Footwear designer Skechers USA Inc has announced the election of Fred Schneider to its board of directors and audit committee.

Schneider, who served as Skechers' first audit partner at accounting firm KPMG Peat Marwick, replaces Thomas Poletti on the board.

"We are fortunate in our strong management team and board of directors who have guided the company to its present position as an international corporation," Skechers CEO Robert Greenberg commented.

"Fred Schneider is an important addition to our board, and his expertise gained as an audit partner and financial consultant will aid us in effectively and efficiently managing our business as a leading lifestyle brand."

Poletti stepped down from the Skechers board after the introduction of new independence rules by the Securities and Exchange Commission, which prohibit paid advisors and consultants from serving as outside board members.