Retiring CEO of Costco takes a look back on his legacy

On New Year’s Eve, Costco Wholesale co-founder Jim Sinegal will step down as CEO. He will hand off the job he loves and his open-walled office to Craig Jelinek, a veteran Costco executive whom Sinegal considers “almost a founder.” He will turn 76 on New Year’s Day and stay for a yearlong transition before retiring to just the board of directors.

As Sinegal’s days of wearing the silver ID badge reserved for 25-year employees wane, he talks about how it all started, companies staying true to themselves and why he was willing to spend $19 million to kick the state out of the liquor business.

Read the rest of his interview (as posted by The Seattle Times)