American businessman Walter Craig Jelinek was born on August 8, 1952, in Los Angeles, California. He took over as president and CEO of Costco in 2012, succeeding the company’s founder, James Sinegal. Walter’s parents are Walter Adolph Jelinek and Erdene Gordon. His father is a Czech immigrant. Jelinek earned a bachelor’s degree in 1975 from San Diego State University.
Jelinek’s career began with FedMart. Jelinek began working for Lucky Stores in 1981. In 1984, he was hired as a warehouse manager at Costco, and he climbed to CEO in 2012. Jelinek also serves on the board of Costco Wholesale UK Ltd. The Puget Sound Business Journal states that Jelinek’s base salary for 2018 was $800,000.
According to a 2020 Costco SEC filing, Jelinek received $8,279,552 in compensation overall, of which $1,000,000 was his base salary. The 2019 Peter G. Peterson Business Statesmanship Award went to Walter Craig Jelinek. The Committee for Economic Development delivered the speech.
W. Craig Jelinek house: Peek inside his Yarrow Point, WA, home
As of the time of publication, Walter Craig Jelinek, a US citizen, resides in Los Angeles, California.
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