Costco Wholesale Corporation Election of New Chairman

Costco Wholesale Corporation announced that Hamilton E. (Tony) James has been elected as the Chairman of the Board of Directors.  He is President, Chief Operating Officer of The Blackstone Group L.P., and a member of the board of directors of its general partner, Blackstone Group Management L.L.C. He is also a member of Blackstone’s Management Committee and sits on each of the firm’s investment committees.  Tony has been a director of Costco Wholesale since August 1988 and was its Lead Independent Director since 2005.

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