Costco Announces Board and Executive Compensation Changes
Ticker: COST · Form: 8-K · Filed: Aug 7, 2025 · CIK: 909832
| Field | Detail |
|---|---|
| Company | Costco Wholesale CORP /New (COST) |
| Form Type | 8-K |
| Filed Date | Aug 7, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: COST
TL;DR
Costco's board and exec pay got a shake-up effective Aug 7. #CorpGov
AI Summary
Costco Wholesale Corporation announced on August 4, 2025, changes related to its board of directors and executive compensation. Specifically, the filing details the departure of certain officers, the election of new directors, and updates to compensatory arrangements for key executives. These changes are effective as of August 7, 2025.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and does not indicate any significant financial distress or operational disruption.
Key Players & Entities
- Costco Wholesale Corporation (company) — Registrant
- August 4, 2025 (date) — Earliest event reported
- August 7, 2025 (date) — Filing date and effective date of changes
FAQ
What specific roles have seen departures of officers?
The filing indicates the departure of 'certain officers' but does not specify the exact roles in this section.
Who are the newly elected directors?
The filing states that directors have been elected but does not list their names in this summary section.
What are the details of the compensatory arrangements for certain officers?
The filing notes that compensatory arrangements of certain officers are being updated, but the specific details are not provided in this initial summary.
What is the effective date of these reported changes?
The changes reported in this 8-K filing are effective as of August 7, 2025.
What is Costco's principal executive office address?
Costco's principal executive offices are located at 999 Lake Drive, Issaquah, WA 98027.
Filing Stats: 407 words · 2 min read · ~1 pages · Grade level 11.2 · Accepted 2025-08-07 16:35:32
Filing Documents
- cost-20250804.htm (8-K) — 21KB
- 0000909832-25-000064.txt ( ) — 132KB
- cost-20250804.xsd (EX-101.SCH) — 2KB
- cost-20250804_lab.xml (EX-101.LAB) — 21KB
- cost-20250804_pre.xml (EX-101.PRE) — 12KB
- cost-20250804_htm.xml (XML) — 3KB
From the Filing
cost-20250804 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 4, 2025 COSTCO WHOLESALE CORPORATION (Exact name of registrant as specified in its charter) Washington 0-20355 91-1223280 (State or other jurisdiction of incorporation) (Commission File No.) (I.R.S. Employer Identification No.) 999 Lake Drive Issaquah , WA 98027 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: 425 - 313-8100 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $.005 per share COST NASDAQ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 4, 2025, the Company announced that Russ Miller, Senior Executive Vice President, COO - U.S. and Mexico Operations, will retire effective February 2026. Caton Frates, Executive Vice President, COO Southwest Division, will be appointed Senior Executive Vice President, Warehouse Operations - U.S. and Mexico, effective February 2026. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. COSTCO WHOLESALE CORPORATION Dated: August 7, 2025 By: /s/ John Sullivan John Sullivan Executive Vice President, General Counsel and Secretary