The chief operating officer of US wholesaler Costco is to retire from the firm on 4 June.

Dick DiCerchio, senior executive vice president and COO, will remain with the company as a member of the board of directors, the firm said yesterday (5 May).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Jim Sinegal, Costco’s CEO, said: “Dick has made invaluable contributions to the growth of our company, having spent twenty-seven years in all facets of our operations, culminating with his positions as senior executive vice president and a member of the board of directors”

Costco operates 567 warehouses, in the US, Puerto Rico, Canada, the UK, Korea, Taiwan, Japan, Australia and Mexico.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now