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Companies Skechers USA Inc

Skechers USA (SKX): executive pay, fiscal 2024

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CEO total pay$23,525,357CEO Robert Greenberg · source
Say-on-pay support72.13%Latest vote · source
CEO vs. named peers87th pct.Of 15 peer CEOs

CEO pay, last three years

  • $22,061,848FY2022
  • $18,837,938FY2023
  • $23,525,357FY2024

CEO total pay was $23,525,357 in fiscal 2024, up from $18,837,938 in fiscal 2023.

FY2024: salary $7,031,198 · stock awards $8,405,699 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Skechers USA Inc in fiscal 2024?
As disclosed, Robert Greenberg (Chairman of the Board and Chief Executive Officer) was the highest-paid executive at Skechers USA Inc in fiscal 2024, with total compensation of $23,525,357.
How does Skechers USA Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Robert Greenberg's total compensation ranked at the 87th percentile of Skechers USA Inc's disclosed peer group.
How did shareholders vote on Skechers USA Inc's executive compensation?
As disclosed, 72.13% of shareholders supported Skechers USA Inc's executive compensation in the latest say-on-pay vote.
How much does Skechers USA Inc spend in total on board compensation for fiscal 2024?
As disclosed, Skechers USA Inc reported total board compensation of $1,819,350 for fiscal 2024.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Robert Greenberg$7,031,198—$8,405,699$0$7,267,571$0$820,889$23,525,357
Chairman of the Board and Chief Executive Officer
Michael Greenberg5,692,00006,841,52403,876,0390706,61417,116,177
President and Director
David Weinberg4,147,00005,467,58702,907,0290598,22713,119,843
Executive Vice President, Chief Operating Officer and Director
John Vandemore1,696,00003,522,93701,938,021013,8007,170,758
Chief Financial Officer
Mark Nason2,700,00014,7172,113,75001,453,515024,6036,306,585
Executive Vice President of Product Development

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Robert Greenberg$23,525,357$18,837,938$22,061,848↑ +4,687,419
Michael Greenberg17,116,17713,909,34715,489,210↑ +3,206,830
David Weinberg13,119,84310,510,07411,794,354↑ +2,609,769
John Vandemore7,170,7585,348,8806,006,262↑ +1,821,878
Mark Nason6,306,5854,800,4405,314,719↑ +1,506,145

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The basic compensation philosophy of the Compensation Committee is to provide competitive salaries and incentives to executive officers in order to promote superior financial performance. The Compensation Committee believes that compensation paid to executive officers should be closely aligned with our performance, linked to specific, measurable results intended to create value for stockholders, and that such compensation should assist us in attracting and retaining key executives critical to our long-term success.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policyTrue
Anti-hedgingtrue
Anti-pledgingfalse
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael GreenbergPSU2024-03-15—48,550—97,100$3,884,343
Robert GreenbergPSU2024-03-15—59,650—119,3004,772,417
Mark NasonPSU2024-03-15—15,000—30,0001,200,100
John VandemorePSU2024-03-15—25,000—50,0002,000,187
David WeinbergPSU2024-03-15—38,800—77,6003,104,279
Robert GreenbergRSU2024-03-15——59,650—3,633,282
Mark NasonRSU2024-03-15——15,000—913,650
John VandemoreRSU2024-03-15——25,000—1,522,750
David WeinbergRSU2024-03-15——38,800—2,363,308
Michael GreenbergRSU2024-03-15——48,550—2,957,181

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Greenberg$2,957,181$3,884,343$056.8%
Robert Greenberg3,633,2824,772,417056.8%
Mark Nason913,6501,200,100056.8%
John Vandemore1,522,7502,000,187056.8%
David Weinberg2,363,3083,104,279056.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
John VandemoreRSU3,750—$252,150
Mark NasonRSU3,750—252,150
Mark NasonRSU5,000—336,200
Mark NasonRSU7,500—504,300
John VandemoreRSU8,334—560,378
Mark NasonRSU10,000—672,400
Mark NasonRSU10,080—677,779
Mark NasonRSU10,500—706,020
David WeinbergRSU12,500—840,500
David WeinbergRSU12,934—869,682
John VandemoreRSU15,000—1,008,600
Mark NasonRSU15,000—1,008,600
Mark NasonPSU15,000—1,008,600
GreenbergRSU15,625—1,050,625
GreenbergRSU16,184—1,088,212
GreenbergRSU18,750—1,260,750
GreenbergRSU19,884—1,337,000
John VandemoreRSU20,000—1,344,800
John VandemoreRSU20,080—1,350,179
John VandemoreRSU20,932—1,407,468
Mark NasonPSU21,000—1,412,040
John VandemoreRSU25,000—1,681,000
David WeinbergRSU25,000—1,681,000
Mark NasonPSU25,000—1,681,000
John VandemorePSU30,000—2,017,200
GreenbergRSU31,250—2,101,250
David WeinbergRSU33,334—2,241,378
David WeinbergRSU33,500—2,252,540
David WeinbergRSU34,932—2,348,828
GreenbergRSU37,500—2,521,500
David WeinbergRSU38,800—2,608,912
John VandemorePSU41,666—2,801,622
GreenbergRSU41,666—2,801,622
John VandemorePSU41,868—2,815,204
GreenbergRSU41,900—2,817,356
GreenbergRSU43,732—2,940,540
GreenbergRSU48,550—3,264,502
GreenbergRSU50,000—3,362,000
David WeinbergPSU50,000—3,362,000
GreenbergRSU51,532—3,465,012
GreenbergRSU51,533—3,465,079
GreenbergRSU59,650—4,010,866
GreenbergPSU62,500—4,202,500
David WeinbergPSU64,666—4,348,142
David WeinbergPSU69,868—4,697,924
GreenbergPSU75,000—5,043,000
GreenbergPSU80,916—5,440,792
GreenbergPSU87,468—5,881,348
GreenbergPSU99,416—6,684,732
GreenbergPSU103,068—6,930,292
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Morton ErlichIndependent · Lead Independent Director · Audit (Chair) · Compensation$225,000$204,870$0—$0$429,870
Katherine BlairIndependent · Audit · Compensation (Chair)160,000204,8700—0364,870
Richard SiskindIndependent · Audit · Nominating and Governance (Chair)160,000204,8700—0364,870
Yolanda MaciasIndependent · Audit125,000204,8700—0329,870
Zulema GarciaIndependent · Audit · Compensation125,000204,8700—0329,870
Michael GreenbergEmployee director000—00
David WeinbergEmployee director000—00
Robert GreenbergEmployee director · Board Chair · Not standing for re-election000—00

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$204,870
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)50,000 / 35,000 / 35,000
Stock ownership guideline3x annual cash retainer

Total cost of the board

ComponentFY2024
Cash retainers and fees$795,000
Equity awards (grant-date value)$1,024,350
All other compensation$0
Total cost of the board$1,819,350

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Skechers USA as a peer

Companies that benchmark against SKX

10 companies name SKX as a compensation peer

Each company listed discloses SKX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SKX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2024

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Skechers USA Inc names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Tapestry2026Joanne Crevoiserat$1,440,385$23,906,536$2,750,223$5,800,000$33,986,485
2Lululemon Athletica2025Calvin McDonald1,393,2697,800,00113,800,030994,79424,023,294
3Skechers USA Inc2024Robert Greenberg7,031,1988,405,69907,267,57123,525,357
4Ralph Lauren2026Patrice Louvet1,350,00013,710,17908,100,00023,264,269
5Hasbro2025Chris Cocks1,500,00010,500,09906,000,00018,672,521
6PVH Corp.2025Stefan Larsson1,450,00012,200,530—2,142,23016,165,385
7Levi Strauss2025Michelle Gass1,475,0008,129,3183,144,8993,032,96916,145,173
8Mattel2025Ynon Kreiz1,600,00010,821,99602,473,36015,060,621
9Hanesbrands2024Stephen Bratspies1,250,0008,284,39903,306,73912,933,300
10G-III Apparel Group2026Morris Goldfarb1,386,9235,999,976—4,832,00012,508,253
11Capri Holdings2026John Idol1,350,0004,999,99405,400,00011,909,990
12Deckers Outdoor2026Stefano Caroti1,236,5386,999,94703,607,91511,904,992
13Under Armour2026Kevin Plank903,4629,040,000510,0001,128,15011,597,975
14Wolverine World Wide2025Christopher Hufnagel1,192,3085,800,02302,663,85410,854,729
15Carter's2025Douglas Palladini882,8034,955,42401,225,2007,496,679
16Columbia Sportswear2025Timothy Boyle1,080,000001,938,7203,036,220

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Skechers USA Incnot disclosedPSU 50 · RSU 50Yes — Relative TSRFW Cook
Capri Holdings200%RSU 100not disclosedWillis Towers Watson (WTW)
Carter's91%RSU 100NoMeridian Compensation Partners, LLC
Columbia Sportswear57%not disclosedYes — three year relative total shareholder return (Relative TSR)FW Cook
Deckers Outdoor173%PSU 60 · RSU 40Yes — Total Stockholder Return (TSR)Frederic W. Cook & Co., Inc.
G-III Apparel Groupnot disclosedPSU 60 · RSU 40not disclosedCompensation Advisory Partners (CAP)
Hanesbrandsnot disclosedPSA 60 · RSU 40Yes — 3-Year rTSR (3-Year Cumulative)FW Cook
Hasbro200%PSU 50 · RSU 50NoMeridian Compensation Partners LLC
Levi Strauss110%PSU 50 · Options 25 · RSU 25Yes — Relative TSRSemler Brossy
Lululemon Athletica35.7%PSU 60 · RSU 20 · Options 20NoWTW (Willis Towers Watson)
Mattel71.9%PSU 75 · RSU 25Yes — Three-Year Relative TSR vs. S&P 500 constituentsFW Cook
PVH Corp.73.87%PSU 50 · RSU 50Yes — relative TSRFrederic W. Cook & Co. (FW Cook)
Ralph Lauren200%PSU 50 · RSU 50Yes — Relative TSRKorn Ferry
Tapestrynot disclosedPSU 50 · Options 25 · RSU 25Yes — Relative TSRFW Cook
Under Armour60%RSU 100NoWillis Towers Watson
Wolverine World Wide172.4%PSU 70 · RSU 30Yes — Absolute TSRFrederic W. Cook & Co.

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-06-12227,654,41487,959,352320,85772.13%Passed
20202020-05-21282,309,68551,554,1541,094,50584.56%Passed
20172017-05-23326,665,6296,709,854419,86997.99%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20232023-06-1272.13%a
20202020-05-2184.56%b
20172017-05-2397.99%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (48 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Robert Greenberg. DEF 14A, filed 2025-04-08. Section “Summary Compensation Table” · page 32. As printed: 23,525,357. View filing ↗
  • Section 01, Michael Greenberg. DEF 14A, filed 2025-04-08. Section “Summary Compensation Table”. As printed: 17,116,177. View filing ↗
  • Section 01, David Weinberg. DEF 14A, filed 2025-04-08. Section “Summary Compensation Table”. As printed: 13,119,843. View filing ↗
  • Section 01, John Vandemore. DEF 14A, filed 2025-04-08. Section “Summary Compensation Table”. As printed: 7,170,758. View filing ↗
  • Section 01, Mark Nason. DEF 14A, filed 2025-04-08. Section “Summary Compensation Table”. As printed: 6,306,585. View filing ↗
  • Section 03, Michael Greenberg PSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Greenberg PSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Mark Nason PSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Vandemore PSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, David Weinberg PSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Greenberg RSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Mark Nason RSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Vandemore RSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, David Weinberg RSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Greenberg RSU. DEF 14A, filed 2025-04-08. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 08, Morton Erlich. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 429,870. View filing ↗
  • Section 08, Katherine Blair. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 364,870. View filing ↗
  • Section 08, Richard Siskind. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 364,870. View filing ↗
  • Section 08, Yolanda Macias. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 329,870. View filing ↗
  • Section 08, Zulema Garcia. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 329,870. View filing ↗
  • Section 08, Michael Greenberg. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, David Weinberg. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Robert Greenberg. DEF 14A, filed 2025-04-08. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-06-16. Item 5.07 · say-on-pay result. As reported: 72.13% (votes for as printed: 227,654,414). View filing ↗
  • Section 06, 2020 vote. Form 8-K, filed 2020-05-26. Item 5.07 · say-on-pay result. As reported: 84.56%. View filing ↗
  • Section 06, 2017 vote. Form 8-K, filed 2017-05-24. Item 5.07 · say-on-pay result. As reported: 97.99%. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 795,000 + equity 1,024,350 + all other 0 = 1,819,350, summed across the director compensation table rows.
  • Tapestry, Section 10b CEO total. DEF 14A, filed 2026-09-25. CEO total compensation as printed in Tapestry's own proxy. As printed: 33,986,485. View filing ↗
  • Lululemon Athletica, Section 10b CEO total. DEF 14A, filed 2026-05-18. CEO total compensation as printed in Lululemon Athletica's own proxy. As printed: 24,023,294. View filing ↗
  • Skechers USA Inc (subject), Section 10b CEO total. DEF 14A, filed 2025-04-08. CEO total compensation as printed in Skechers USA Inc's own proxy. As printed: 23,525,357. View filing ↗
  • Ralph Lauren, Section 10b CEO total. DEF 14A, filed 2026-06-18. CEO total compensation as printed in Ralph Lauren's own proxy. As printed: 23,264,269. View filing ↗
  • Hasbro, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Hasbro's own proxy. As printed: 18,672,521. View filing ↗
  • PVH Corp., Section 10b CEO total. DEF 14A, filed 2026-05-08. CEO total compensation as printed in PVH Corp.'s own proxy. As printed: 16,165,385. View filing ↗
  • Levi Strauss, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Levi Strauss's own proxy. As printed: 16,145,173. View filing ↗
  • Mattel, Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in Mattel's own proxy. As printed: 15,060,621. View filing ↗
  • Hanesbrands, Section 10b CEO total. DEF 14A, filed 2025-03-17. CEO total compensation as printed in Hanesbrands's own proxy. As printed: 12,933,300. View filing ↗
  • G-III Apparel Group, Section 10b CEO total. DEF 14A, filed 2026-05-05. CEO total compensation as printed in G-III Apparel Group's own proxy. As printed: 12,508,253. View filing ↗
  • Capri Holdings, Section 10b CEO total. DEF 14A, filed 2026-06-16. CEO total compensation as printed in Capri Holdings's own proxy. As printed: 11,909,990. View filing ↗
  • Deckers Outdoor, Section 10b CEO total. DEF 14A, filed 2026-07-24. CEO total compensation as printed in Deckers Outdoor's own proxy. As printed: 11,904,992. View filing ↗
  • Under Armour, Section 10b CEO total. DEF 14A, filed 2026-07-15. CEO total compensation as printed in Under Armour's own proxy. As printed: 11,597,975. View filing ↗
  • Wolverine World Wide, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Wolverine World Wide's own proxy. As printed: 10,854,729. View filing ↗
  • Carter's, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Carter's's own proxy. As printed: 7,496,679. View filing ↗
  • Columbia Sportswear, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Columbia Sportswear's own proxy. As printed: 3,036,220. View filing ↗
  • Section 10a, Deckers Outdoor reciprocity. DEF 14A. Deckers Outdoor names Skechers USA Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, G-III Apparel Group reciprocity. DEF 14A. G-III Apparel Group names Skechers USA Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Under Armour reciprocity. DEF 14A. Under Armour names Skechers USA Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
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