Overview
- Costco disclosed the nomination as part of a board refreshment process and said Raimondo was identified through Chairman Hamilton (Tony) James.
- The retailer’s lawsuit seeks immediate refunds of tariffs paid this year and an order blocking further collections under the International Emergency Economic Powers Act.
- The U.S. Court of International Trade has consolidated Costco’s case with similar suits brought by 19 other companies.
- Shareholders are set to vote on Raimondo’s election at Costco’s Jan. 15 meeting, and the company notes such nominations typically pass by wide margins.
- Raimondo, who led the Commerce Department from 2021 to 2025, has recently criticized large and frequently changing tariffs in public remarks.