Thursday, March 5, 2020

Issaquah, Washington-Based Costco Wholesale's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Very Modest 5.8% Per Year During the Past Five Years. Finally a Very Profitable US Corp Which Doesn't Pay Executives Exorbitant Amounts and Doesn't Give Executives Very Exorbitant Annual Pay Raises. Costco is the Gold Standard in Corporate Pay.

From annual compensation information contained in Proxy Statement filings with the US SEC, the table below shows Costco Wholesale's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.

FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug
Costco Wholesale 2019 2018 2018 2017 2017 2016 2016 2015 2015 2014
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Craig Jelinek CEO       8,016       7,409       7,409       6,621       6,621       6,503       6,503       6,340       6,340       5,625
Richard Galanti CFO       4,442       4,298       4,287       3,989       3,989       3,906       3,906       3,746       3,746       3,353
Joseph Portera COO-Eastern and Canada Division       4,148       4,101       4,100       3,829       3,829       3,770       3,770       3,646       3,646       3,310
Paul Moulton Chief Information Officer       4,086       4,029       4,023       3,773       3,773       3,728       3,728       3,588  N/A   N/A 
James Murphy COO-International Division       4,040       3,985       3,985       3,713       3,713       3,654  N/A   N/A     
Jeffrey Brotman Former Chairman  N/A   N/A        6,482       6,311       6,311       5,630
Dennis Zook-COO Southwest Division & Mexico       3,846       3,777       3,777       3,625       3,625       3,294
Totals     24,732     23,822     23,804     21,925     25,771     25,338     28,166     27,256     23,668     21,212
Annual % Change vs Prior Year 3.8%     8.6%     1.7% 3.3% 11.6%
5 Year Average Per Year % Change   5.8%