Consumer >> CEO Interviews >> September 20, 2000

Richard Galanti – Costco Wholesale Corporation (cost)

Richard Galanti joined Costco Wholesale Corp. in 1984 as Vice President, Finance, and became Senior Vice President and CFO in 1985. Subsequent to the merger of The Price Company and Costco in 1993 to form PriceCostco, Mr. Galanti became Executive Vice President and CFO, a position he continues to hold today. Previously, Mr. Galanti was in investment banking with Donaldson, Lufkin & Jenrette Securities Corporation, New York, where he provided a variety of financial-related services to both public and private corporate clients. Mr. Galanti received his MBA from the Stanford University Graduate School of Business and his B.S. in economics from The Wharton School, University of Pennsylvania. Profile
TWST: Could you provide our readers with an overview of Costco?

Mr. Galanti: Costco began operations in 1976 in San Diego as The Price

Company, which pioneered the membership warehouse club