Costco's Richard Galanti Retires – Gary Millerchip Is New CFO

Costco wholesale storefront in Kaohsiung, Taiwan.gettyCostco announced that Richard Galanti (67), a 40-year CFO of the company is stepping down effective March 15. He will be replaced by Gary Millerchip (49), who is now senior vice president and Chief Financial Officer of the Kroger KR Company. He held that position for the past 15 years, which was preceded by 20 years in banking.Galanti joined Costco in 1984, and will remain with the company through January 2025 to assist in the transition and he will cont ...