Costco Wholesale (COST) executive compensation, 2025 proxy

Ron M. Vachris, Chief Executive Officer, President and Director, was paid $13.9M in 2025, up 14% from $12.2M the year before. The CEO-to-median-employee pay ratio was 283:1, on median employee pay of $49,186.

Filed
December 4, 2025
Annual meeting
January 15, 2026
Pay year
2025
Named executives
6
CEO total pay
$13.9M+14% vs prior year
CEO to median employee
283:1median $49,186
CEO pay in equity
86%$12M in awards
CEO Total Compensation
$13.9MFiscal 2025
CEO Stock Awards
$12.0MFiscal 2025
Median Employee Pay
$49,186Worldwide employees
CEO Pay Ratio
283:1Standard SEC calculation
Full-Time Pay Ratio
210:1Supplemental calculation

How Vachris was paid

$13.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards86%Non-equity incentive4%Pension and deferred comp0%All other compensation0%

Named executive officers

ExecutiveTotal
Ron M. VachrisChief Executive Officer, President and Director$13,932,597
Gary MillerchipExecutive Vice President, Chief Financial Officer$6,770,513
Russ D. MillerSenior Executive Vice President, COO - U.S. and Mexico Operations$5,181,678
Pierre RielExecutive Vice President, COO - International Division$5,287,017
Javier PolitExecutive Vice President, Chief Information and Digital Officer$7,508,209
Richard A. GalantiFormer Executive Vice President$6,504,736

What changed and why

  • $13.9MCEO Ron M. Vachris total compensation increased to $13,932,597 in fiscal 2025.
  • $12MCEO stock awards totaled $12,036,800 based on grant-date fair values of performance and time-based RSUs.
  • $600KNon-equity incentive plan compensation for the CEO was set at $600,000 for fiscal 2025.
  • The CEO to median employee pay ratio was reported as 283:1 based on worldwide employees.
  • A supplemental pay ratio including only full-time employees resulted in a ratio of 210:1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.