Jim Sinegal Biography

Jim Sinegal spent his career building one of the most successful retailers in the U.S.: Costco. Founder, chairman, and former longtime CEO, Sinegal turned Costco into a $39 billion chain of stores notable for their high levels of customer loyalty.

Sinegal is former President & CEO and a Director of Costco Wholesale Corporation, which was formed in January 1997. Between October 1993 and January 1997 the Company was known as PriceCostco, Inc. with Mr. Sinegal as its President and CEO and a Director. Prior to the 1993 merger of The Price Company and Costco Wholesale Corp., he was a founder of Costco Wholesale Corp. in 1983 and also its President & CEO and a Director. Previous to 1983, he was President of Sinegal/Chamberlin & Associates, a firm acting as a broker and sales representative for a variety of food and non-food products, from 1979 to January 1983. From October 1978 through August 1979, Mr. Sinegal was Executive Vice President of the Price Company, and from February 1978 through October 1978 was Vice President of Merchandising for Builders Emporium, a chain of retail home improvement centers.

In the 23 years prior to 1977, Mr. Sinegal held a number of administrative positions with Fed-Mart Corporation, a discount retail chain, the last of which was Executive Vice President in charge of all merchandising and operations. Mr. Sinegal has 40 plus years of merchandising and operations experience in the retail mass merchandising field.

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