Costco Wholesale Corporation Announces New Board Member

Rhea-AI Summary

Costco announces the election of Helena Buonanno Foulkes to its Board of Directors. Foulkes brings extensive experience in retail, healthcare, and education. Costco currently operates 858 warehouses worldwide and has e-commerce sites in multiple countries.

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• Costco welcomes Helena Buonanno Foulkes to its Board of Directors, recognizing her as a leading retail executive and advocate for education. Her expertise in healthcare and experience as a board member of prominent companies could positively impact Costco's growth and strategy.

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• None.

ISSAQUAH, Wash., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced the election to its Board of Directors of Helena Buonanno Foulkes. Most recently, Ms. Foulkes was CEO of Hudson’s Bay Company. Previously she spent 25 years at CVS Health, including as President of CVS Pharmacy and Executive Vice President of CVS Health. Ms. Foulkes is also a member of the boards of directors of Follett Higher Education, PM Pediatrics, Harry’s Inc., and Skillsoft. She recently completed a term as President of Harvard University’s Board of Overseers.

Hamilton (Tony) James, Chairman of the Board, stated: “We are very pleased to welcome Helena as a member of our Board. She is widely recognized as a leading retail executive and advocate for education. She also brings substantial experience in healthcare and as a board member of prominent companies. We look forward to her contributions.”

Costco currently operates 858 warehouses, including 590 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 32 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, four each in China and Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan and Australia.

CONTACTS: Costco Wholesale Corporation
Richard Galanti, 425/313-8203
David Sherwood, 425/313-8239
Josh Dahmen, 425/313-8254

FAQ

Who is Helena Buonanno Foulkes?

Helena Buonanno Foulkes is the newly elected member of Costco's Board of Directors. She has a background in retail, healthcare, and education.

How many warehouses does Costco currently operate?

Costco operates 858 warehouses worldwide, including 590 in the United States and Puerto Rico.

In how many countries does Costco have e-commerce sites?

Costco has e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia.