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Costco CEO Gets Call From President Obama

The president made the call in the spirit of business outreach.

Craig Jelinek, president and chief executive officer of Costco Wholesale Corp., got a call from President Barack Obama on Saturday — and he didn’t ask Obama to pardon his parking tickets. Instead, Jelinek told the president, who made the call in the spirit of business outreach, that he supported “efforts to reach a compromise with Congress before the end of the year that avoids any tax increase on middle class taxpayers.” Jelinek added, “I encouraged the President to continue working with Congressional leadership to find a balanced solution to the deficit that will avoid middle class tax increases. It is imperative that both sides of the aisle compromise…to eliminate uncertainty, and allow for continued economic recovery.” Costco employs over 115,000 workers in the United States and operates 447 out of its 617 warehouses in the country.