Craig Jelinek Net Worth, spouse, young children, awards, movies

Key facts:

Craig Jelinek is the current CEO of Costco, a position he took on in 2012 after the retirement of company co-founder Jim Sinegal.

Jelinek is the largest declared individual stockholder in Costco, owning 333,000 shares, which is roughly .08% of the company's total shares outstanding.

In addition to his base salary of $800,000, Jelinek earns additional income through bonuses and stock grants. In 2018, his total compensation included a bonus of $97,000, stock grants of $6.3 million, and $200,000 in retirement contributions.

Jelinek has a long history with Costco and joined the company in 1984 as the manager of warehouse operations. He was later promoted to head of operations and merchandising in 2004 before becoming CEO in 2012.

Jelinek played a role in maintaining Costco's famous $1.50 price for hot dogs sold in its restaurants. According to legend, when he expressed concerns about the profitability of the hot dogs, co-founder Jim Sinegal insisted on keeping the price unchanged, stating, "If you raise the price of the effing hot dog, I will kill you. Figure it out."

Basic Information About Craig Jelinek

Category	Business › CEOs
Professions	Businessman
Net worth	$150,000,000
Date of birth	1952-08-08 (71 years old)
Place of birth	California, U.S.
Nationality	American
Social Media	↗︎ Wikipedia