Skechers Names New CFO

Skechers USA said Wednesday it has hired John Vandemore to be its chief financial officer, effective within the next few weeks. Vandemore, who recently served as CFO of Mattel Inc., will assume the role from David Weinberg, who assumed the CFO role in 2009 in addition to being chief operating officer since 2006. Vandemore will report to Weinberg.

As the CFO of Skechers, Vandemore will be responsible for overseeing the company’s reporting and filing obligations before the United States Securities and Exchange Commission, and for directing the company’s overall financial policies, including accounting, budget, credit, insurance, tax and treasury.

“With the pace of international growth we’ve been experiencing at Skechers, the addition of John [Vandemore] means I can truly focus more attention on the rapidly growing segments of our international countries, as well as those that we see having strong potential,” said Weinberg, in a company press release. “Our success brings with it the challenge of increased pressure on reporting, and John’s experience, most notably at The Walt Disney Company and Mattel, is proof that he’ll be an essential asset to me and the senior team moving forward. Further, I believe John will be key in ensuring that our financial strategy supports growth efficiency in tune with meeting our ongoing filing obligations.”