Video: Costco CEO Jim Sinegal on His Biggest Weakness
By
Mac Greer
September 24, 2009
|
Costco's (Nasdaq: COST) Jim Sinegal is not your typical CEO. He spends the majority of his time visiting his stores, not in his office. He deals with customer complaints directly. And he gets criticized on Wall Street for being too generous to his employees. (Sinegal says that Costco’s decision to pay its workers more than Wal-Mart (NYSE: WMT) is good business, not altruism.)
When he stopped by FoolHQ in July, we asked Whole Foods (Nasdaq: WFMI) CEO John Mackey what his biggest weakness was. When Sinegal was here, we put the same question to him.
Coming Friday: Sinegal talks mattress mishaps, cake baking, and customer satisfaction.
Listen to the entire audio interview of our conversation with Costco Jim Sinegal at www.motleyfoolconversations.com, or subscribe through iTunes.
See the first part of our interview with Jim Sinegal here!
“The Death of the Euro!”…Greece may seem worlds away, but be warned. What happens there next could reshape global finance and rattle your portfolio. On Mar. 22, The Motley Fool’s Tim Hanson heads to Greece to get the story. Follow in real time and hear how best to profit from this historic development (Hanson returned from China in July with a stock that’s up 117%!). Enter email below.
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