David Weinberg has been promoted as chief operating officer of Skechers after serving as chief financial officer of the company for the last 12 years. A company statement indicates that he will focus on building up Skechers’ international and e-commerce divisions, among other things. Weinberg’s position is taken over by Fred Schneider, a member of the company’s board of directors and chairman of its audit committee. Morton Erlich, who left KPMG in 2004 after 34 years, replaces Schneider in turn. With Skechers’ sales for the 4th quarter of 2005 expected to be at the top end of a previous guidance of $210-220 million, the company should be in a position to announce soon that it has broken the $1 billion barrier in 2005.