CEO · COST
CEO$Executive Intelligence

Ron Vachris

President & CEO · Costco COST
$13.9M
FY2025 total compensation
Filed · DEF 14A

Costco’s CEO since 2024, who started as a teenage forklift driver at Price Club and rose through four decades of operations to run the warehouse-club giant.

Read Ron Vachris’s net worth & biography →

CEO since2024
Born1965
Pay rank#42 of 50 tracked
Share Ron Vachris's pay$13.9M in FY2025 — free, straight from the SEC proxy.

Pay vs performance

what happened while he earned it
CEO compensation$13.9M
Stock · since 2024+11.8%
S&P 500 · since 2024+41.1%
Revenue · YoY+8.2%
EPS · YoY+10.0%
CEO tenure2 yrs

No score, no opinion. Compensation is filed; stock and S&P are market returns over the window shown; revenue and EPS are latest reported vs the prior year. You decide.

Why this pay?

  • His fiscal 2025 pay of $13.9 million reflects Costco’s famous restraint: a roughly $1.18 million salary and total pay under $14 million for a company worth several hundred billion dollars. Most of it is performance stock, with a small cash incentive.

Worth knowing

Costco’s CEO Ron Vachris started in 1982 as a part-time forklift driver at Price Club, the warehouse chain Costco later merged with. He spent 40+ years working his way up to the top job.

Source: Costco proxy / company history · More facts →

Quick facts

CEO since2024
PreviouslyCostco
Largest pay componentStock & options · 86%
Pay rank (tracked)#42 of 50
EducationGlendale Community College (AZ)

Compensation breakdown

DEF 14A
total · FY2025$13,932,597
Salary$1,183,270
Cash incentive$600,000
Stock awards$12,036,800
Change in pension value$53,896
All other comp$58,631
Total$13,932,597

His first full fiscal year as CEO. Classic Costco restraint — total under $14M for a ~$400B+ company. Source: Costco 2026 Proxy (FY2025)

Compensation history

salary + cash vs stock, from the proxies
$13.9MFY2025
Stock & optionsSalary & cashOther· prior years n/a

Related intelligence

every filing on Costco, one hop away

Career

2024-presentPresident & CEO · Costco
2022-2024President & COO · Costco
2016-2022EVP, Merchandising · Costco

Compare pay with

Every figure ties to a filing. Compensation is the total from Costco's Summary Compensation Table for FY2025(grant-date values, which can differ from what an executive realizes when awards vest). We publish what the filings say, and we don't grade people.