Jim Sinegal | |
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Born | James D. Sinegal January 1, 1936 Pittsburgh, Pennsylvania, U.S. |
Education | San Diego City College (AA) San Diego State University (BA) |
Occupation(s) | Retired businessman and retail executive |
Known for | Cofounder and former CEO of Costco |
Successor | W. Craig Jelinek |
Spouse | Janet Sinegal |
Children | 3 |
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. As CEO of Costco, Sinegal was known for his hands-on humanitarian approach to business, which he learned from his mentor, Sol Price. He prioritized customer and employee satisfaction over shareholder interests and is also known for his philanthropic efforts.