
Costco Announces Leadership Transition: Russ Miller to Retire, Caton Frates Appointed Senior Executive Vice President

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Costco Wholesale Corporation has announced a leadership transition effective February 2026. Russ Miller, the Senior Executive Vice President and COO for U.S. and Mexico Operations, will retire, and Caton Frates, currently the Executive Vice President and COO for the Southwest Division, will take over as Senior Executive Vice President for Warehouse Operations in the U.S. and Mexico.
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