Skechers U.S.A Management

Management criteria checks 3/4

Skechers U.S.A's CEO is Robert Greenberg, appointed in Jan 1992, has a tenure of 32.83 years. total yearly compensation is $18.84M, comprised of 34.5% salary and 65.5% bonuses, including company stock and options. directly owns 2.95% of the company’s shares, worth €253.76M. The average tenure of the management team and the board of directors is 22.7 years and 22.1 years respectively.

Key information

Robert Greenberg

Chief executive officer

US$18.8m

Total compensation

CEO salary percentage	34.5%
CEO tenure	32.8yrs
CEO ownership	2.9%
Management average tenure	22.7yrs
Board average tenure	22.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Greenberg's remuneration changed compared to Skechers U.S.A's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$627m
Jun 30 2024	n/a	n/a	US$580m
Mar 31 2024	n/a	n/a	US$592m
Dec 31 2023	US$19m	US$7m	US$546m
Sep 30 2023	n/a	n/a	US$534m
Jun 30 2023	n/a	n/a	US$475m
Mar 31 2023	n/a	n/a	US$412m
Dec 31 2022	US$22m	US$6m	US$373m
Sep 30 2022	n/a	n/a	US$700m
Jun 30 2022	n/a	n/a	US$717m
Mar 31 2022	n/a	n/a	US$764m
Dec 31 2021	US$24m	US$6m	US$742m
Sep 30 2021	n/a	n/a	US$392m
Jun 30 2021	n/a	n/a	US$354m
Mar 31 2021	n/a	n/a	US$148m
Dec 31 2020	US$20m	US$6m	US$99m
Sep 30 2020	n/a	n/a	US$105m
Jun 30 2020	n/a	n/a	US$144m
Mar 31 2020	n/a	n/a	US$287m
Dec 31 2019	US$14m	US$5m	US$347m
Sep 30 2019	n/a	n/a	US$334m
Jun 30 2019	n/a	n/a	US$322m
Mar 31 2019	n/a	n/a	US$292m
Dec 31 2018	US$27m	US$5m	US$301m
Sep 30 2018	n/a	n/a	US$187m
Jun 30 2018	n/a	n/a	US$189m
Mar 31 2018	n/a	n/a	US$203m
Dec 31 2017	US$8m	US$4m	US$179m

Compensation vs Market: Robert's total compensation ($USD18.84M) is above average for companies of similar size in the German market ($USD3.63M).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.

CEO

Robert Greenberg (84 yo)

32.8yrs

Tenure

US$18,837,938

Compensation

Mr. Robert Y. Greenberg has been the Chairman and Chief Executive Officer of Skechers USA Inc. since October 1993. Mr. Greenberg founded Skechers USA Inc. in 1992. From 1979 to 1992, Mr. Greenberg served a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Greenberg	Co-Founder	32.8yrs	US$18.84m	2.95% € 253.8m
Michael Greenberg	Co-Founder	32.8yrs	US$13.91m	0.38% € 32.5m
John Vandemore	Chief Financial Officer	7yrs	US$5.35m	0.065% € 5.6m
David Weinberg	Executive VP	18.8yrs	US$10.51m	0.21% € 18.1m
Mark Nason	Executive Vice President of Product Development	22.7yrs	US$4.80m	0.019% € 1.7m
Eunice Han	Senior Manager Investor Relations	no data	no data	no data
Philip Paccione	Executive VP of Business Affairs	26.5yrs	US$2.01m	0.023% € 2.0m
Pete Calichman	Senior Vice President of Domestic Sales	2.2yrs	no data	no data

22.7yrs

Average Tenure

62yo

Average Age

Experienced Management: SKAA's management team is seasoned and experienced (22.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Greenberg	Co-Founder	31.1yrs	US$18.84m	2.95% € 253.8m
Michael Greenberg	Co-Founder	32.8yrs	US$13.91m	0.38% € 32.5m
David Weinberg	Executive VP	26.3yrs	US$10.51m	0.21% € 18.1m
Richard Siskind	Lead Independent Director	25.4yrs	US$348.30k	0.11% € 9.1m
Morton Erlich	Independent Director	18.8yrs	US$413.30k	0.034% € 2.9m
Katherine Blair	Independent Director	5.5yrs	US$348.30k	0.0099% € 849.7k
Yolanda Macias	Independent Director	2.6yrs	US$313.30k	0.0093% € 798.0k
Zulema Garcia	Independent Director	2.9yrs	US$313.30k	0.0085% € 735.2k

22.1yrs

Average Tenure

67yo

Average Age

Experienced Board: SKAA's board of directors are seasoned and experienced ( 22.1 years average tenure).

Skechers U.S.A Management

Management criteria checks 3/4

Key information

Recent management updates

Skechers U.S.A., Inc., Annual General Meeting, May 23, 2024

Skechers U.S.A., Inc., Annual General Meeting, May 23, 2024

Co-Founder recently sold €10.0m worth of stock

Co-Founder recently sold €5.3m worth of stock

Co-Founder recently sold €715k worth of stock

Co-Founder recently sold €5.6m worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: US$1.27 (vs US$0.94 in 3Q 2023)

Skechers U.S.A., Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2024

Skechers U.S.A., Inc. to Report Q3, 2024 Results on Oct 24, 2024

Second quarter 2024 earnings released: EPS: US$0.92 (vs US$0.99 in 2Q 2023)

Skechers U.S.A., Inc. (NYSE:SKX) announces an Equity Buyback for $1,000 million worth of its shares.

Now 28% undervalued

Now 24% undervalued

Skechers U.S.A., Inc. to Report Q2, 2024 Results on Jul 25, 2024

Now 20% undervalued

Skechers U.S.A., Inc. Provides Sales Guidance for the Second Quarter and Full Year of 2024

First quarter 2024 earnings released: EPS: US$1.35 (vs US$1.03 in 1Q 2023)

Skechers U.S.A., Inc., Annual General Meeting, May 23, 2024

Skechers U.S.A., Inc., Annual General Meeting, May 23, 2024

Skechers U.S.A., Inc. to Report Q1, 2024 Results on Apr 25, 2024

Co-Founder recently sold €10.0m worth of stock

Full year 2023 earnings released: EPS: US$3.53 (vs US$2.40 in FY 2022)

Co-Founder recently sold €5.3m worth of stock

Full year 2023 earnings released: EPS: US$3.53 (vs US$2.40 in FY 2022)

Co-Founder recently sold €715k worth of stock

Skechers U.S.A., Inc. to Report Q4, 2023 Results on Feb 01, 2024

Co-Founder recently sold €5.6m worth of stock

Skechers Responds to Nike Patent Lawsuit

Skechers U.S.A., Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.55 in 3Q 2022)

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Skechers U.S.A., Inc. to Report Q3, 2023 Results on Oct 26, 2023

Now 21% undervalued after recent price drop

Skechers Sues Laforst for Patent Infringement of Its Proprietary Skechers Hands Free Slip-Ins Designs

Now 22% undervalued after recent price drop

Skechers U.S.A., Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Second quarter 2023 earnings released: EPS: US$0.99 (vs US$0.58 in 2Q 2022)

Skechers U.S.A., Inc. to Report Q2, 2023 Results on Jul 27, 2023

Lead Independent Director recently sold €971k worth of stock

First quarter 2023 earnings released: EPS: US$1.03 (vs US$0.78 in 1Q 2022)

Co-Founder recently sold €671k worth of stock

Full year 2022 earnings released: EPS: US$2.40 (vs US$4.77 in FY 2021)

Skechers U.S.A., Inc. Provides Earnings Guidance for the First Quarter of 2023 and Fiscal Year 2023

Skechers U.S.A., Inc. to Report Q4, 2022 Results on Feb 02, 2023

Co-Founder recently sold €421k worth of stock

Independent Director recently sold €53k worth of stock

Third quarter 2022 earnings released: EPS: US$0.55 (vs US$0.66 in 3Q 2021)

Skechers U.S.A., Inc. Provides Earnings Guidance Fourth Quarter of 2022

Skechers U.S.A., Inc. to Report Q3, 2022 Results on Oct 25, 2022

Skechers Announces Executive Changes

Insider recently sold €608k worth of stock

Skechers U.S.A., Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2022

Second quarter 2022 earnings released: EPS: US$0.58 (vs US$0.88 in 2Q 2021)

Skechers U.S.A., Inc. to Report Q2, 2022 Results on Jul 26, 2022

Independent Director recently sold €74k worth of stock

First quarter 2022 earnings released: EPS: US$0.78 (vs US$0.64 in 1Q 2021)

Skechers U.S.A., Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022

Skechers U.S.A., Inc., Annual General Meeting, May 26, 2022

Skechers USA, Inc. Appoints Yolanda Macias to Board of Directors

Investor sentiment deteriorated over the past week

Co-Founder recently sold €3.3m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Skechers U.S.A., Inc. (NYSE:SKX) announces an Equity Buyback for $500 million worth of its shares.

Less than half of directors are independent

Third quarter 2021 earnings released: EPS US$0.66 (vs US$0.42 in 3Q 2020)

Board Member recently sold €1.9m worth of stock

Independent Director recently sold €137k worth of stock

Skechers U.S.A., Inc. Provided Earnings Guidance for the Third Quarter and Fiscal Year 2021

Second quarter 2021 earnings released: EPS US$0.89 (vs US$0.44 loss in 2Q 2020)

Board Member recently sold €2.2m worth of stock

Board Member recently sold €195k worth of stock

Board Member recently sold €195k worth of stock

Independent Director recently sold €239k worth of stock

First quarter 2021 earnings released: EPS US$0.64 (vs US$0.32 in 1Q 2020)