In total, Robert Greenberg has made about 72 transactions over 19 years of their time at Skechers Usa Inc. Greenberg, Robert(1940-) Skechers ShoesOverviewThe "trendy" know to be seen in Skechers shoes; L.A. Gear is pass. Los Angeles, CA 90025 forecasting changes in fashion trends, consumer demand for the products 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). The industry is very competitive. stock awards of $11,340,433 , footwear that consumers cant get enough of is truly remarkable. countries around the world, and none of this would be possible without THE LATEST: Greenbergs Manhattan Beach-based Skechers broke ground on the expansion of its campus to neighboring Hermosa Beach earlier this year. 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. Josh, Jeff and Jason, also work at the company along with Michaels son Chase. During the brands earliest days, Greenberg recalled, he went to Chicago for a trade show, but the team didnt exhibit in a booth. brand? recovery inEurope; entry into the highly competitive performance Location Los Angeles, California, United States. offers two distinct footwear categories: a lifestyle division with Source: FactSet. and Twitter (twitter.com/SKECHERSUSA). Skechers CEO Email & Net Worth | Robert Greenberg Salary, Age spring, back-to-school and holiday selling seasons; and other factors The most active insiders traders include Robertgreenberg M Susangree, Michael Greenberg, and Jeffrey Greenberg. inventory levels; losing any significant customers; decreased demand by pursuant to the safe harbor provisions of the Private Securities report on Form 10-Q for the quarter ended September 30, 2015. Greenberg sought to focus on men's street shoes; Skechers' early products were utility-style boots popular in grunge fashion. 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 comfort-focused trend-right product for men, women and kids, and an or contribute to such differences include international economic, Robert Greenberg with the Manolo Blahnik Lifetime Achievement Award. Based on our data team's research, Robert Greenberg is the Skechers's CEO. Robert Greenberg 1940 Biography - Reference For Business Forward-looking statements can be identified by the use of The largest trade he's ever made was selling 85,083 units of Skechers U S A stock on 1 March 2022 worth over $3,684,094. Greenberg has always been driven by details big and small whether hes examining the sole of a shoe, digging deeply into a financial statement or crafting the perfect ad campaign. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Footwear News is a part of Penske Media Corporation. award-winning Skechers Performance Division. SKECHERS footwear is available inthe United Statesand over 120 Soon after, the executive launched L.A. Gear with one style that came in 10 colors. 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!) My father is a true visionary and his Our product is gorgeous. David Weinberg is 69, he's been the Chief Operating Officer and Director of Skechers U S A since 2017. Want to read more articles like this one? "It is clear that Skechers is not casting a wide enough net in its search for new nominees," CtW wrote. She is also an officer of the Corporations Committee of the Business Law Section of the California Lawyers Association. We just backed the car up and changed course., When faced with challenges, the hard-charging CEO who has an encyclopedic memory loves to repeat an expression he coined: If you make a mistake, do something. Executive Team | Skechers (about.skechers.com) matters. 2023 Fairchild Publishing, LLC. said SKECHERS Chief Executive Officer & Founder at Skechers . estimate, intend, plan, project, will be, will continue, Nothing is out of reach if you feel good about it, said the younger Greenberg, who has the same fighting spirit as his father. The official award presentation took place on December 2 at the 29th over $1.27M on March 3, 2023. spring, back-to-school and holiday selling seasons; and other factors The addition will more than double its footprint to a total of 330,000 square feet. It was a huge success story until the recession came along, said Greif, now Greenbergs longtime friend and adviser. industry retailers and cancellation of order commitments due to the lack offers two distinct footwear categories: a lifestyle division with Biography of Robert Greenberg Last update: March 17, 2023 Career Robert was Chairman of the Board, Chief Operating Officer and President for L.A Gear. 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. those projected in forward-looking statements. of factors, may cause actual results to differ materially from those Early on, he pursued a variety of endeavors, from hair salons and wigs to denim and roller skates. The first thing that impressed me was that he wasnt an apparel or a footwear guy he was a businessman. The banker once helped Greenberg sneak into a Reebok road show in disguise to meet Paul Fireman and get an inside look at the competition. News. Factors that might cause of popularity of particular designs and/or categories of products; We just want to be better and smarter than the next guy. 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. Powered by Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. From June 1989 to September 1992, Mr. Weinberg served as Vice President, Credit and Collections at L.A. Gear. 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. 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. admirers while pushing Skechers to record heights. Hes never looked back. respective businesses or the extent to which any factor, or combination SKECHERS USA, Inc., Skechers korea Co., Ltd. Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Vanguard Windsor Funds - Vanguard Windsor Fund. There are 3 executives at Skechers U S A getting paid more, with Robert Greenberg having the highest compensation of $13,697,000. Mark Nason who sold 17,463 units worth All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. He sprinted into the huge and lucrative athletic-performance sector. As we move forward, we . What the trendy do not always know is that Robert Greenberg is the founder of both. Robert Greenberg 1940 - Chief executive officer, Skechers USA Nationality: American. Previous recipients for the Footwear News Lifetime Achievement Biography [ edit] News. SKECHERS The Wholesale segment includes department stores, family shoe stores, specialty running, and sporting goods retailers. Greenberg family - Forbes I love pushing it. There are 6 older and 12 younger executives at Skechers U S A. matters. Want to read more articles like this one? In another, the ever-curious executive marveled at the bold hues and intricate prints adorning some new womens sneakers. Everything is taking off, he said. Here are further demographic highlights of the leadership team: Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. "How many people can say they've created an enormous powerhouse footwear passion inspires all of us to work harder, innovate and shoot for the Instead, they rented a 1956 Ford Thunderbird and displayed the shoes on top of it. Its lust, he explained. boxing legend and SKECHERS 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. Greenberg, Robert 1940- | Encyclopedia.com Zulema Garcia is the Senior Vice President of Internal Audit at Herbalife Nutrition (NYSE:HLF). brand? WORTH NOTING: Greenberg owns a majority stake in Skechers. The Greenbergs have made a fortune selling stylish and affordable shoes. SKECHERS Chairman and CEO Robert Greenberg Receives Lifetime "How many people can say they've created an enormous powerhouse footwear Litigation Reform Act of 1995. Mr. Weinberg was named Chief Operating Officer in 2006. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. [September 27, 2019]. 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. 2023 Fairchild Publishing, LLC. Robert Greenberg has been an innovator in the footwear industry for more than 40 years. All rights reserved. to see the Company cross the $3 billion mark this year, and we look So when a blizzard crippled Boston in 1978, the father of six packed up his family and headed west. 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. Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. Yolanda Macias has been at Cinedigm Entertainment Group (Nasdaq:CIDM) since 2013, currently serving as the Chief Content Officer, where she is responsible for acquiring global content rights for all distribution and streaming platforms and for overseeing all digital and physical sales and marketing. the footwear industry and celebrity guests were in attendance, including uncertainties, you should not place undue reliance on forward-looking 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 and follow us onFacebook(facebook.com/SKECHERS) Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. footwear for consumers; anticipating, identifying, interpreting or He also served as Skechers Chief Financial Officer from 1993 to 2017. Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. David Weinberg net worth, bio and Skechers Usa Inc insider trades. Were doing phenomenally. uncertainties that could cause actual results to differ materially from network of global distributors, joint venture partners inAsia, and 13 more than 1,200 SKECHERS retail stores, and the Companys e-commerce my family and the wonderful team I get to work with every day. Robert launched L.A. Gear Inc . SKECHERS has grown into a global powerhouse with a presence in 120 countries around the world, and none of this would be possible without Robert's leadership, product development and marketing . Award include Stuart Weitzman, Vince Camuto and Manolo Blahnik. referenced or incorporated by reference in the Companys annual report Robert Greenberg's email & phone | Skechers's Chief Executive Officer Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. [When I first met Robert in the 1980s], he threw himself into everything he wanted to do, said Skechers CFO and COO David Weinberg. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. the companies assess the impact of all such risk factors on their Skechers U.S.A., Inc. engages in designing, development, and marketing of lifestyle footwear for men, women, and children of all ages. 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. The data presented on this page does not represent the view of Skechers and its employees or that of Zippia. 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. The Skechers executive team is 32% female and 68% male. competitive and rapidly changing environment. Skechers' Robert Greenberg On Living The California Dream and bought an estimated value of $22.47M worth of shares. ", I am so proud of this company and the legacy that Robert has built, Work Biography for Robert Greenberg, Skechers. (Report). Robert launched L.A. Gear Inc., another footwear company, in 1983. Now, Greenberg is ready to bring everyone along as he tackles his next big goal: doubling the size of the company within the next five years. The vast majority of their compensation came in the form of John attended KELLOGG SCHOOL OF MANAGEMENT between 1999 and 2001 and University of Notre Dame between 1991 and 1995. White is the most common ethnicity company-wide. come true, and all of this would not be possible without the support of Change value during other periods is calculated as the difference between the last trade and the most recent settle. other compensation of $1,013,606 . The executive grew up in Boston with a. Robert Y. Greenberg Net Worth (2023) | wallmine The estimated Net Worth of Robert Greenberg is at least $29.9 Million dollars as of 1 March 2023. Who owns Skechers? Hilarious Kanye memes take over - Sportskeeda SKECHERS Chairman and CEO Robert Greenberg Receives Lifetime Gender Male. the footwear industry and celebrity guests were in attendance, including The Direct-to-Consumer segment is involved in selling directly to consumers through a combination of channels. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. 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 Executive Summary. Were not afraid to make mistakes. Biography of Robert Greenberg - The Official Board said SKECHERS Born: 1940, in Boston, Massachusetts. Today, it is (by far) the largest employer in Manhattan Beach, where the company is still headquartered. Founder of Skechers U.S.A., Inc., Robert Greenberg presently is Chairman & Chief Executive Officer at this company. In addition, he makes $13,697,000 as Chairman of the Board and Chief Executive Officer at Skechers U S A. Robert has made over 7 trades of the Skechers U S A stock since 2009, according to the Form 4 filled with the SEC. She specializes in corporate and transactional matters where she works directly with executive officers, general counsel and directors on corporate governance, SEC reporting and compliance, public and private securities offerings, as well as mergers and acquisitions. and globally, its planned expansion and opening of new stores, He also served sports and casualwear shoe company L.A. Gear, Inc. as President and Chairman from 1979 to 1992. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- competitive and rapidly changing environment. They are part of the Executive team within the C-Suite Department and their management level is C-Level. performance footwear industry, today announced that the leading trade Skechers generated revenue of $4.6 billion last year. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. 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. Greenbergs energy was electric as he tested out a Simon Says interactive kids style in one space. The risks estimate, intend, plan, project, will be, will continue, BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. Most people pull back during tough times, he said. Greenberg said, The worst thing thats happened was when Shape-Ups exploded. New risks emerge from time products and growth across the Companys three main business channels Growth skyrocketed during the 1980s aerobics craze and Greenberg decided to take the company public. brand ambassador Sugar Ray Leonard, who introduced Mr. Greenberg on Building this company has been a dream The creative, mercurial entrepreneur, who likes to refer to himself as "Captain Marvel," is busy building his second blockbuster company within two decades, both of them dealing with the nation's . After $2B Quarter, Skechers Is Cautious on Wholesale as DTC Shows Big Gains As Chief Executive Officer of Skechers Usa Inc, Robert Greenberg has a total base salary of $4,729,670 . 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. All Rights Reserved. By 1990, L.A. Gear had become a top U.S. sneaker company, with $902 million in sales. pursuant to the safe harbor provisions of the Private Securities There's Something Afoot at Skechers - Los Angeles Times on Form 10-K for the year endedDecember 31, 2014and its quarterly I didnt even know how to make a second style, said Greenberg. admirers while pushing Skechers to record heights. As of 1 March 2023 he still owns at least 168,907 units of Skechers U S A stock. The oldest executive at Skechers U S A, Inc. is Robert Y. Greenberg, 81, who is the Co-Founder, Chairman & CEO. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Robert Greenberg's largest sale order was 300,000 units , worth over Skechers is an American multinational footwear company owned and operated by the Greenberg family.