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Ron Vachris is the third CEO in Costco’s history and a company lifer who is now pushing the wholesale club to higher revenues. During his 40+ years at Costco, Vachris rose from teenage forklift driver ...

Greetings, readers. I’m Phil Wahba, senior writer on Fortune's leadership beat. Conventional wisdom in the business world holds that a company lifer can be a risky choice as a new CEO. Such a person ...

When Ron Vachris began working as a forklift driver for Costco's predecessor in 1982, he probably didn't expect to be running the company four decades later. Back then, aged around 18, he was likely ...

At No. 12 on the Fortune 500, Costco is led by CEO Ron Vachris who has been at the company for more than 40 years.

Costco CEO Ron Vachris received a total compensation package worth $12.2 million this year, including a complimentary ...

This as-told-to essay is based on a conversation with a Chicago-area Costco forklift driver who requested anonymity as they are not authorized to speak with the media. Business Insider verified their ...