlikely risk taker [CNN]

ESSILOR LXTTCA UNSP/ADR (ESLOY) 
NASDAQ:AMEX Investor Relations: essilor.com/en/investors
Company Research Source: CNN
Vachris started at Costco as a forklift driver in 1982 while he attended community college. He went on to manage Costco's warehouses on the West Coast before he was tapped to lead the company's real estate division in 2015. “I was quite shocked” about being asked to run the real estate division, Vachris later said in a rare interview . “All my experience was in operations and running warehouses.” In 2024, more than 40 years after Vachris started at Costco, he became the company's third-ever CEO. “I'm not the exception” among company leadership, he said . “We have a very humble group out there” that's not focused on “recognition (or) being on a pedestal somewhere.” But over the past year, Costco has taken a major risk by adopting visible public stances at odds with President Donald Trump's agenda. That makes Costco one of the few big companies to defy the administration — and get away with it. Costco rarely takes the lead on controversial political or social issues, and its Show less Read more
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