Steven Madden (SHOO) Announces Resignation of CEO
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Steven Madden, Ltd. (Nasdaq: SHOO) announced that Edward Rosenfeld, Executive Vice President of Strategic Planning and Finance of the Company, has been named Interim Chief Executive Officer and Walter Yetnikoff, an independent Director of the Company, has been named Non- Executive Chairman of the Board. Both appointments are effective immediately. Jamieson Karson, Chairman and Chief Executive Officer, has resigned from both his management and Board positions in order to pursue other opportunities.
Steven Madden, Ltd. designs, sources, markets and retails fashion-forward footwear for women, men and children. [SM]
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