Staggering bonuses given to Costco executives for hitting DEI targets
Staggering bonuses given to Costco executives for hitting DEI targets
Costco dished out huge bonuses to executives who hit 'metrics concerning diversity', a report has revealed. Top bosses raked in a total of at least $217,333 between 2021 and 2024 for achieving social and environmental goals, according to a study by Fox Digital. In 2023, then-CEO Craig Jelinek was given $100,000 for achieving the necessary goals, a proxy statement showed. Current CEO Ron Vachris scooped a $93,333 bonus last year, while other executives were handed $24,000 each for meeting their aims.
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