Skechers U.S.A. CEO Robert Greenberg's 2018 pay jumps 252% to $27M
Skechers U.S.A. reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
Skechers U.S.A. reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five executives at Skechers U.S.A. received on average a compensation package of $14M, a 230% increase compared to previous year.
Average pay of disclosed executives at Skechers U.S.A.
Robert Greenberg, Chief Executive Officer, received $27M in total, which increased by 252% compared to 2017. 70% of Greenberg's compensation, or $19M, was in stock awards. Greenberg also received $2.6M in non-equity incentive plan, $4.9M in salary, as well as $583K in other compensation.
For fiscal year 2018, the median employee pay was $12,673 at Skechers U.S.A.. Therefore, the ratio of Robert Greenberg's pay to the median employee pay was 2,159 to one.
Michael Greenberg, President and Director, received a compensation package of $22M, which increased by 315% compared to previous year. 73% of the compensation package, or $16M, was in stock awards.
David Weinberg, Chief Operating Officer, earned $17M in 2018, a 352% increase compared to previous year.
Mark Nason, Executive Vice President of Product Development, received $2.4M in 2018, which increases by 6% compared to 2017.
John Vandemore, Chief Financial Officer, earned $1.3M in 2018, a 39% decrease compared to previous year.
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Source: SEC filing on April 12, 2019.