other
confidence high
sentiment neutral
materiality 0.20
Costco sets FY2025 executive bonus: CEO up to $700K, other execs up to $232K
COSTCO WHOLESALE CORP /NEW
- CEO bonus of $700K includes $250K sales target, $250K pre-tax income target (0-120% payout), and $100K ESG metrics.
- Other execs (excl. CEO and President) eligible for $232K: $80K sales, $80K pre-tax income, $40K ESG (quantitative & discretionary).
- Quantitative ESG metrics cover diversity, resource consumption, and emissions; discretionary ESG assessed by CEO.
- Bonus payments require employment through November 2025 payout date and approval by Compensation and Governance Committees.
- Base bonus targets are exclusive of foreign currency changes; final amounts subject to committee approval.