Jeff Raikes joins Costco board |
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Jeff Raikes joins Costco board
© Bill and Melinda Gates Foundation
Jeff Raikes (Gates Foundation photo)
What does a software guy know about selling bulk laundry detergent and 50" plasma TVs?
We will soon find out as Jeff Raikes, who spent more than 25 years in executive roles at Microsoft, including a stint leading the company's business division, has joined the board of Issaquah discount retailer Costco. The position at one of Washington's largest employers is just one of many new challenges for Raikes, who took on the CEO role at the Bill and Melinda Gates Foundation in September.
"We are very pleased to welcome Jeff as a new member of our Board. Not only does Jeff bring over twenty-five years of private sector experience, he also brings his reputation as a trusted and respected leader," said Costco Chairman Jeff Brotman in a press release.
Costco operates 550 warehouse stores throughout the world.
A Nebraska native, Raikes certainly has a number of interests. In addition to running the Gates Foundation, he also is an active philanthropist and part owner in the Seattle Mariners and the Alderbrook Spa and Resort on the Hood Canal.
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