Howard D. Schultz

Jeff Brotman, Costco's co-founder and board chairman, dies at 74

Jeff Brotman, Costco's co-founder and board chairman, dies at 74

Jeff Brotman, who co-founded retail giant Costco and was the chairman of its board of directors, has died at his home outside Seattle.

Costco Wholesale Corp. said Brotman died early Tuesday at 74. The cause of death was immediately known.

Brotman had attended a dinner in Seattle for about 2,000 Costco managers from around the world the evening before his death, the Seattle Times reported.

"The thoughts of Costco's board, management and employees are with Jeff's wife and family," the company said.

Brotman opened Costco's first warehouse with Jim Sinegal in 1983 in Seattle.

Months earlier, Brotman had met venture capitalist Fred Paulsell on a flight...

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