In reporting on the nation’s health and prospects during the State of the Union Address, President Barack Obama cited Costco as an example of a model American company. At Bentley University’s 23rd Raytheon Lecture in Business Ethics, Costco’s co-founder and former CEO, Jim Sinegal, will reflect on the wholesale giant’s journey to become one of the most respected companies in the United States, and the evolving role of ethics in shaping the company’s development. The lecture will be presented on Thursday, March 26, at 3:30 p.m. in the Wilder Pavilion, Adamian Academic Center.
Under the leadership of Sinegal, Costco grew from a converted airplane hanger in San Diego to a global corporation with revenues over $110 billion. Costco has distinguished itself for the quality of its products, outstanding customer service, and highly loyal workforce.
Sinegal was named one of BusinessWeek’s “Best Managers” in 2003, and from 2006 to 2011 he was selected as one of the 30 most respected CEO’s by Barron’s Magazine. Sinegal led the company for almost three decades until he retired at the end of 2014, although he continues to serve as a company advisor.
The Raytheon Lecture is presented by the Center for Business Ethics (CBE) at Bentley with the generous support of the Raytheon Company. For more information, please contact Mary Chiasson, mchiasson@bentley.edu.
The Raytheon Company is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 92 years, Raytheon employs 61,000 people worldwide and had annual sales of $22.8 billion in 2014.