Sundar PichaiSundar Pichai earned $164M in 2023

David Weinberg is the Chief Operating Officer at Skechers U.S.A., Inc., a role he has held since 2006. He graduated with a Bachelor's degree in Business Administration from the University of Southern California (USC). His career started at Skechers, where...

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David Weinberg

CEO of Skechers

Education

Bachelor's degree in Business Administration from the University of Southern California (USC)

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

May 15, 1970 - 54 years ago

CEO of Skechers for

5 years 10 months (May 2019 - Present)

Previous Experience

Chief Operating Officer of Skechers U.S.A., Inc. since 2006

Holdings

See how much did David Weinberg make over time.

David Weinberg’s stake in Skechers stock has seen noticeable changes over the years. Notably, in 2019, his holdings were valued at around $16.84 million, showing a peak during that year's strong market performance. Following that, there was a general decline...

Mar 17, 2025

Total Stock Sold

$28.64M

SKX

$28.64M

1,066,451 SKX shares

What if they kept their stock?

If David Weinberg didn't sell their stock, today they would have:
Extra SKX1,066,451 shares worth $25.27M.
This is -11.74% and $3.36M less than what they got when they sold the stock.

Charitable Transactions

SKX

4,575 shares

SKX

Recent Charitable Transactions

SKX

4,575 shares

SKX

Aug 11, 2023

Charity

Insider Trading

See recent insider trades of David Weinberg.

SKX

$554.61K

SKX at $67.48/share

Dec 30, 2024

Sale

SKX

79,810 shares

SKX

Mar 14, 2024

Received

SKX

$1.24M

SKX at $61.11/share

Mar 14, 2024

Sale

SKX

$1.26M

SKX at $61.08/share

Mar 1, 2024

Sale

SKX

$3.90M

SKX at $57.87/share

Feb 7, 2024

Sale

SKX

131,712 shares

SKX

Feb 7, 2024

Received

SKX

4,575 shares

SKX

Aug 11, 2023

Charity

SKX

50,250 shares

SKX

Mar 10, 2023

Received

SKX

$569.20K

SKX at $45.16/share

Mar 1, 2023

Sale

SKX

$355.36K

SKX at $42.29/share

Jan 3, 2023

Sale

Compensation History

See how much did David Weinberg make over time.

In 2023, David Weinberg’s total compensation at Skechers reached approximately $10.5 million. This includes a base salary of $3.84 million, bonuses tied to performance metrics, and other benefits. His annual cash incentive is based on achieving specific financial goals, which emphasizes his focus on driving the company’s sales growth. The bonuses, calculated quarterly on net sales, show a transparent link between his work and compensation. Notably, the compensation structure reflects an alignment with company performance, as opposed to fixed pay. Through his strategic operations, he has effectively positioned Skechers to succeed even during challenging times. Over the past few years, he maintained a strong focus on long-term goals that resonate with shareholder interests, including growing the company’s international presence.

Year

2023

Total Compensation

$7.81M

Salary

$3.84M

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, focusing on attracting and retaining key executives while promoting long-term shareholder value.

Bonus

$1.39M

Board Justification

Annual cash incentive based on the achievement of financial goals, calculated quarterly based on net sales growth.

Other

$406.21K

Board Justification

Includes financial planning, automobile usage, health insurance premiums, and other perquisites.

Restricted Stock

$2.17M(41.67K RSU)

Board Justification

Restricted stock awards that vested in 2023 based on performance metrics achieved during the year.

Performance Metrics

Sales growth, EPS growth, and total shareholder return (TSR) relative to the S&P Retail Select Industry Index.

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