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United States

Steven Madden Ltd (SHOO.OQ)

SHOO.OQ on NASDAQ Stock Exchange Global Select Market

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9 Dec 2016
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Summary

Name Age Since Current Position

Edward Rosenfeld

40 2008 Chairman of the Board, Chief Executive Officer

Amelia Varela

44 2015 President

Arvind Dharia

66 2004 Chief Financial Officer, Secretary

Awadhesh Sinha

70 2005 Chief Operating Officer

Karla Frieders

39 2015 Chief Merchandising Officer

Peter Migliorini

67 2010 Presiding Independent Director

Rose Lynch

66 2014 Independent Director

Richard Randall

78 2006 Independent Director

Ravi Sachdev

39 2008 Independent Director

Thomas Schwartz

68 2004 Independent Director

Robert Smith

50 2014 Independent Director

Steven Madden

52 2013 IR Contact Officer

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 more than 18 years of experience focused on the retail, apparel and footwear industries and possesses particular knowledge of and experience in the industry that strengthens the Board’s collective qualifications, skills and experience. His background in finance and his analytical skills gained through his years as 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, provide the Board with insight and guidance with respect to, among other things, strategic business development matters. Mr. Rosenfeld has strong leadership skills and an in-depth understanding of the Company and its goals from his positions as the Chairman of the Board and Chief Executive Officer. Mr. Rosenfeld serves as a director of PVH Corp., one of the world’s largest apparel companies, and is also a director of Summer Search New York City, a non-profit corporation, whose mission is to help low-income teenagers develop skills and character traits to become college-educated leaders.

Amelia Varela

Ms. Amelia Newton Varela is President of Steven Madden, Ltd. She was 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.

Arvind Dharia

Mr. Arvind Dharia is a 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 a 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.

Karla Frieders

Ms. Karla Frieders is a Chief Merchandising Officer of Steven Madden, Ltd. Ms. Frieders served as the President of Retail from January 2013 and the Vice President of Retail from October 2009 until January 2013. Prior to these roles, Ms. Frieders held various buying positions at the Company from 1999.

Peter Migliorini

Mr. Peter Migliorini is Presiding Independent Director of Steven Madden, Ltd. Mr. Migliorini is also Presiding Director over all executive sessions of the independent directors. Mr. Migliorini possesses extensive executive level financial, sales and operations experience. Prior to serving as sales manager for Greschlers, Inc., from 1987 to 1994, Mr. Migliorini served as Director of Operations for Mackroyce Group, a construction company. Earlier, 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. His numerous years of business experience at various levels and in various industries provide the Board with a measure of practical orientation regarding the Company’s operations and growth endeavors. Mr. Migliorini’s early experience in the shoe industry also provides relevant knowledge and expertise in the Company’s specific industry.

Rose Lynch

Ms. Rose Peabody Lynch has been appointed as Independent Director of Steven madden, Ltd. Since 1997, She possesses over 30 years of business experience, including tenures as the President and in other senior executive officer positions of major companies in the beauty and fashion industries, and has extensive executive level financial and operating experience. Her experience serving as a director and as a senior executive for a range of companies, including Victoria’s Secret, Trowbridge Gallery (a supplier of fine art to the interior design trade) and Danskin, Inc., a leading manufacturer of women’s dance and active wear, enhances the Board’s leadership and oversight capabilities. Ms. Lynch has served on a number of boards, including The Harmony Group-LeRoi Princeton (a manufacturer of children’s apparel), Salant Corporation (Perry Ellis Menswear) and Frederick’s of Hollywood (a retailer of women’s apparel and lingerie). She was a member of the Audit and Nominating and Governance Committees during her tenure at Salant and chaired the Compensation Committee during her tenure on the board of Frederick’s of Hollywood. In addition, Ms. Lynch has held leadership positions with a variety of charities and currently serves as a director of S.O.S. Children’s Villages, the U.S. arm of an international non-profit organization dedicated to providing assistance to children. She currently serves on the Board of Directors of the Princeton University Varsity Club, is President of her Princeton University class and serves on the Executive Committee of the Princeton University Alumni Council. She is a new Member of the Board of Trustees of Concord Academy in Concord, Massachusetts. Ms. Lynch is also a member of the Women and Foreign Policy Advisory Council at the Council on Foreign Relations.

Richard Randall

Mr. Richard P. Randall is an Independent Director of Steven Madden, Ltd. Mr. Randall has decades of business experience, including tenures as Chief Financial Officer and Chief Operating Officer of both publicly traded and privately held companies in the retail industry, including Direct Holdings Worldwide, LLC, the parent company of Lillian Vernon Corp. and Time-Life, a music and video marketing company, and, prior thereto, Coach, Inc., a luxury leather goods company. Mr. Randall possesses extensive knowledge of accounting and finance, the retail industry and the issues impacting a publicly traded company. Mr. Randall has extensive executive level experience establishing his capabilities in management of complex organizations and is a certified public accountant. His expertise in finance qualifies him to serve as the Audit Committee “audit committee financial expert” and his service on the boards and board committees of other companies has allowed him to gain broad-based experience and sensitivity regarding best practices, which he shares with the Board. Mr. Randall also provides a perspective on proper governance for public companies. He currently serves as a member of the board of directors and Audit Committee of P&F Industries, Inc., a manufacturer and importer of tools sold principally to the industrial, retail and automotive markets, as well as residential hardware and, until December 31, 2014, served as a member of the board of directors and chair of the Audit and Risk Committee of Aceto Corporation, a generic pharmaceutical, nutraceutical and chemical distribution company. Mr. Randall is a former director and member of the Executive, Finance, Audit and Research Committees of The Burke Rehabilitation Hospital (“Burke”). He currently serves as a Member Emeritus of Burke’s Executive Committee and retains a board seat on The Burke Foundation’s board. 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.

Ravi Sachdev

Mr. Ravi Sachdev is an Independent Director of the Steven Madden, Ltd. As a Partner of the private equity firm Clayton Dubilier & Rice, LLC since June 2015, Mr. Sachdev focuses on the healthcare sector. Earlier, Mr. Sachdev was a Managing Director and Co-Head of Healthcare Services at J.P. Morgan from November 2010 and prior to that held the positions of Managing Director at Deutsche Bank Securities, Inc. from January 2009 until November 2010 and Director at Deutsche Bank from January 2007 until January 2009. Prior to joining Deutsche Bank in 2006 as a Vice President, Mr. Sachdev served as 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. Mr. Sachdev possesses knowledge of finance and the financial analytics used to measure business performance. His 18 years of professional experience in investment banking and private equity brings to the Board a thorough understanding of the financial issues affecting public companies and greater insights in business valuation together with a practical orientation with respect to acquisitions and integrations. Mr. Sachdev also serves on the Board of Directors of Healogics, a leading provider of wound healing services, and Vets First Choice, a veterinary internet pharmacy.

Thomas Schwartz

Mr. Thomas H. Schwartz is an Independent Director of Steven Madden, Ltd. Since March 2007, Mr. Schwartz has served on the Company’s Compensation Committee since July 2004. With more than twenty years of experience as a Managing Director of Helmsley-Spear, Inc. and seven years as the owner of his own real estate investment firm, Mr. Schwartz brings to the Board extensive executive level experience in handling operations issues and practical expertise in management.

Robert Smith

Mr. Robert Smith is an Independent Director of Steven madden, Ltd. Since 2013, Prior to his current and former positions with Haddad Brands and Victoria’s Secret Direct, respectively, Mr. Smith held various senior merchandising positions at Macy’s Inc. between 1998 and 2010, beginning with Vice President, Merchandise Manager, Macy’s West and culminating with Executive Vice President, Merchandising for Juniors, Kids, Intimate Apparel, Dresses, Suits, Coats and Swimwear. Earlier, Mr. Smith was a Merchandiser for XOXO Apparel Company and held various positions with Burdine’s Department Stores. Mr. Smith possesses nearly 30 years of business experience in the fashion industry and has extensive executive level expertise in merchandising. His experience in this area will further enhance the Board’s depth of understanding of the industry.

Steven Madden

Basic Compensation

Name Fiscal Year Total

Edward Rosenfeld

3,890,230

Amelia Varela

1,117,900

Arvind Dharia

1,516,480

Awadhesh Sinha

967,031

Karla Frieders

1,296,560

Peter Migliorini

210,000

Rose Lynch

195,000

Richard Randall

210,000

Ravi Sachdev

185,000

Thomas Schwartz

185,000

Robert Smith

195,000

Steven Madden

1,514,410
As Of  30 Dec 2015

Options Compensation

Name Options Value

Edward Rosenfeld

157,500 5,290,650

Amelia Varela

67,503 2,031,950

Arvind Dharia

228,828 3,390,540

Awadhesh Sinha

0 0

Karla Frieders

33,753 1,115,540

Peter Migliorini

0 0

Rose Lynch

0 0

Richard Randall

0 0

Ravi Sachdev

0 0

Thomas Schwartz

100,000 1,028,600

Robert Smith

0 0

Steven Madden

1,691,189 17,227,840