ProxyMiner / Company

COSTCO WHOLESALE CORP /NEWCOST

Latest proxy: 2025 · view on SEC ↗ · CIK 0000909832

CEO total pay

$13,932,597

Ron M. Vachris · 2025

Say on pay

Not disclosed

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CEO pay ratio

Item 402(u)

283 to 1

Median employee: $66,262

Compensation committee

CD&A

Compensation Committee

Per the latest proxy

Filings indexed: 2 · 2025 · 2024

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
Ron M. Vachris2025 compensation
Chief Executive Officer, President and Director
$13,932,597 14%
91% at-risk
$1,183,270$12,036,800$600,000$58,631
Gary Millerchip2025 compensation
Executive Vice President, Chief Financial Officer
$6,770,513
84% at-risk
$915,115$5,453,713$184,000$201,685
Javier Polit2025 compensation
Executive Vice President, Chief Information and Digital Officer
$7,508,209 23%
92% at-risk
$541,116$3,670,902$184,000$96,191
Richard A. Galanti82025 compensation
Former Executive Vice President
$6,504,736
89% at-risk
$502,079$5,260,598$148,054
Pierre Riel72025 compensation
Executive Vice President, COO - International Division
$5,287,017
82% at-risk
$713,654$4,123,770$184,000$249,232
Russ D. Miller2025 compensation
Senior Executive Vice President, COO - U.S. and Mexico Operations
$5,181,678 1%
84% at-risk
$765,192$4,123,770$184,000$64,855

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

Following is a discussion and analysis of our compensation programs as they apply to our Chief Executive Officer, Chief Financial Officer, the three other most highly compensated individuals who served as executive officers in fiscal 2025, and one former executive officer who would have been one of our three other most highly compensated executive officers if he had still been serving as an officer at the end of fiscal 2025. These individuals are referred to as the “Named Executive Officers" and include: Ron M. Vachris, Chief Executive Officer; Gary Millerchip, Executive Vice President, Chief Financial Officer; Russ D. Miller, Senior Executive Vice President, Chief Operating Officer - Warehouse Operations, U.S. and Mexico; Pierre Riel, Executive Vice President, Chief Operating Officer - International Division; Javier Polit, Executive Vice President, Chief Information and Digital Officer; and Richard Galanti, former Executive Vice President. Compensation Philosophy and Objectives Our compensation programs are designed to motivate our executives and employees and enable them to participate in the growth of our business. The Company believes it has been very successful in attracting a

Read the full CD&A on SEC.gov ↗

Peer comparison

Who they benchmark against

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Governance

Policy guardrails

  • hedging

    prohibited

    The prohibition on transactions involving hedging includes any

  • pledging

    prohibited

    The Corporate Governance Guidelines prohibit transactions involving hedging of the Company's equity securities by directors, officers, and employees and prohibit pledging of the Company's equity securities by directors a

  • clawback

    present

    Clawback Policy

  • compensation committee

    Compensation Committee

    The Committee’s function is more fully described under “Committees of the Board — Compensation Committee.”

Performance markers

Metric facts

  • revenue

    $271.02 billion

    which was exceeded in fiscal 2025 (the goal was $10.73 billion, on a generally accepted accounting principles basis; actual pre-tax income, adjusted for changes in foreign currencies based on budgeted rates, as provided

  • performance equity mix

    19%

    Vachris 13,834 performance-based RSUs, which represented an increase of 19% over the prior year, based on the closing share price at the time of grant.

  • ceo pay ratio

    283 to 1

    an average exchange-rate for the year to date period. The median employee in the considered population had a total compensation of $49,186. Ratio The CEO's total compensation as shown in the Summary Compensation Table wa

  • median employee compensation

    $66,262

    of the “considered population” were part-time, seasonal or temporary workers, which significantly impacts the ratio shown above. We believe it is appropriate to present a supplemental calculation using the same methodolo

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