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Reuters
Published
Sep 9, 2009
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Skechers says CFO to leave

By
Reuters
Published
Sep 9, 2009

Sept 9 (Reuters) - Skechers USA Inc's (SKX.N) Chief Financial Officer Fred Schneider will be leaving the company to pursue other interests, the footwear maker said on Wednesday 9 September.

Skechers

Schneider will stay with the company through February 2010, and Chief Operating Officer David Weinberg will take up the added responsibilities of CFO, a position he held from 1994 to 2006, Skechers said in a statement.

"Fred has made significant contributions to Skechers, and most notable was his recent leadership and hard work in securing our $250 million, syndicated credit facility," the COO said in a statement.

Shares of the Manhattan Beach, California-based company had closed at $18.51 Tuesday 8 September on the New York Stock Exchange. (Reporting by Nivedita Bhattacharjee in Bangalore; Editing by Aradhana Aravindan) (([email protected] ; within U.S. +1 646223 8780; Outside U.S. +91 804135 5800; Reuters messaging: [email protected]))

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