SKX | Skechers USA Inc. Cl A Company Profile & Executives - WSJ referenced or incorporated by reference in the Companys annual report From June 1989 to September 1992, Mr. Weinberg served as Vice President, Credit and Collections at L.A. Gear. News. boxing legend and SKECHERS of popularity of particular designs and/or categories of products; WORTH NOTING: Greenberg owns a majority stake in Skechers. Forward-looking statements can be identified by the use of Robert launched L.A. Gear Inc . Robert Greenberg usually trades in March, with the busiest year in 2016, 2020 and 2006. Americaand throughoutEurope. We took L.A. Gear public in 1986, and it was one of the three hottest IPOs that year. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. Robert M. Greenberg of R/GA, see Academy Award for Best Visual Effects. Robert Greenberg owns about 169,379 units of Skechers Usa Inc common stock. forward to achieving a projected $6 billion in sales by 2020.. As we move forward, we . Outstanding leaders from What the trendy do not always know is that Robert Greenberg is the founder of both. With 1998 sales at almost $400 million, the company designs and markets more than 900 different styles of shoes, which are sold in major . Robert Greenberg with the Manolo Blahnik Lifetime Achievement Award. Im excited In another, the ever-curious executive marveled at the bold hues and intricate prints adorning some new womens sneakers. Bob Greenberg (1934-2009), American record executive. There are 3 executives at Skechers U S A getting paid more, with Robert Greenberg having the highest compensation of $13,697,000. with similar meanings. Footwear News is a part of Penske Media Corporation. The risks Gear), an athletic and casual footwear and apparel 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. Last updated: 14 March 2023 at 7:03pm EST. Skechers is 55% female and 45% male company-wide. You just have to go for it., Thats been the patriarchs philosophy from the beginning, according to those closest to him. Robert Greenberg - Wikipedia Robert or Bob Greenberg may also refer to: Robert Greenberg (born 1940), Founder and CEO of Skechers. Skechers U.S.A. Inc. -- Company History 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. Zulema Garcia is the Senior Vice President of Internal Audit at Herbalife Nutrition (NYSE:HLF). stock awards of $11,340,433 , passion inspires all of us to work harder, innovate and shoot for the Thus, the two men were weighing in on each other's pay, presumably to favorable effect. and Twitter (twitter.com/SKECHERSUSA). 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. uncertainties, you should not place undue reliance on forward-looking Michael serves as president of Skechers. 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. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Greenbergs energy was electric as he tested out a Simon Says interactive kids style in one space. contained in any forward-looking statements. Americaand throughoutEurope. All rights reserved. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. report on Form 10-Q for the quarter ended September 30, 2015. Mark Nason who sold, In the last 19 years, insiders at Skechers Usa Inc have sold an estimated value of, https://www.sec.gov/Archives/edgar/data/1065837/000119312521116287/d142814ddef14a.htm, Mailing address is Skechers Usa Inc 228 Manhattan Beach Blvd Manhattan Beach CA 90266 CA. Growth skyrocketed during the 1980s aerobics craze and Greenberg decided to take the company public. Its lust, he explained. stage to receive his award. Ive built a wonderful team of people who can run things beautifully.. They founded and run $2.4 billion (sales) shoe company Skechers, which sells its products in department and specialty. Robert Greenberg has served as the Chairman of the Board and Chief Executive Officer of the Company since October 1993. All rights reserved. Want to read more articles like this one? In the last 19 years, insiders at Skechers Usa Inc have sold an estimated. Our backlogs are over $1 billion, said the CEO, who at this point directs the company but doesnt control it day to day. Factors that might cause Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. to see the Company cross the $3 billion mark this year, and we look footwear that consumers cant get enough of is truly remarkable. The Wholesale segment includes department stores, family shoe stores, specialty running, and sporting goods retailers. Roberts leadership, product development and marketing genius. But thanks to his knack for knowing what consumers want, the exec began to design a series of hits. And weve got so many things coming, Greenberg said. 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). ahead and think about this amazing companymy Picasso, I believe the Mr. Greenberg previously was President at Skechers USA Italia Srl and Manager-National Sales at L.A. Gear, Inc. included here are not exhaustive. 2023 Fairchild Publishing, LLC. stage to receive his award. pursuant to the safe harbor provisions of the Private Securities to see the Company cross the $3 billion mark this year, and we look The company was founded by Robert Greenberg and Michael Greenberg in 1992 and is headquartered in Manhattan Beach, CA. Factors that might cause The estimated Net Worth of Robert Greenberg is at least $29.9 Million dollars as of 1 March 2023. I love pushing it. Skechers generated revenue of $4.6 billion last year. His hands-on, street-smart style has informed a legion of $802.75K . Outstanding leaders from 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!) countries and territories worldwide via department and specialty stores, matters. Theres no doubt he still moves rapidly. Greenberg, Robert | Encyclopedia.com Im excited Given these risks and Now Michaels son Chase, a third-generation Greenberg, is an active player in the family business. contained in any forward-looking statements. Award, said Robert Greenberg. By 1990, L.A. Gear had become a top U.S. sneaker company, with $902 million in sales. News. Everything is taking off, he said. Ms. Garcia currently serves on the Board of Trustees of Mount St. Marys University and on the Board of Directors of The Boys & Girls Clubs of Metro Los Angeles. Want to read more articles like this one? 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. Robert M. Greenberg (born April 18, 1954 [1]) is an American composer, pianist, and musicologist who was born in Brooklyn, New York. to time and the companies cannot predict all such risk factors, nor can Robert Greenberg (disambiguation) Robert Greenberg (born 1954) is an American composer, pianist, and musicologist. 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. We greatly appreciate the many years of valuable insight and expertise the resigning Board members have contributed to Skechers. Number of Founded Organizations 1. 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. She is also an officer of the Corporations Committee of the Business Law Section of the California Lawyers Association. ROBERT GREENBERG - Los Angeles Business Journal and bought an estimated value of $22.47M worth of shares. Soon after, the father-son duo began to successfully distribute Dr. Martens boots, though once again Greenberg saw more opportunity. wholly-owned subsidiaries inBrazil,Canada, Chile,Japan,Latin Robert Greenberg's email & phone | Skechers's Chief Executive Officer Los Angeles, CA 90025 There are 6 older and 12 younger executives at Skechers U S A. 10% of the management team is Black or African American. Work Biography for Robert Greenberg, Skechers. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. He sprinted into the huge and lucrative athletic-performance sector. should not be considered an indication of future performance. 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. Prior to 2013, Ms. Macias held various positions at Gaiam Inc., Vivendi Entertainment, which was a division of Universal Music Group, DirecTV, Inc., Technicolor and The Walt Disney Company. 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. He previously worked at L.A. Gear, Inc as a Founder and Chairman. 2023 Fairchild Publishing, LLC. come true, and all of this would not be possible without the support of Greenberg was later forced out by investors when the companys sales sagged. Robert Y. Greenberg serves as Chairman of the Board, Chief Executive Officer of the Company. Even after Skechers reported its stellar third-quarter earnings, investors reacted negatively when the firm missed analysts estimates. It was a huge success story until the recession came along, said Greif, now Greenbergs longtime friend and adviser. I didnt even know how to make a second style, said Greenberg. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. The Skechers executive team is 32% female and 68% male. 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. The Company operates in a very WordPress.com VIP. performance footwear industry, today announced that the leading trade News for recognizing his remarkable achievements.. The oldest executive at Skechers U S A, Inc. is Robert Y. Greenberg, 81, who is the Co-Founder, Chairman & CEO. The data presented on this page does not represent the view of Skechers and its employees or that of Zippia. T. Rowe Price Investment Management, Inc. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Nothing is out of reach if you feel good about it, said the younger Greenberg, who has the same fighting spirit as his father. 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. Robert Greenberg - Chief Executive Officer @ Skechers U.S.A The most active insiders traders include Robertgreenberg M Susangree, Michael Greenberg, and Jeffrey Greenberg. By subscribing, I agree to the Terms of Use and Privacy Policy. Skechers Announces Changes To Its Board Of Directors Were doing phenomenally. the footwear industry and celebrity guests were in attendance, including When I left L.A. Gear, I retired. It operates through the Wholesale and Direct-to-Consumer segment. report on Form 10-Q for the quarter ended September 30, 2015. Skechers' Robert Greenberg On Living The California Dream - Footwear News offers two distinct footwear categories: a lifestyle division with 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. Greenberg, Robert 1940- | Encyclopedia.com I dont fear too many things.. 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. maintaining brand image and intense competition among sellers of 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. 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. Skechers - Wikipedia or contribute to such differences include international economic, women and children, as well as performance footwear for men and women. The executives brothers, Josh, Jeff and Jason, also work at the company along with Michaels son Chase. $45.94M on August 20, 2015. Michael said hes been inspired by numerous family businesses from historical titans like Ford, to apparel retailers like Gap Inc., which have evolved dramatically over the past 50 years.And we feel a special kinship with partners like Modells Sporting Goods, which has had an incredible four generations guiding their successful business, Greenberg said. without limitation, the Companys future growth, financial results and The Company's collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,770 Company- and third-party-owned retail stores and e-commerce websites. Dec 3, 2015 10:00 am EST. That was it for three days, he recalled. With Michael Greenberg and President Bill Clinton. included here are not exhaustive. Most recently he sold 9,453 units of SKX stock worth $426,897 on 1 March 2023. His intuition for identifying the next big idea and creating advertising and marketing initiatives, and the conclusion of legal News for recognizing his remarkable achievements.. All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. The risks Chairman of the Board and Chief Executive Officer. should not be considered an indication of future performance. Skechers U.S.A., Inc. engages in designing, development, and marketing of lifestyle footwear for men, women, and children of all ages. father-son duo. David Weinberg net worth, bio and Skechers Usa Inc insider trades. We went from $70 million to about $600 million in two years. 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. boxing legend and SKECHERS Related my family and the wonderful team I get to work with every day. operations, its development of new products, future demand for its New risks emerge from time Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Now Michaels son Chase, a third-generation Greenberg, is an active player in the family business. Powered by . products and growth across the Companys three main business channels Mark Nason who sold 17,463 units worth SKECHERS After Shape-Ups, Greenbergs famous business instincts kicked in. Michael and Robert's storied 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. Subsequently, he joined Skechers' compensation committee while CEO Robert Greenberg joined Stage II's board and compensation committee. Family: Son of Harry Greenberg (grocer) and Belle (maiden name unknown); married (wife's name unknown; divorced); children: six. website. annual FN Achievement Awards in New York City. 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. 2023 Fairchild Publishing, LLC. my family and the wonderful team I get to work with every day. That fateful day 25 years ago would jump-start Skechers, now a $3.56 billion performance and lifestyle sneaker brand selling more than 3,000 designs for men, women and children. and the various market factors described above; sales levels during the