Steve Madden Announces Chief Financial Officer Transition
10 December 2020 - 10:59PM
Steve Madden (Nasdaq: SHOO), a leading designer and marketer of
fashion-forward footwear, accessories and apparel for women, men
and children, today announced the appointment of Zine Mazouzi,
currently Chief Accounting Officer and Senior Vice President of
Finance and Operations, to succeed Arvind Dharia as Chief Financial
Officer, effective January 1, 2021. To ensure a smooth transition,
Mr. Dharia will serve in an advisory capacity through 2021.
Mr. Mazouzi has over 20 years of experience in
the footwear industry and a proven record in corporate finance,
financial planning and analysis, operations, strategic planning and
risk management. Prior to joining Steve Madden, he served in
various leadership roles at Sears Holdings Corporation, including
Head of Sears & Kmart Footwear, Home and Fine Jewelry and Chief
Financial Officer of Sears & Kmart Footwear. Prior to that, Mr.
Mazouzi served in various leadership roles including Chief
Financial Officer of Nine West Group.
Mr. Dharia has served as Steve Madden’s Chief
Financial Officer since October 1992. He has been instrumental in
building the Company’s finance organization as well as a key member
of the executive leadership team.
Edward Rosenfeld, Chairman and Chief Executive
Officer, commented, “We can’t thank Arvind enough for his service
to the Company over the past 28 years, and I am deeply appreciative
of his partnership over the 15 years that I have had the pleasure
of working with him.
“We are excited to have Zine, who has been part
of our leadership team for the past two years, step into the Chief
Financial Officer role. His strong financial, operational and
leadership experience – combined with his deep understanding of
footwear, accessories and retail – will help Steve Madden drive
profitable growth and create value for shareholders over the long
term.”
Mr. Mazouzi said, “I am thrilled to take on my
new role as CFO. I look forward to continuing to work closely
with the leadership team to execute our strategic growth
initiatives while maintaining our strong financial position.”
Steve Madden, Founder and Creative and Design
Chief, commented, “I’m grateful to have had Arvind as a partner in
building the business since the very beginning, and he has been
instrumental in the Company’s success. Steve Madden would not
be what it is today without him.”
About Steve
Madden
Steve Madden designs, sources and markets
fashion-forward footwear, accessories and apparel for women, men
and children. In addition to marketing products under its own
brands including Steve Madden®, Dolce Vita®, Betsey Johnson®,
Blondo®, Report®, Cejon®, GREATS®, BB Dakota®, Mad Love® and Big
Buddha®, Steve Madden is a licensee of various brands, including
Anne Klein®, Superga® and DKNY®. Steve Madden also designs and
sources products under private label brand names for various
retailers. Steve Madden’s wholesale distribution includes
department stores, specialty stores, luxury retailers, national
chains, mass merchants and online retailers. Steve Madden also
operates retail stores and e-commerce websites. Steve Madden
licenses certain of its brands to third parties for the marketing
and sale of certain products, including ready-to-wear, outerwear,
eyewear, hosiery, jewelry, fragrance, luggage and bedding and bath
products. For local store information and the latest Steve Madden
booties, pumps, men’s and women’s boots, fashion sneakers,
slippers, dress shoes, sandals and more, visit
http://www.stevemadden.com.
Contact
Steven Madden, Ltd.Director of Corporate Development &
Investor RelationsDanielle
McCoy718-308-2611InvestorRelations@stevemadden.com
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