James D. Sinegal is co-founder and former CEO of Costco, an international retail chain. After he started as a bagger at FedMart in 1954 he found he loved retailing. At FedMart, he worked his way up to executive vice president in charge of merchandising and operations. He was a vice president of merchandising for Builders Emporium 1977-1978, and an executive vice president for the Price Company 1978-1979. From 1979-1983 he worked with Sinegal/Chamberlain and Associates, a company which acted as a broker and sales representative for food and non-food products. Together with Seattle retailer Jeff Brotman, he co-founded Costco and from 1983 he has been President and CEO of Costco. His innovations made Costco the first warehouse club to include fresh food, eye-care clinics, pharmacies, and gas stations.
Brotman was an ownership group that committed to investing $150 million of a $300 million renovation of Key Arena, in Seattle and to purchase the Seattle SuperSonics sports team.
In 2009, Mr. Sinegal was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.
Birthday: January 1, 1936
King of Spades Life Path: 21/3 Attitude: 2
“If we take care of the business and keep our eye on the goal line, the stock price will take care of itself.” - James Sinegal
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