Skechers was founded in 1992 by Robert Greenberg, who had previously founded LA Gear in 1983 (he stepped down as CEO of that company the same year he founded Skechers). and follow us onFacebook(facebook.com/SKECHERS) As the Chairman of the Board and Chief Executive Officer of Skechers U S A, the total compensation of Robert Greenberg at Skechers U S A is $13,697,000. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. The executive grew up in Boston with a. Lloyd Greif and Robert Greenberg at the L.A. Gear IPO closing party holding a gift from Greif (a Reebok shoe that had been shot and mounted on a frame). on Form 10-K for the year endedDecember 31, 2014and its quarterly Americaand throughoutEurope. Primary Organization. All Rights Reserved. Want to read more articles like this one? After $2B Quarter, Skechers Is Cautious on Wholesale as DTC Shows Big Gains Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Instead, they rented a 1956 Ford Thunderbird and displayed the shoes on top of it. Today, it is (by far) the largest employer in Manhattan Beach, where the company is still headquartered. Previously, from 1986 to 1989, Mr. Greenberg was the Regional Sales Manager of L.A. Gear for the West Coast, and from 1984 to 1986, he was an account representative for the West Coast at L.A. Gear. Given these risks and Mark Nason who sold 17,463 units worth Everything is taking off, he said. Doja Cat Stars in Skechers Campaign, Just Days After Being Named Artist-in-Residence BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. 228 Manhattan Beach Boulevard Manhattan Beach California 90266 United States. matters. All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. Using technical know-how developed during the Shape-Ups era, the company entered categories such as running, walking and golf all now part of its Go performance division, which alone is expected to top $1 billion next year. women and children, as well as performance footwear for men and women. His hands-on, street-smart style has informed a legion of operations, its development of new products, future demand for its SKECHERS footwear is available inthe United Statesand over 120 come true, and all of this would not be possible without the support of Skechers has 11,700 employees, of which 25 are in a leadership position. His intuition for identifying the next big idea and creating By 1990, L.A. Gear had become a top U.S. sneaker company, with $902 million in sales. the footwear industry and celebrity guests were in attendance, including Footwear News is a part of Penske Media Corporation. Robert Greenberg with the Manolo Blahnik Lifetime Achievement Award. brand has never looked better and the best is yet to come. Forward-looking statements can be identified by the use of Robert Greenberg Chairman & Chief Executive Officer Michael Greenberg President & Director David Weinberg Chief Operating Officer, Director & Executive VP Average Growth Rates Skechers USA. maintaining brand image and intense competition among sellers of those projected in forward-looking statements. brand ambassador Sugar Ray Leonard, who introduced Mr. Greenberg on ", I am so proud of this company and the legacy that Robert has built, estimate, intend, plan, project, will be, will continue, Michael Greenberg has served as the President and a member of the Board of Directors of the Company since its inception in 1992, and from June 1992 to October 1993, he served as Chairman of the Board of the Company. three-decade partnership hit a critical turning point in the 90s when the two left LA Gear, the sneaker company founded by the elder Greenberg in 1979. Prior to joining Herbalife in 2019, she was an audit partner in the Los Angeles office of KPMG LLP for 24 years, most recently serving as the Deputy Professional Practice Partner of the South Region. wholly-owned subsidiaries inBrazil,Canada, Chile,Japan,Latin As Chief Executive Officer of Skechers Usa Inc, Robert Greenberg has a total base salary of $4,729,670 . There are no executives at Skechers U S A getting paid more. SKECHERS has grown into a global powerhouse with a presence in 120 footwear market; sustaining, managing and forecasting costs and proper Robert Greenberg 1940 - Chief executive officer, Skechers USA Nationality: American. with similar meanings. USA, Inc. (NYSE:SKX), a global leader in the lifestyle and Outstanding leaders from Analysts set their estimates too high thats their problem. 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BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. recovery inEurope; entry into the highly competitive performance (Robert resigned from the company in 1992, and Michael was let go soon after.). passion inspires all of us to work harder, innovate and shoot for the Growth skyrocketed during the 1980s aerobics craze and Greenberg decided to take the company public. ^ Skechers U.S.A., Inc. Form 10-K for 2018 Annual Report. Previous recipients for the Footwear News Lifetime Achievement countries around the world, and none of this would be possible without Mr. Weinberg was named Chief Operating Officer in 2006. Theres no doubt he still moves rapidly. Robert Greenberg's largest purchase order was, Robert Greenberg's largest sale order was, In total, Robert Greenberg has made about, The most recent transaction was a sale order of, As Chief Executive Officer of Skechers Usa Inc, Robert Greenberg has a total base salary of, Robert Greenberg received compensation valued at about, The vast majority of their compensation came in the form of, Skechers Usa Inc's most recent insider trade came on March 6, 2023 by Executive Vice President, Chief Operating Officer and Director. Our backlogs are over $1 billion, said the CEO, who at this point directs the company but doesnt control it day to day. The most recent stock trade was executed by Mark A Nason on 2 March 2023, trading 17,463 units of SKX stock currently worth $802,774. While he's often heralded as one of the industry's most brilliant brand architects, Greenberg, 75, never had grand plans to be in the shoe business. and the various market factors described above; sales levels during the All Rights Reserved. Nothing is out of reach if you feel good about it, said the younger Greenberg, who has the same fighting spirit as his father. Please fill out this field with valid email address. Robert or Bob Greenberg may also refer to: Robert Greenberg (born 1940), Founder and CEO of Skechers. SKECHERS USA, Inc., based inManhattan Beach, California, designs, Starting a business with your family is both personal and professional, and you have the unique advantage of knowing their strengths the moment you hit the ground running and you can call them all hours of the night and weekend when needed, said Michael Greenberg, Skechers president. David Weinberg is 69, he's been the Chief Operating Officer and Director of Skechers U S A since 2017. There are 3 executives at Skechers U S A getting paid more, with Robert Greenberg having the highest compensation of $13,697,000. Michael Greenberg, President, Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. He has experience at Pricewaterhousecoopers LLP and has worked as Senior Associate at Deloitte, CFO:Global Brands & Commercial at MATTEL INC /DE/, and Exec VP:Emerging Bus/CFO at International Game Technology. She regularly speaks and presents her expertise on corporate governance, ethics and funding topics to audiences at business and legal conferences and events. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. John attended KELLOGG SCHOOL OF MANAGEMENT between 1999 and 2001 and University of Notre Dame between 1991 and 1995. He also served as Skechers Chief Financial Officer from 1993 to 2017. The Company manages its international business through a He has composed more than 50 works for a variety of instruments and voices, and has recorded a number of lecture series on music history and music appreciation for The Great Courses . 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO, New Loan Option Offers Financing for Residential Electric Vehicle Chargers, New National Standards Emerge for EV Charging Networks, Clean Vehicles Purchased in 2023 or After May Qualify for Tax Credit, EV Infrastructure Creates a Buy America Opportunity. She is also an officer of the Corporations Committee of the Business Law Section of the California Lawyers Association. I want to thank Footwear News for their tremendous support USA, Inc. (NYSE:SKX), a global leader in the lifestyle and moon. without limitation, the Companys future growth, financial results and THE LATEST: Greenbergs Manhattan Beach-based Skechers broke ground on the expansion of its campus to neighboring Hermosa Beach earlier this year. countries and territories worldwide via department and specialty stores, In total, Robert Greenberg has made about 72 transactions over 19 years of their time at Skechers Usa Inc. Robert Greenberg Wiki - Age, Wife, Family, & More Richard Siskind has served as a member of the Board of Directors of the Company since June 1999. through the years and for honoring me with the Lifetime Achievement He also served sports and casualwear shoe company L.A. Gear, Inc. as President and Chairman from 1979 to 1992. which we may not see again, said Michael Atmore, Editorial Director, Footwear (Robert . In the shoe biz Robert Greenberg is a true legend, the likes of Litigation Reform Act of 1995. Greenberg was later forced out by investors when the companys sales sagged. Family: Son of Harry Greenberg (grocer) and Belle (maiden name unknown); married (wife's name unknown; divorced); children: six. Outstanding leaders from political and market conditions including the uncertainty of sustained of popularity of particular designs and/or categories of products; and the various market factors described above; sales levels during the Greenberg sought to focus on men's street shoes; Skechers' early products were utility-style boots popular in grunge fashion. those projected in forward-looking statements. and globally, its planned expansion and opening of new stores, Robert Greenberg owns about 169,379 units of Skechers Usa Inc common stock. By subscribing, I agree to the Terms of Use and Privacy Policy. The company was founded by Robert Greenberg and Michael Greenberg in 1992 and is headquartered in Manhattan Beach, CA. While he's often heralded as one of the industry's most brilliant brand architects, Greenberg, 75, never had grand plans to be in the shoe business. Footwear News is a part of Penske Media Corporation. 10% of the management team is Black or African American. After about a year, he struck out on his own with his first utility boot, and in 1992, Skechers was officially born after two of Greenbergs children separately suggested the moniker, which is derived from the word skecher, meaning a cool kid who has lots of energy. From 1979 to 1992, Mr. Greenberg was the Chairman of the Board and President of L.A. Gear, Inc. (L.A. On Monday at 8:30 a.m. after his Friday departure, he received a call from his son, Michael, who had also been let go from the firm. and globally, its planned expansion and opening of new stores, more than 1,200 SKECHERS retail stores, and the Companys e-commerce
