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Robert Y Greenberg

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BUSINESS
March 21, 1991 | STUART SILVERSTEIN, TIMES STAFF WRITER
L.A. Gear's chairman, Robert Y. Greenberg, is planning to work for free until the sneaker firm makes money again. But he is not getting much sympathy. L.A. Gear also disclosed Wednesday that Greenberg earned $3.47 million in cash compensation last year, while its No. 2 executive, Sandy Saemann, received $2.54 million. That came in a fiscal year when L.A. Gear's earnings fell 43% to $31.
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BUSINESS
October 26, 1993 | JILL BETTNER, TIMES STAFF WRITER
Two years ago, Robert Greenberg was forced out of L.A. Gear, the company he founded and built to nearly $1 billion of sales in the '80s, notable for its trendy footwear for women, including rhinestone-trimmed sneakers. Now Greenberg is back in the shoe business. And this time he is riding a '90s trend. Greenberg's new company, Skechers USA Inc., based in Manhattan Beach, is one of only two U. S. distributors of the clunky but popular Dr.
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BUSINESS
July 31, 1989 | LINDA WILLIAMS, Times Staff Writer
On a visit to New York in December, 1986, L.A. Gear Executive Vice President Elliot J. Horowitz couldn't find the company's athletic shoes in any store. On a return trip just two months later, he says, "we were all over the city." Having taken both coasts by storm, the Los Angeles-based company is marching into the heartland, winning the soles of teen-age girls with fashionable high-tops adorned with splashes of bright color, baubles and rhinestones.
BUSINESS
September 23, 1992 | From Times Staff and Wire Reports
L.A. Gear Founder Sells Remaining Stock: Robert Greenberg, who founded L.A. Gear Inc. and was at one time the largest single shareholder, has sold the last of his stock in the athletic footwear company. Greenberg sold his remaining stock--835,000 shares, amounting to about 4% of total equity in the company--last week. Greenberg, who once owned about 18% of the company's stock, resigned last January from his post as L.A. Gear's chief executive.
BUSINESS
September 23, 1992 | From Times Staff and Wire Reports
L.A. Gear Founder Sells Remaining Stock: Robert Greenberg, who founded L.A. Gear Inc. and was at one time the largest single shareholder, has sold the last of his stock in the athletic footwear company. Greenberg sold his remaining stock--835,000 shares, amounting to about 4% of total equity in the company--last week. Greenberg, who once owned about 18% of the company's stock, resigned last January from his post as L.A. Gear's chief executive.
BUSINESS
October 26, 1993 | JILL BETTNER, TIMES STAFF WRITER
Two years ago, Robert Greenberg was forced out of L.A. Gear, the company he founded and built to nearly $1 billion of sales in the '80s, notable for its trendy footwear for women, including rhinestone-trimmed sneakers. Now Greenberg is back in the shoe business. And this time he is riding a '90s trend. Greenberg's new company, Skechers USA Inc., based in Manhattan Beach, is one of only two U. S. distributors of the clunky but popular Dr.
BUSINESS
January 27, 1992 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Robert Greenberg announced Sunday that he is stepping aside as chairman and chief executive of troubled L.A. Gear, the latest in a series of executive suite changes designed to bolster the sneaker maker's slipping fortunes. Greenberg, a co-founder of the nation's third-largest athletic shoe manufacturer, will be replaced by Stanley P. Gold, the general partner of Trefoil Capital Investors, which purchased a 34% stake in L.A. Gear last May for $100 million. The change is effective immediately.
BUSINESS
September 14, 1989 | BRUCE HOROVITZ, Times Staff Writer
Michael Jackson is the $20-million corporate spokesman who won't speak. "Protect me. . . . Don't let them ask me any questions," Jackson whispered Wednesday morning to a top executive from L.A. Gear, moments after the enigmatic pop star told a Hollywood Palladium full of reporters that he was "very happy" to be a part of the L.A. Gear team. By next spring, Jackson will be starring in L.A. Gear commercials. In the meantime he will help design and market a new line of L.A. Gear shoes.
NEWS
December 20, 1988
L.A. Gear Inc. announced today that it has applied for registration and listing with the New York Stock Exchange. The application applies to the Los Angeles-based company's common stock, now traded on the NASDAQ National Market System under the symbol LAGR. "We hope that L.A. Gear and its shareholders will benefit from the NYSE listing's higher profile, which should enhance the company's visibility to the press and to individual and institutional investors throughout the world," said Robert Y.
BUSINESS
January 27, 1992 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Robert Greenberg announced Sunday that he is stepping aside as chairman and chief executive of troubled L.A. Gear, the latest in a series of executive suite changes designed to bolster the sneaker maker's slipping fortunes. Greenberg, a co-founder of the nation's third-largest athletic shoe manufacturer, will be replaced by Stanley P. Gold, the general partner of Trefoil Capital Investors, which purchased a 34% stake in L.A. Gear last May for $100 million. The change is effective immediately.
BUSINESS
March 21, 1991 | STUART SILVERSTEIN, TIMES STAFF WRITER
L.A. Gear's chairman, Robert Y. Greenberg, is planning to work for free until the sneaker firm makes money again. But he is not getting much sympathy. L.A. Gear also disclosed Wednesday that Greenberg earned $3.47 million in cash compensation last year, while its No. 2 executive, Sandy Saemann, received $2.54 million. That came in a fiscal year when L.A. Gear's earnings fell 43% to $31.
BUSINESS
July 31, 1989 | LINDA WILLIAMS, Times Staff Writer
On a visit to New York in December, 1986, L.A. Gear Executive Vice President Elliot J. Horowitz couldn't find the company's athletic shoes in any store. On a return trip just two months later, he says, "we were all over the city." Having taken both coasts by storm, the Los Angeles-based company is marching into the heartland, winning the soles of teen-age girls with fashionable high-tops adorned with splashes of bright color, baubles and rhinestones.
BUSINESS
February 14, 1989 | MARTHA GROVES
L.A. Gear, a leading maker of trendy athletic footwear whose stock has been soaring for the past year in over-the-counter trading, leaped onto the Big Board on Monday. Appropriately enough, the New York Stock Exchange assigned the company the ticker symbol "LA." In its first day of trading on the exchange, the price closed at $34 a share, 62.5 cents above Friday's last over-the-counter price. More than 483,000 shares traded hands. Robert Y. Greenberg, L.A.
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