People: Steven Madden Ltd (SHOO.OQ)
SHOO.OQ on NASDAQ Stock Exchange Global Select Market
53.12USD
4:00pm EDT
53.12USD
4:00pm EDT
Price Change (% chg)
$1.70 (+3.31%)
$1.70 (+3.31%)
Prev Close
$51.42
$51.42
Open
$51.88
$51.88
Day's High
$53.13
$53.13
Day's Low
$50.59
$50.59
Volume
128,735
128,735
Avg. Vol
109,917
109,917
52-wk High
$53.13
$53.13
52-wk Low
$38.42
$38.42
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Edward Rosenfeld |
37 | 2008 | Chairman of the Board, Chief Executive Officer |
Arvind Dharia |
63 | 2004 | Chief Financial Officer, Secretary |
Awadhesh Sinha |
67 | 2005 | Chief Operating Officer |
Amelia Varela |
41 | 2008 | Executive Vice President - Wholesale |
Robert Schmertz |
49 | 2006 | Brand Director |
John Madden |
66 | 1990 | Director |
Peter Migliorini |
64 | 2010 | Presiding Independent Director |
Richard Randall |
75 | 2006 | Independent Director |
Ravi Sachdev |
36 | 2008 | Independent Director |
Thomas Schwartz |
65 | 2004 | Independent Director |
Biographies
| Name | Description |
|---|---|
Edward Rosenfeld |
Mr. Edward R. Rosenfeld is the Chairman of the Board, Chief Executive Officer of the Steven Madden, Ltd. He has served as a director of the Company since February 2008 and has served on the Company’s Investment Committee since April 2008. Mr. Rosenfeld has been Chairman of the Board and Chief Executive Officer since August 2008 after serving as interim Chief Executive Officer of the Company from March 24, 2008 and prior to that, serving as the Executive Vice President of Strategic Planning and Finance of the Company. Mr. Rosenfeld has been a member of the executive management team since joining the Company in May 2005. Prior to joining the Company, Mr. Rosenfeld was a Vice President with Peter J. Solomon Company, an investment banking boutique, where he specialized in mergers and acquisitions in the retail, apparel and footwear industries. Mr. Rosenfeld serves as a director of Summer Search New York City, a non-profit corporation. |
Arvind Dharia |
Mr. Arvind Dharia is the Chief Financial Officer, Secretary of Steven madden, Ltd. He was a director of the Company from December 1993 through May 2004. Mr. Dharia has been Secretary of the Company since 1993. From December 1988 until joining the Company in September 1992, Mr. Dharia was Assistant Controller of Millennium III Real Estate Corp., a real estate management company. |
Awadhesh Sinha |
Mr. Awadhesh K. Sinha is the Chief Operating Officer of Steven Madden, Ltd. Mr. Sinha was a director of the Company, from October 2002 to July 2005, before joining the Company as its Chief Operating Officer. Mr. Sinha was the Chief Operating Officer and Chief Financial Officer of WEAR ME Apparel Inc., a company that designs, manufactures and markets branded and non-branded children’s clothing, from 2003 to July 2005. Prior to that, Mr. Sinha worked for Salant Corporation, a company that designs, manufactures and markets men’s clothing, for 22 years, and held the position of Chief Operating Officer and Chief Financial Officer of Salant Corporation from 1998 to 2003. |
Amelia Varela |
Ms. Amelia Newton Varela is the Executive Vice President - Wholesale of Steven Madden, Ltd. Ms. Varela was Executive Vice President of Wholesale Sales from November 2004 to April 2008. Previously, she was Vice President of Sales for Steve Madden Women’s Wholesale Division from January 2000. Prior to that, she was Account Executive for Steve Madden Women’s Wholesale Division from 1998. Before joining the Company, Ms. Varela was the sales assistant to the Executive Vice President of Sales for Merrin Financial. She graduated from The Fashion Institute of Technology in 1995. |
Robert Schmertz |
Mr. Robert Schmertz is the Brand Director of Steven Madden, Ltd. Mr. Schmertz served as President of Steve Madden Women’s Wholesale Division and Brand Manager from September 2001 through January 2006. Additionally, Mr. Schmertz served as President of Shoe Biz, Inc., formerly a wholly owned subsidiary of Steven Madden Retail, Inc., from May 1998 through August 2001. Before joining the Company, Mr. Schmertz was President of Daniel Scott Inc. from November 1995 to May 1998. Previously, Mr. Schmertz was the East Coast Sales Manager for Impo International from January 1993 through November 1995. From April 1990 to December 1992, Mr. Schmertz served as a sales representative for Espirit de Corp. based in San Francisco, California. |
John Madden |
Mr. John L. Madden is the Director of Steven Madden, Ltd. He has served as a director of the Company since the Company’s inception in 1990 and has served on the Company’s Investment Committee, as its Chair, since April 2008. Since June 2004, Mr. Madden’s business consulting company, JLM Consultants, Inc., has provided consulting services to the Company with respect to international sales. From April 1998 through September 2003, Mr. Madden owned a branch office of Tradeway Securities Group, Inc., a brokerage firm, in Florida. From May 1996 through December 1996, Mr. Madden’s consulting company, JLM Consultants, Inc., acted as a branch office of Merit Capital, Inc., a brokerage firm. From May 1994 to May 1996, Mr. Madden served as Vice President of Investments for GKN Securities, Inc.. a brokerage firm. From August 1993 to April 1994, Mr. Madden was employed by Biltmore Securities, Inc., a brokerage firm, as Managing Director and registered sales representative. |
Peter Migliorini |
Mr. Peter Migliorini is Presiding Independent Director of Steven Madden, Ltd. He has served as a director of the Company since October 1996 and has served on the Company’s Audit Committee since October 1996, the Nominating/Corporate Governance Committee, as its Chair, since July 2004 and the Compensation Committee, as its Chair, since July 2004. Mr. Migliorini is also Presiding Director over all executive sessions of the independent directors. Mr. Migliorini has been Sales Manager for Greschlers, Inc., a building supplies company, since 1994. From 1987 to 1994, Mr. Migliorini served as Director of Operations for Mackroyce Group, a construction company. Prior to 1987, Mr. Migliorini held various positions of increasing responsibility from Assistant Buyer to Chief Planner/Coordinator for several shoe companies, including Meldisco Shoes, Perry Shoes and Fasco Shoes. |
Richard Randall |
Mr. Richard P. Randall is the Independent Director of Steven Madden, Ltd. He has served as a director of the Company since April 2006 and has served on the Company’s Audit Committee, as its Chair, since 2006, on the Nominating/Corporate Governance Committee since September 2008 and on the Investment Committee since April 2008. Mr. Randall was the Executive Vice President and Chief Financial Officer of Direct Holdings Worldwide, LLC, the parent company of Lillian Vernon Corp., a catalog and online retailer of gifts and household goods, and Time-Life, a music and video marketing company, from 2002 until his retirement in June 2005. Prior to 2002, Mr. Randall served as Senior Vice President and Chief Financial Officer of Coach, Inc., a luxury leather goods company, and Chief Operating Officer and Chief Financial Officer of Lillian Vernon Corp. from 2000 to 2001 and 1998 to 2000, respectively. Currently, Mr. Randall serves as a director, a member of the Nominating and Governance Committee and chairs the Audit and Risk Committee of Aceto Corporation, a pharmaceutical, nutraceutical and chemical distribution company. Mr. Randall also serves as a director and chairs the Audit Committee of The Burke Rehabilitation Hospital and also serves as a member of the Executive, Finance, and Research Committees of the hospital. Mr. Randall served as a director and chair of the Audit Committee of Universal Travel Group, a travel services provider in the People’s Republic of China, and of Home Systems Group, a manufacturer and distributor of household appliances in the People’s Republic of China, from 2007 until 2008 when he resigned from these boards. |
Ravi Sachdev |
Mr. Ravi Sachdev is Independent Director of the Steven Madden, Ltd. He has served as a director of the Company since September 2008 and has served on the Company’s Audit Committee since September 2008. Mr. Sachdev joined J.P. Morgan, a global investment bank, as a Managing Director in November 2010, and focuses on the healthcare services subsector. Previously, Mr. Sachdev was a Managing Director at Deutsche Bank Securities, Inc. (“Deutsche Bank”) from January 2009 and prior to that held the position of Director at Deutsche Bank from January 2007 until January 2009. Mr. Sachdev joined Deutsche Bank in 2006 as a Vice President. Prior to joining Deutsche Bank, Mr. Sachdev was a Vice President at Peter J. Solomon Company, an investment banking boutique, specializing in mergers and acquisitions in the healthcare sector, from 1998 to 2006. |
Thomas Schwartz |
Mr. Thomas H. Schwartz is the Independent Director of Steven Madden, Ltd. He has served as a director of the Company since May 2004 and has served on the Company’s Compensation Committee since July 2004. Since March 2007, Mr. Schwartz has been the Chief Executive Officer and sole owner of Sumner and Forge Investors LLC, a company that invests in real estate and manages properties in which it holds ownership interests. Previously, Mr. Schwartz was a Managing Director of Helmsley-Spear, Inc., a real estate brokerage and management company, from 1984 to March 2007. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Edward Rosenfeld |
1,699,650 |
Arvind Dharia |
1,529,450 |
Awadhesh Sinha |
1,177,590 |
Amelia Varela |
1,196,260 |
Robert Schmertz |
782,500 |
John Madden |
-- |
Peter Migliorini |
-- |
Richard Randall |
-- |
Ravi Sachdev |
-- |
Thomas Schwartz |
1,810,110 |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Edward Rosenfeld |
5,333 | 153,377 |
Arvind Dharia |
213,831 | 3,088,680 |
Awadhesh Sinha |
65,002 | 1,237,744 |
Amelia Varela |
141,124 | 3,459,760 |
Robert Schmertz |
217,188 | 1,232,160 |
John Madden |
0 | 0 |
Peter Migliorini |
0 | 0 |
Richard Randall |
0 | 0 |
Ravi Sachdev |
0 | 0 |
Thomas Schwartz |
100,000 | 1,028,600 |
| Name | Shares Traded | Price |
|---|---|---|
DHARIA ARVIND |
40,000 | $8.35 |
MIGLIORINI PETER |
2,098 | $0.00 |
SACHDEV RAVI |
2,098 | $0.00 |
SCHWARTZ THOMAS H |
2,098 | $0.00 |
RANDALL RICHARD P |
2,098 | $0.00 |
MADDEN STEVEN H |
82,300 | $47.57 |
MADDEN STEVEN H |
17,700 | $48.19 |
SCHWARTZ THOMAS H |
1,500 | $48.31 |
SCHWARTZ THOMAS H |
3,000 | $48.33 |
SCHWARTZ THOMAS H |
2,000 | $48.32 |
SCHWARTZ THOMAS H |
2,500 | $48.23 |
SCHMERTZ ROBERT |
42,187 | $8.35 |
SCHMERTZ ROBERT |
42,187 | $48.32 |
ROSENFELD EDWARD R |
7,500 | $44.68 |
ROSENFELD EDWARD R |
20,000 | $0.00 |
SCHMERTZ ROBERT |
11,043 | $0.00 |
SCHMERTZ ROBERT |
11,300 | $44.65 |
VARELA AMELIA NEWTON |
10,000 | $0.00 |
SCHMERTZ ROBERT |
6,700 | $44.81 |
MADDEN STEVEN H |
100,000 | $44.73 |
MADDEN JOHN L |
13,500 | $44.69 |
SCHMERTZ ROBERT |
16,667 | $0.00 |
MADDEN JOHN L |
48,008 | $0.00 |
ROSENFELD EDWARD R |
100,000 | $0.00 |
VARELA AMELIA NEWTON |
42,186 | $8.35 |

