Personal flights aboard Skechers USA Inc.’s two corporate jets by three of the footwear company’s top executives far exceeded similar perks offered to senior leaders of much bigger companies even before the Covid-19 pandemic triggered a spike in private aircraft usage, an attorney argued Wednesday before Delaware’s highest court.
A Skechers shareholder wants to reverse a Feb. 2, 2024, Delaware Chancery Court opinion that rejected claims its board failed to police excessive personal use of its two planes by CEO Robert Greenberg, COO David Weinberg, and Michael Greenberg, Skechers’ president and the CEO’s son.
That opinion was contradicted by a ...
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