Costco Wholesale Corporation Announces New Board Member
March 20 2017 - 5:34PM
Costco Wholesale Corporation (“Costco” or the “Company”)
(NASDAQ:COST) today announced the election to its Board of
Directors of Kenneth D. Denman. Most recently, Ken was the
president and chief executive officer of Emotient, Inc., which
built an artificial-intelligence based platform for measuring
facial expressions to predict emotions. Emotient was acquired by
Apple in January 2016. Previously he was the chief executive
officer at Openwave Systems, Inc. (since renamed Unwired Planet)
and iPass, Inc. He is also a member of the boards of directors of
Mitek, Inc., Motorola Solutions, Inc., and ShoreTel, Inc.
Jeff Brotman, Chairman of the Board, stated: “We
are very pleased to welcome Ken as a member of our Board. He is
widely recognized as a pioneer and leader in technology. He brings
substantial experience as a seasoned entrepreneur and chief
executive and as a board member of prominent companies.”
Costco currently operates 728 warehouses, including
508 in the United States and Puerto Rico, 94 in Canada, 37 in
Mexico, 28 in the United Kingdom, 25 in Japan, 13 in Korea, 13 in
Taiwan, eight in Australia and two in Spain. Costco also operates
electronic commerce web sites in the U.S., Canada, the United
Kingdom, Mexico, Korea and Taiwan.
CONTACTS:
Costco Wholesale Corporation
Richard Galanti, 425/313-8203
Bob Nelson, 425/313-8255
David Sherwood, 425/313-8239
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