Alexander KarpAlexander Karp earned $1B in 2024

In 2023, David Weinberg earned $7.81M in total compensation at Skechers, including $3.84M salary, $1.39M bonus and $2.17M in stock. Most recently sold 24,657 shares in Dec 2024. Currently holds stock worth $2.82M. Has donated $288.82K in stock to charitable causes. 6+ years at the helm of Skechers.

Compensation History

Annual executive compensation data for David Weinberg, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$7.81M

Salary

$3.84M

Bonus

$1.39M

Other

$406.21K

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 Compensation

$406.21K

Board Justification

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

Restricted Stock

$2.17M41.67K 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.

S

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 - 55 years ago

CEO of Skechers for

6 years 6 months (May 2019 - Present)

Previous Experience

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

Holdings

Track David Weinberg's stock holdings and portfolio value over time.

Total Stock Sold

$32.47M

SKX

$32.47M

1,082,889 SKX shares

What if they kept their stock?

If David Weinberg didn't sell their stock, today they would have:
Extra SKX1,082,889 shares worth $68.36M.
This is 110.52% and $35.89M more 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

David Weinberg's recent stock transactions, purchases, and sales filed with the SEC.

SKX

$1.66M

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

Rivals

Compare David Weinberg with competitor CEOs and industry peers.