Costco Co-Founder Dies
August 2, 2017,
ISSAQUAH, Wash.—Jeff Brotman, co-founder and chairman of the board of Costco, died early yesterday morning. He was 74.
Brotman’s death was unexpected and its cause unknown, Michel Brotman, Jeff Brotman’s brother, told the Seattle Times. Costco co-founder and former CEO Jim Sinegal told the Times Brotman had attended a dinner for about 2,000 Costco warehouse managers gathered at the Washington State Convention Center on Monday evening, and Brotman’s death was “a complete shock for everyone.”
Costco, ranked fifth on HFN’s Top 50 Home Retailers list, with an estimated $5.6 billion in home furnishings sales in 2016, operates 736 stores worldwide. Brotman was an integral part of selecting sites for new ones, according to Sinegal.
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