Costco Stock Dips 1.25% Amid Leadership Shakeup and New Member Perks, Trading Volume Ranks 35th

On June 13, 2025, Costco Wholesale Corporation (COST) experienced a decline of 1.25% in its stock price, with a trading volume of 17.68 billion, ranking 35th in the day's market activity.

Costco Wholesale Corporation recently announced a significant leadership change with the appointment of a new Senior Vice President. This move is part of the company's ongoing efforts to strengthen its management team and drive future growth.

In addition to the leadership change, Costco has introduced a series of new perks for its 'Executive Members,' aimed at enhancing member satisfaction and loyalty. These perks are expected to attract more high-value customers and boost membership renewals.

Richard Galanti, who served as the Executive Vice President and Chief Financial Officer of Costco until his retirement in January 2025, has been appointed to the Board of Affirm Holdings, Inc. as a Class II director, effective July 1, 2025. Galanti's extensive experience and financial acumen are expected to bring valuable insights to the board.