James costco hbo biography

James costco hbo biography book Share icon An curved arrow pointing right. A month later, the pair opened a second warehouse in Portland, Oregon, and by the end of the year, they began operations at a third location in Spokane, Washington. During his year career at Costco, Sinegal was known for being frugal and going out of his way to help his employees. In an interview published in the Houston Chronicle on July 17, , he told Steven Greenhouse that he did not care about Wall Street analysts who had criticised him for putting good treatment of employees and customers ahead of pleasing shareholders.

James Sinegal - Biography

James D. Sinegal (born January 1, ) is co-founder and CEO of Costco, an international low-price membership retail chain and the largest U.S. wholesale club, headquartered in Issaquah, Washington, U.S..

He was born January 1, into a Catholic working-class family in Pittsburgh, Pennsylvania.

His mother placed him in a orphanage as she was unable to take care of him. Later in his life, when he was 11, she "re-adopted' Mr. Sinegal and he met his new step father, Giuseppe Siniscalli (later changed to Sinegal) who came over from Pisticci, Italy in at the age of 1 year old. He took his step-fathers last name as Sinegal was not close to his biological father.

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His biological fathers last name is Wright. He attended Helix High School in La Mesa, California. He earned an AA at San Diego City College in Sources vary on his higher educational attainment. Some sources indicate he earned a BA from San Diego State University () and others that he dropped out of college when he found his true vocation.

James costco hbo biography Sinegal received an honorary doctorate from Dartmouth College alongside Jake Tapper and others in June He was a vice president of merchandising for Builders Emporium , and an executive vice president for the Price Company In an interview published in the Houston Chronicle on July 17, , he told Steven Greenhouse that he was not interested in Wall Street analysts who took issue with his care for employees and customers rather than happier shareholders. In , Mr.

After he started as a bagger at FedMart in he found he loved retailing. At FedMart, he worked his way up to executive vice president in charge of merchandising and operations. He was a vice president of merchandising for Builders Emporium , and an executive vice president for the Price Company From he worked with Sinegal/Chamberlain and Associates, a company which acted as a broker and sales representative for food and non-food products.

Together with Seattle retailer Jeff Brotman, he co-founded Costco and from he has been President and CEO of Costco. His innovations made Costco the first warehouse club to include fresh food, eye-care clinics, pharmacies, and gas stations.

James costco hbo biography death Following the —08 season, the team relocated to Oklahoma City, and now play as the Oklahoma City Thunder. Best Pet Insurance. However, he did stay on as an advisor and member of Costco's board of directors until Log in.

He was a protege of Sol Price, who pioneered the concept of the warehouse store that sells high volumes of a small variety of goods to members only. Sinegal is known for a benevolent style of management that offers employees high benefits and rewards.

In an interview published in the Houston Chronicle on July 17, , he told Steven Greenhouse that he was not interested in Wall Street analysts who took issue with his care for employees and customers rather than happier shareholders.

Investors might want higher earnings but Sinegal stated “We want to build a company that will still be here 50 and 60 years from now." A favorite saying of his is “you have to take the shit with the sugar”. Investors who bought $10, of Costco stock in had $43, ten years later, a return of % (or % annually).

He married Janet L. Dwyer in San Diego on July 21, and they have three children.

In , Mr. Sinegal was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.

James costco hbo biography wikipedia However, it wasn't until that Costco got its biggest break. For the most part, Jelinek has upheld Sinegal's leadership strategy, prioritizing employees and keeping costs low for customers. A breakup between the companies was formally announced in His father was a coal miner and a steelworker, The New York Times reported.

Compensation

According to documentation provided by Costco Wholesale Corporation, in fiscal year Sinegal earned $, in base pay, with additional funds coming from bonuses, stock/option awards and other compensations, totaling $2,, In , he earned a total compensation of $3,,, which included a base salary of $,, a cash bonus of $80,, and stocks granted of $3,, In , he earned a total compensation of $2,,, which included a base salary of $,, a cash bonus of $75,, stocks granted of $2,,, and other compensation totaling $78,

Sports

On March 6, Seattle's Mayor announced that a local ownership group involving Microsoft CEO Steve Balmer made a "game changing" commitment to invest $ million in cash towards a $ million renovation of Key Arena and were ready to purchase the Seattle SuperSonics in order to keep them in the City of Seattle.

The members of the local ownership group included Microsoft CEO Steve Ballmer, Seattle developer Matt Griffin, Jim Sinegal, and wireless magnate John Stanton. Following the –08 season, the team relocated to Oklahoma City, and now play as the Oklahoma City Thunder.

Biography Resource Center Online
California Marriage Index page 7,
International Directory of Business Biographies.
”James Sinegal, Costco, The Bargain Hunter” Business Week, September 23,

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