Richard M. Libenson

Founder at The Price Co.

Richard M. Libenson

Richard M. Libenson

Founder at The Price Co.

Biography

Richard M. Libenson has been a director of the Company since October 1993. He was a director of The Price Company from its formation in 1976 until October 1993 and was an executive officer of The Price Company from 1976 until October 1989, when he retired from active involvement as an officer of The Price Company. He served as Chief Operating Officer of The Price Company from August 1986 through October 1988, and Vice Chairman of its Board from October 1988 through September 1989.

Overview
Career Highlights

The Price Cos., Inc.
The Price Co.

RelSci Relationships

582

Number of Boards

3

Birthday

1943

Age

76

Relationships
RelSci Relationships are individuals Richard M. Libenson likely has professional access to. A relationship does not necessarily indicate a personal connection.

President & Chief Executive Officer at Costco Wholesale Corporation

Relationship likelihood: Strong

Executive Vice President & Chief Financial Officer at Costco Wholesale Corporation

Relationship likelihood: Strong

President & Chief Executive Officer at Rady Children's Hospital Foundation - San Diego

Relationship likelihood: Strong

Senior Vice President Executive Director, Rady Children's Hospital Foundation at Rady Children's Hospital - San Diego

Relationship likelihood: Strong

Co-Founder at Costco Wholesale Corporation

Relationship likelihood: Strong

Senior Vice President & Chief Financial Officer at Rady Children's Hospital - San Diego

Relationship likelihood: Strong

Former Vice President, Legal & Real Estate & General Counsel at Costco Wholesale Corporation

Relationship likelihood: Strong

General Partner at Ecr4kids LP

Relationship likelihood: Strong

Senior Vice President, General Manager-Texas Region at Costco Wholesale Corporation

Relationship likelihood: Strong

Founder at PriceSmart, Inc.

Relationship likelihood: Strong

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Richard M. Libenson
Founder at The Price Co.
Career History
Consultant
1993 - Current

What Is Costco? We are a membership warehouse club, dedicated to bringing our members the best possible prices on quality brand-name merchandise. With hundreds of locations worldwide, Costco provides a wide selection of merchandise, plus the convenience of specialty departments and exclusive member services, all designed to make your shopping experience a pleasurable one. The History of Costco The company's first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego. Originally serving only small businesses, the company found it could achieve far greater buying clout by also serving a selected audience of non-business members. With that change, the growth of the warehouse club industry was off and running. In 1983, the first Costco warehouse location was opened in Seattle. Costco became the first company ever to grow from zero to $3 billion in sales in less than six years. When Costco and Price Club merged in 1993, the combined company, operating under the name PriceCostco, had 206 locations generating $16 billion in annual sales. Our operating philosophy has been simple. Keep costs down and pass the savings on to our members. Our large membership base and tremendous buying power, combined with our never-ending quest for efficiency, result in the best possible prices for our members. Since resuming the Costco name in 1997, the company has grown worldwide with total sales in recent fiscal years exceeding $64 billion

Founder
1976 - Current

The Price Co. is a private company headquartered in the United States that provides retirement plan administrator services. The firm was founded by Giles H. Bateman and Richard M. Libenson.

Chief Executive Officer
1976 - 1993

The Price Cos., Inc. provides wood processing services. It provides design, finance, build, operate, trucking, wood handling services to pulp mill wood yards. The company was founded by John Porter Price and is headquartered in Monticello, AR.

Boards & Committees
Director
1976 - 1989
Public Holdings
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Other Affiliations
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