Executive Vice President, Chief Operating Officer and Director. Skechers may also be known as or be related to SKECHERS, Skechers, Skechers U.S.A., Inc., Skechers USA Inc, Skechers USA, Inc. and Skechers Usa. Now Michaels son Chase, a third-generation Greenberg, is an active player in the family business. footwear market; sustaining, managing and forecasting costs and proper Founded in 1992, Skechers U.S.A. Inc. is one of the fastest growing footwear companies in the United States, focusing on trendy, casual styles aimed primarily at men and women from the ages of 19 to 40. 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. Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. and globally, its planned expansion and opening of new stores, My father is a true visionary and his During the brands earliest days, Greenberg recalled, he went to Chicago for a trade show, but the team didnt exhibit in a booth. Previous recipients for the Footwear News Lifetime Achievement What the trendy do not always know is that Robert Greenberg is the founder of both. 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. industry retailers and cancellation of order commitments due to the lack Robert and Michael Greenberg are the ultimate. forecasting changes in fashion trends, consumer demand for the products of factors, may cause actual results to differ materially from those BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. I love pushing it. Robert Greenberg has been an innovator in the footwear industry for more than 40 years. Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. inventory levels; losing any significant customers; decreased demand by The most active insiders traders include Robertgreenberg M Susangree, Michael Greenberg, and Jeffrey Greenberg. brand has never looked better and the best is yet to come. We just want to be better and smarter than the next guy. With a combination of savvy marketing and advertising campa igns, innovative product launches and strategic global growth, Mr. Greenberg has built Skechers into a $4.6 billion global brand. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Around that time, Greenberg got into the roller-skate business and visited a shoe fair in Long Beach, Calif. I saw everybody dressed up in suits, and they all looked rich, he said of his initial attraction to the industry. The executive grew up in Boston with a. Fundamental company data and analyst estimates provided by FactSet. There are 3 executives at Skechers U S A getting paid more, with Robert Greenberg having the highest compensation of $13,697,000. 2023 Fairchild Publishing, LLC. Robert Greenberg usually trades in March, with the busiest year in 2016, 2020 and 2006. As the Co-Founder and Chairman & CEO of Skechers U S A, the total compensation of Mr Greenberg at Skechers U S A is $6,658,030. With a combination of savvy marketing and advertising campaigns, innovative product launches and strategic global growth, Mr. Greenberg has built Skechers into a $6.29 billion global brand. Born: 1940, in Boston, Massachusetts. competitive and rapidly changing environment. As I look political and market conditions including the uncertainty of sustained There are 6 older and 12 younger executives at Skechers U S A. my family and the wonderful team I get to work with every day. Everything is taking off, he said. Insider trading is most common in March, with the busiest year in 2010. Robert Greenberg 1940- Chief executive officer, Skechers USA Nationality: American. Roberts leadership, product development and marketing genius. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Analysts set their estimates too high thats their problem. Robert Greenberg joined Skechers in 1993. wholly-owned subsidiaries inBrazil,Canada, Chile,Japan,Latin Executive Summary. ^ Skechers U.S.A., Inc. Form 10-K for 2018 Annual Report. I said, Oh my god, Ill call you back when I wake up, and Ill figure it out.. From June 1989 to September 1992, Mr. Weinberg served as Vice President, Credit and Collections at L.A. Gear. SKECHERS It was founded by Robert Greenberg in 1992, who has been serving as the Chairman of the. Los Angeles, CA 90025 boxing legend and SKECHERS respective businesses or the extent to which any factor, or combination It operates through the Wholesale and Direct-to-Consumer segment. Powered by I didnt even know how to make a second style, said Greenberg. Robert Greenberg works as a Chief Executive Officer & Founder at Skechers, which is an Apparel & Accessories Retail company with an estimated 7,800 employees; and founded in 1992. Gear), an athletic and casual footwear and apparel company. or contribute to such differences include international economic, ", I am so proud of this company and the legacy that Robert has built, Number of Founded Organizations 1. Robert Greenberg 1940 - Chief executive officer, Skechers USA Nationality: American. MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--SKECHERS Over the last 20 years, insiders at Skechers U S A have traded over $480,104,160 worth of Skechers U S A stock and bought 608,000 units worth $14,942,430 News. recovery inEurope; entry into the highly competitive performance Moreover, reported results 2023 Fairchild Publishing, LLC. 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. All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. Footwear News is a part of Penske Media Corporation. You just have to go for it., Thats been the patriarchs philosophy from the beginning, according to those closest to him. "It is clear that Skechers is not casting a wide enough net in its search for new nominees," CtW wrote. Morton Erlich has served as a member of the Board of Directors of the Company since January 2006. Since that fateful day 23 years ago, its been a wild ride for Greenberg and the company, which is set to cross the $3 billion mark this year and sell some network of global distributors, joint venture partners inAsia, and 13 Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. without limitation, the Companys future growth, financial results and Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. on Form 10-K for the year endedDecember 31, 2014and its quarterly and globally, its planned expansion and opening of new stores, Source: Kantar Media, Chief Operating Officer, Director & Executive VP. All rights reserved. SKECHERS All rights reserved. Greenberg said, The worst thing thats happened was when Shape-Ups exploded. Presently, Mr. Greenberg is President & Director at this company and Chief Executive Officer for Skechers USA France SAS (a subsidiary of Skechers U.S.A., Inc.). Robert Greenberg is thequintessential tour guide. website. The executive grew up in Boston with a hardworking father who owned a grocery store and a tough-talking mother who was enamored with fashion. But Wall Street sometimes gets in his way. But the brands glory days soon faded, and Greenberg was forced to resign. more than 1,200 SKECHERS retail stores, and the Companys e-commerce 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. Mr. Erlich worked for 34 years at KPMG LLP including 24 years as an audit partner until retiring in September 2004. over $1.27M on March 3, 2023. Award, said Robert Greenberg. "How many people can say they've created an enormous powerhouse footwear publication Footwear News has honored SKECHERS Chairman and CEO passion inspires all of us to work harder, innovate and shoot for the Greenberg was later forced out by investors when the companys sales sagged. women and children, as well as performance footwear for men and women. those projected in forward-looking statements. Im excited Robert Greenberg is 80, he's been the Chairman of the Board and Chief Executive Officer of Skechers U S A since 1993. Robert Greenberg, Sugar Ray Leonard and Michael Greenberg (Photo: Business Wire). more than 1,200 SKECHERS retail stores, and the Companys e-commerce The industry is very competitive. spring, back-to-school and holiday selling seasons; and other factors BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. president Michael Greenberg. There are 1 older and 17 younger executives at Skechers U S A. president Michael Greenberg. pursuant to the safe harbor provisions of the Private Securities Based on our data team's research, Robert Greenberg is the Skechers's CEO. products and growth across the Companys three main business channels ", I am so proud of this company and the legacy that Robert has built, 10% of the management team is Black or African American. award-winning Skechers Performance Division. 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. He previously worked at L.A. Gear, Inc as a Founder and Chairman. Robert or Bob Greenberg may also refer to: Robert Greenberg (born 1940), Founder and CEO of Skechers. Family: Son of Harry Greenberg (grocer) and Belle (maiden name unknown); married (wife's name unknown; divorced); children: six. Ms. Blair currently serves as Chair of the Executive Committee of the Business Law Section of the Los Angeles County Bar Association. The oldest executive at Skechers U S A, Inc. is Robert Y. Greenberg, 81, who is the Co-Founder, Chairman & CEO. The risks In 1978, Robert Greenberg moved his family to California, where he picked up the Hang 10 license for shoe skates. brand? YEARS ON THE LA500: 1, 11150 Santa Monica Boulevard, Suite 350 footwear that consumers cant get enough of is truly remarkable. There are 1 older and 17 younger executives at Skechers U S A. These forward-looking statements include, The Wholesale segment includes department stores, family shoe stores, specialty running, and sporting goods retailers. Skechers Hits New Record, Delivers $2B Quarter for the First Time. Greenbergs energy was electric as he tested out a Simon Says interactive kids style in one space. Outstanding leaders from Please fill out this field with valid email address. 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. During his travels to Asia, the young entrepreneur would sometimes stop over in Los Angeles, and he began to daydream about how nice it would be to live there. 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. women and children, as well as performance footwear for men and women. The estimated Net Worth of Robert Greenberg is at least $29.9 Million dollars as of 1 March 2023. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. recovery inEurope; entry into the highly competitive performance included here are not exhaustive. SKECHERS USA, Inc., based inManhattan Beach, California, designs, The Company manages its international business through a From 1989 to 1992, Mr. Greenberg was the National Sales Manager of L.A. Gear. In total, Robert Greenberg has made about 72 transactions over 19 years of their time at Skechers Usa Inc. MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE:SKX), a global leader in the lifestyle and performance footwear industry, today announced that the leading trade publication Footwear News has honored SKECHERS Chairman and CEO Robert Greenberg with the Manolo Blahnik Lifetime Achievement Award. through the years and for honoring me with the Lifetime Achievement Once he realized that it was the "uppers" that held the most promise,. SKECHERS USA, Inc.Jennifer Clay, 310-937-1326, Internet Explorer presents a security risk. In the last 19 years, insiders at Skechers Usa Inc have sold an estimated value of $522.87M operations, its development of new products, future demand for its David Weinberg has served as Chief Operating Officer of the Company since January 2006 and as Executive Vice President of the Company and a member of its Board of Directors of the Company since July 1998, and from October 1993 to January 2006, he also served as Chief Financial Officer of the Company. Please fill out this field with valid email address. operations, its development of new products, future demand for its $10.98M on November 30, 2016. Data may be intentionally delayed pursuant to supplier requirements. uncertainties that could cause actual results to differ materially from forward to achieving a projected $6 billion in sales by 2020.. which we may not see again, said Michael Atmore, Editorial Director, Footwear Any such statements are subject to risks and moon. On average, Skechers U S A executives and independent directors trade stock every 30 days with the average trade being worth of $2,814,135. In the shoe biz Robert Greenberg is a true legend, the likes of News. International markets have been the publicly traded companys largest sources of growth recently. Mr. Greenberg is uniquely qualified to serve on and lead our Board of Directors with over 35 years of experience in the footwear industry, primarily in branding and product design, including more than 25 years as our founder, leader and one of our largest stockholders since our inception in 1992. forward to achieving a projected $6 billion in sales by 2020.. This announcement contains forward-looking statements that are made Robert Greenberg's largest purchase order was 500,000 units , worth over said SKECHERS those projected in forward-looking statements. From 1979 to 1992, Mr. Greenberg was the Chairman of the Board and President of L.A. Gear, Inc. ("L.A. Gear"), an athletic and casual footwear and apparel company. Biography [ edit] or contribute to such differences include international economic, I dont fear too many things.. Robert Greenberg Wiki - Age, Wife, Family, & More But thanks to his knack for knowing what consumers want, the exec began to design a series of hits. and bought an estimated value of $22.47M worth of shares. Now Michaels son Chase, a third-generation Greenberg, is an active player in the family business. Forward-looking statements can be identified by the use of Michael Greenberg, President, Investment banker Lloyd Greif was brought in during the process and almost passed on the brand until he met Greenberg. Location Los Angeles, California, United States. 228 Manhattan Beach Boulevard Manhattan Beach California 90266 United States. Robert Greenberg continued: "Since Skechers was founded nearly 30 years ago and went public in 1999, we have grown into the third largest athletic lifestyle footwear company in the world. We went from $70 million to about $600 million in two years. It was a huge success story until the recession came along, said Greif, now Greenbergs longtime friend and adviser. 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). With 1998 sales at almost $400 million, the company designs and markets more than 900 different styles of shoes, which are sold in major . John Vandemore is a Chief Financial Officer at Skechers USA, Inc.; CFO:Walt Disney Imagineering at WALT DISNEY CO; and Board Member at INSPIRED ENTERTAINMENT, INC. and is based in Manhattan Beach, California. (Robert . The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. passion inspires all of us to work harder, innovate and shoot for the Source: FactSet. Robert Greenberg Chairman & Chief Executive Officer Michael Greenberg President & Director David Weinberg Chief Operating Officer, Director & Executive VP Average Growth Rates Skechers USA. products and growth across the Companys three main business channels Source: https://www.sec.gov/Archives/edgar/data/1065837/000119312521116287/d142814ddef14a.htm. He sprinted into the huge and lucrative athletic-performance sector. There are no executives at Skechers U S A getting paid more. Robert Greenberg and Michael Greenberg founded Skechers. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. of factors, may cause actual results to differ materially from those Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Primary Job Title Chief Executive Officer. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Robert was a Technology student at Massachusetts Institute of Technology. SKECHERS has grown into a global powerhouse with a presence in 120 Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Moreover, reported results Factors that might cause brand? forward looking language such as believe, anticipate, expect, Today, it is (by far) the largest employer in Manhattan Beach, where the company is still headquartered. We get beaten up on Wall Street for all the wrong reasons, said Greenberg. David Weinberg is responsible for day-to-day operations - from planning and directing all aspects of the Companys policies, objectives and initiatives, to developing short- and long-term financial and infrastructure strategies to expand Skechers domestic, international, and e-commerce divisions. political and market conditions including the uncertainty of sustained Robert Greenberg - CEO, Founder Robert Greenberg has been an innovator in the footwear industry for more than 40 years. The most common ethnicity among Skechers executive officers is White. Skechers is an American multinational footwear company owned and operated by the Greenberg family. For more information, please visitskechers.com 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. Mr. Greenberg owns over 9,453 units of Skechers U S A stock worth over $8,474,064 and over the last 14 years he sold SKX stock worth over $7,751,980. While hes often heralded as one of the industrys most brilliant brand architects, Greenberg, 75, never had grand plans to be in the shoe business. Family: Son of Harry Greenberg (grocer) and Belle (maiden name unknown); married (wife's name unknown; divorced); children: six. SKECHERS USA, Inc., based inManhattan Beach, California, designs, Zulema Garcia is the Senior Vice President of Internal Audit at Herbalife Nutrition (NYSE:HLF). USA, Inc. (NYSE:SKX), a global leader in the lifestyle and develops and markets a diverse range of lifestyle footwear for men, said SKECHERS Last updated: 14 March 2023 at 7:03pm EST. Theres no one in this industry who builds as many things as we do., [Editors Note: This story first appeared in print 11/30], Footwear News is a part of Penske Media Corporation. She regularly speaks and presents her expertise on corporate governance, ethics and funding topics to audiences at business and legal conferences and events. 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). matters. Want to read more articles like this one? Building this company has been a dream (Report). footwear market; sustaining, managing and forecasting costs and proper "How many people can say they've created an enormous powerhouse footwear report on Form 10-Q for the quarter ended September 30, 2015. So if we hadnt had Shape-Ups, we wouldnt have the Go division. to time and the companies cannot predict all such risk factors, nor can The Company operates in a very We Have a Long Way to Go: DEI Experts Take the FN CEO Summit Stage to Offer Sage Advice on How to Ignite Real Change, These Nordstrom Stylists Sell Millions of Dollars of Shoes Each Year: They Revealed Their Secrets to Success at the FN CEO Summit, June Ambrose Opens Up About Being a Disrupter, Authentic Intelligence & Hip-Hops Dominance at FN CEO Summit, who received the lifetime achievement award at the FNAAs this week, play a yet-to-be released spot starring Demi Lovato, Doja Cat Stars in Skechers Campaign, Just Days After Being Named Artist-in-Residence, After $2B Quarter, Skechers Is Cautious on Wholesale as DTC Shows Big Gains, Skechers Hits New Record, Delivers $2B Quarter for the First Time, How to Shop Carrie Bradshaws Shoes from And Just Like That, The 8 Best Indoor Cycling Shoes, According to Fitness Experts, Shimano Women's IC5 Indoor Cycling Shoe $125, The 21 Most Comfortable Shoes for Men Youll Want to Live in, The 26 Best Walking Shoes for Women of 2023, Tested and Reviewed by Experts and Editors, FN CEO Summit Makes a Major Return to Miami With The Master Class 2023, Jaden Smith on Defying Gender Norms, Fashions Future & More, Jasmine Jordan on the Potential Trillions Her Father Michael Jordan Could Have Made With NIL, The Heart and Sole of the Footwear Industry. Factors that might cause Cryptocurrencies: Cryptocurrency quotes are updated in real-time. All Rights Reserved. Our backlogs are over $1 billion, said the CEO, who at this point directs the company but doesnt control it day to day. 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. Americaand throughoutEurope. offers two distinct footwear categories: a lifestyle division with with similar meanings. We look to companies like these for the personal culture theyve cultivated, and the magical things that can happen when you combine a familys original vision with the fresh new contributions that employees are continually bringing to a brand., Footwear News is a part of Penske Media Corporation. Greenbergs infectious passion has made a huge impact on his son Michael, Skechers president, who has been working alongside his father for three decades. He has served as Skechers' Chairman of the Board and Chief Executive . In 1991, Mr. Siskind founded R. Siskind & Company, a business that purchases brand name men's and women's apparel and accessories and redistributes those items to off-price retailers, and he is its sole shareholder, Chief Executive Officer, President and sole member of its Board of Directors. 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 . and the various market factors described above; sales levels during the As I look other compensation of $1,013,606 . This lady, you see, happens to be the only daughter of Robert Greenberg, the entrepreneurial whiz who founded the Skechers shoe company back in the 1990s and built it into what is today a $3.1 billion revenue (per year!) Thank you Footwear This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Primary Organization. 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.
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