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Costco said on June 10, 2025 that Dan Hines will retire as Senior Vice President, Corporate Controller, and Principal Accounting Officer, effective June 30. He will remain a Senior Vice President until his retirement in January 2026, after 35 years of service.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Costco said on June 10, 2025 that Dan Hines will retire as Senior Vice President, Corporate Controller, and Principal Accounting Officer, effective June 30. He will remain a Senior Vice President until his retirement in January 2026, after 35 years of service.

  2. The company said it appointed Tiffany Barbre, 51, as Senior Vice President, Corporate Controller and Principal Accounting Officer, effective July 1, 2025.

  3. The company said Barbre joined Costco in 2005 and was promoted to Assistant Vice President in June 2010. She was promoted to her current role as Vice President, Assistant Corporate Controller in 2016. Barbre holds a B.A. in Accounting from Washington State University and began her career as an auditor with Arthur Andersen LLP.

  4. Costco said Barbre will receive an annual base salary of $340,000, eligibility for an annual cash incentive bonus of $100,000 under the fiscal 2025 Executive Bonus Plan, prorated for 2 months of service, and eligibility for annual restricted stock unit grants with an estimated target value of $2 million for fiscal 2026.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Dan Hines Retirement Timing

Costco said on June 10, 2025 that Dan Hines will retire as Senior Vice President, Corporate Controller, and Principal Accounting Officer, effective June 30. He will remain a Senior Vice President until his retirement in January 2026, after 35 years of service.

Source · Based on the filing body and exhibits

Tiffany Barbre Named Corporate Controller

The company said it appointed Tiffany Barbre, 51, as Senior Vice President, Corporate Controller and Principal Accounting Officer, effective July 1, 2025.

Source · Based on the filing body and exhibits

Tiffany Barbre Career Background

The company said Barbre joined Costco in 2005 and was promoted to Assistant Vice President in June 2010. She was promoted to her current role as Vice President, Assistant Corporate Controller in 2016. Barbre holds a B.A. in Accounting from Washington State University and began her career as an auditor with Arthur Andersen LLP.

Source · Based on the filing body and exhibits

New Controller Compensation Terms

Costco said Barbre will receive an annual base salary of $340,000, eligibility for an annual cash incentive bonus of $100,000 under the fiscal 2025 Executive Bonus Plan, prorated for 2 months of service, and eligibility for annual restricted stock unit grants with an estimated target value of $2 million for fiscal 2026.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.