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Story perspectives

Costco CEO Stands Firm on DEI Amid Trump's Opposition

2/8/2026

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Story summary
  • Ron Vachris, Costco's appointed chief executive officer, publicly opposed U.S. President Donald Trump's diversity, equity, and inclusion (DEI) policies.
  • He began at Costco as a forklift driver in 1982 and stresses humility and retention.
  • Under his leadership, Costco kept its DEI initiatives and over 98% of shareholders supported its DEI stance, while competitors scaled back.
  • Costco sued the Trump administration over tariffs, a move analysts say reflected strong customer loyalty.