James Sinegal

American businessman

James Sinegal is an American billionaire businessman and co-founder of Costco Wholesale Corporation. As CEO, he was known for his hands-on, humanitarian approach, prioritizing customer and employee satisfaction over shareholder interests. Sinegal is also recognized for his philanthropic efforts.

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About the James Sinegal

James D. Sinegalis an American billionaire businessman and cofounder and former CEO of the Costco Wholesale Corporation, an international retail chain. He served as Costco’s president and CEO from 1983 until 2011. As CEO of Costco, Sinegal was known for his hands-on humanitarian approach to business, which he learned from his mentor, Sol Price. He prioritized customer and employee satisfaction over shareholder interests and is also known for his philanthropic efforts.

Frequently Asked Questions

James D. Sinegal is an American billionaire businessman and co-founder and former CEO of the Costco Wholesale Corporation, an international retail chain.

James Sinegal was born on January 1, 1936.

James Sinegal served as Costco’s president and CEO from 1983 until 2011.

As CEO of Costco, James Sinegal was known for his hands-on, humanitarian approach to business, which he learned from his mentor, Sol Price. He prioritized customer and employee satisfaction over shareholder interests.

James Sinegal is also known for his philanthropic efforts.

13 Quotes by James Sinegal

  1. 1.

    In the final analysis, you get what you pay for.

    James Sinegal

    American businessman

  2. 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

    American businessman

  3. 3.

    It doesn’t do Costco any good if nobody can afford to buy anything.

    James Sinegal

    American businessman

  4. 4.

    One of the strengths of our nation has always been a strong middle class who could afford their own homes and send their children to school.

    James Sinegal

    American businessman

  5. 5.

    We’ve always been in favor of improved wages for workers. When you have a strong middle class, they want to buy more stuff at Costco.

    James Sinegal

    American businessman

  6. 6.

    We always strive to be the best in the wage package.

    James Sinegal

    American businessman

  7. 7.

    You just can’t get too focused on worrying about what’s going to happen in the next quarter. You have to worry about where the business is headed long-term.

    James Sinegal

    American businessman

  8. 8.

    We would rather have our employees running our business.

    James Sinegal

    American businessman

  9. 9.

    We are a company that promotes 100% within the company.

    James Sinegal

    American businessman

  10. 10.

    We want to turn our inventory faster than our people.

    James Sinegal

    American businessman

  11. 11.

    You destroy the initiative of the working people if they don’t feel they have a fighting chance to be a part of the American Dream.

    James Sinegal

    American businessman

  12. 12.

    When employees are happy, they are your very best ambassadors.

    James Sinegal

    American businessman

  13. 13.

    You don’t have a very motivated working class, it starts to affect the dynamics of the economy. If workers are disenchanted and disenfranchised, productivity losses will go along with that.

    James Sinegal

    American businessman