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Costco Wholesale Corp. Announces Planned Chief Executive Officer Change
Costco Wholesale Corp. announced that Jim Sinegal has informed the Costco Board of Directors of his intention to step down as Chief Executive Officer effective January 1, 2012. In view of Jim's decision, the Board of Directors has elected Craig Jelinek, currently President and Chief Operating Officer, as President and Chief Executive Officer effective January 1, 2012.
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