Energy Buyer, Costco Wholesale
Shay Reed manages the energy purchasing and analytics strategy for Costco Wholesale, a $100 billion Fortune 50 company. She brings over two decades of expertise to her leadership role, having held numerous of managerial and frontline positions with Costco.
In her current capacity, she oversees the $350M in energy costs for the 606 Costco Wholesale sites in the United States, Canada and Australia. Her expertise in energy has resulted millions of dollars of cost savings for Costco Wholesale, ranging from new construction cost avoidance of approximately $1M yearly for the past four years, recovery from billing errors anywhere from $150k annually and $100K on rate audits.
Her expertise in sustainable energy has helped Costco emerge as a corporate leader in this area, with renewable energy credits (RECS) management increasing by double digits annually for the past 3 years.