Costco CFO to speak at Dec. 1 Mercer Island Chamber lunch | Business briefs

Costco CFO Richard Galanti

Business news in Mercer Island.

Reserve your spot for Chamber luncheon

Richard Galanti, CFO of Costco Wholesale, will be the featured speaker at the next Chamber of Commerce luncheon, to be held at noon Dec. 1 at the Community and Event Center.

Galanti has been a part of Costco since its very beginning in the early 1980s; first as a broker helping the company with a $7.5 million funding deal, and shortly after as its CFO. The frank, personable executive puts a premium on being approachable to the public and employees and cultivating a “jerk-free” work culture.

Costco, a worldwide retail chain and Washington’s largest public company by revenue in 2015, has more than $112.4 billion in sales.

The luncheon cost is $15 for members and $20 for non-members and members without reservations. The deadline for reservations is 9 a.m. on Nov. 29. Call the chamber office at 206-232-3404 to reserve your space and to pay by credit card. You can also email your reservation to info@mercerislandchamberofcommerce.org.

The chamber will also give out its Business of the Year award at this luncheon.

MI Athletic Club launches MYZONE

MI Athletic Club (MIAC) will soon bring the MYZONE fitness effort tracker to the Island, “the first and only fitness facility on Mercer Island offering this cutting edge technology,” said owner Ginny Pietila.

The difference between MYZONE and other in-studio effort tracking systems is that MYZONE works not only inside of MIAC, but everywhere the user is working out, Pietila said. If someone with a MIAC registered MYZONE strap hikes to the top of Mount Si or runs the Mercer Island Half Marathon, those efforts are recorded, along with any and all of their training inside of MIAC.

MIAC’s personal trainers will be able to give their clients specific structure for what they would like them to be doing outside of their sessions together, then the two can connect via the social share on the MYZONE app to ensure that everyone is on track.

Any members utilizing MIAC’s facility as their home gym will be able to track their progress and effort via the monitor that is in the weight room, as MIAC has installed two additional monitors in the studio. As MYZONE users progress through their workouts, they earn MYZONE Effort Points (MEPs).

“We will be introducing MEP challenges and awards as the months go by,” Pietila said.

Coldwell Banker Bain to sponsor Toys for Tots

The Mercer Island office of Coldwell Banker Bain is sponsoring a Toys for Tots drive, starting Thanksgiving week. Donate new, unwrapped toys until Sunday, Dec. 11.

The office is on the northwest corner of Southeast 28th Street and 78th Avenue Southeast, across from QFC.