CFO to leave Skechers

10/09/2009

Fred Schneider, chief financial officer at California-based Skechers, is resigning in order to pursue other interests. He plans to remain with the company until February 2010.

David Weinberg will continue to act as both the chief operating officer and assume the additional responsibilities of chief financial officer, a position he held from 1994-2006.

"I have enjoyed serving as part of the Skechers senior management team and will miss being part of such a dynamic and energetic company," said Mr Schneider. "With the company well positioned for the foreseeable future, I am confident that now is the right time to depart. I am committed to working closely with David [Weinberg] and the finance team to facilitate a smooth transition over the coming months."

Mr Weinberg said: "Fred has been a valuable leader and we thank him for his guidance and commitment to the company for the past three-plus years as CFO, and prior to that as chairman of the Audit Committee. Fred has made significant contributions to Skechers.”