Skechers U.S.A. CEO Robert Greenberg's 2019 pay falls 50% to $14M
Skechers U.S.A. reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
Skechers U.S.A. reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, five executives at Skechers U.S.A. received on average a compensation package of $7.6M, a 45% decrease compared to previous year.
Average pay of disclosed executives at Skechers U.S.A.
Robert Greenberg, Chief Executive Officer, received $14M in total, which decreased by 50% compared to 2018. 38% of Greenberg's compensation, or $5.2M, was in salary. Greenberg also received $3.8M in non-equity incentive plan, $3.9M in stock awards, as well as $803K in other compensation.
For fiscal year 2019, the median employee pay was $47,634 at Skechers U.S.A.. Therefore, the ratio of Robert Greenberg's pay to the median employee pay was 288 to one.
Michael Greenberg, President and Director, received a compensation package of $11M, which decreased by 52% compared to previous year. 40% of the compensation package, or $4.2M, was in salary.
David Weinberg, Chief Operating Officer, earned $7.3M in 2019, a 56% decrease compared to previous year.
Mark Nason, Executive Vice President of Product Development, received $4.1M in 2019, which increases by 72% compared to 2018.
John Vandemore, Chief Financial Officer, earned $2.3M in 2019, a 76% increase compared to previous year.
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Source: SEC filing on April 9, 2020.