Costco CFO Richard Galanti to step down after nearly 4 decades as finance chief

Core Insights - Costco CFO Richard Galanti announced plans to step down after nearly 40 years in the role, with Gary Millerchip, the former Kroger finance chief, set to take over on March 15 [1] - Galanti has been a prominent figure during quarterly earnings calls, sharing notable sales figures, including over 4 million pie sales in the days before Thanksgiving and $100 million in gold bar sales in the last quarter [1] - Costco had 129.5 million cardholders at the end of November, and Galanti has indicated that an increase in membership fees is anticipated in the future [1] Company Leadership - CEO Ron Vachris, who began leading Costco last month, expressed gratitude to Galanti for his significant contributions to the company's success and noted his respect among shareholders and employees [2]