Costco Wholesale Corp (NASDAQ:COST), the $446 billion retail giant currently trading near its 52-week high of $1,008, disclosed the retirement of Richard Galanti, who served as the company's Executive ...

Several Costco executives are members of a group that calls for racial quotas in their workforce and other DEI measures.

Richard Galanti retired from the warehouse club on Jan. 30, after pivoting to an advisory role following his departure from ...

"The term DEI didn’t even exist to us, it was the way we ran our business… it’s who we are," former Costco International ...

“It’s a big shift,” Alan Bubitz, Costco’s VP of food services, told BevNET at the time. “They’re the only vendor we’ve ever had for the majority of the business locations.

As of now, Costco has not publicly named a successor for Galanti's position on the Board of Directors or as Executive Vice President. His departure marks the end of a significant chapter in Costco ...

“He’s still here today cleaning out his desk,” said David Sherwood, vice president, financial planning and investor relations at Costco. Sherwood described Galanti as an executive who was ...