LONG ISLAND CITY, N.Y., Dec. 10, 2020 (GLOBE NEWSWIRE) — Steve Madden (Nasdaq: SHOO), a number one designer and marketer of fashion-forward footwear, equipment and attire for ladies, males and youngsters, right now introduced the appointment of Zine Mazouzi, presently Chief Accounting Officer and Senior Vice President of Finance and Operations, to succeed Arvind Dharia as Chief Monetary Officer, efficient January 1, 2021. To make sure a clean transition, Mr. Dharia will serve in an advisory capability via 2021.
Mr. Mazouzi has over 20 years of expertise within the footwear business and a confirmed document in company finance, monetary planning and evaluation, operations, strategic planning and threat administration. Previous to becoming a member of Steve Madden, he served in numerous management roles at Sears Holdings Company, together with Head of Sears & Kmart Footwear, Residence and Effective Jewellery and Chief Monetary Officer of Sears & Kmart Footwear. Previous to that, Mr. Mazouzi served in numerous management roles together with Chief Monetary Officer of 9 West Group.
Mr. Dharia has served as Steve Madden’s Chief Monetary Officer since October 1992. He has been instrumental in constructing the Firm’s finance group in addition to a key member of the chief management group.
Edward Rosenfeld, Chairman and Chief Government Officer, commented, “We are able to’t thank Arvind sufficient for his service to the Firm over the previous 28 years, and I’m deeply appreciative of his partnership over the 15 years that I’ve had the pleasure of working with him.
“We’re excited to have Zine, who has been a part of our management group for the previous two years, step into the Chief Monetary Officer function. His robust monetary, operational and management expertise – mixed together with his deep understanding of footwear, equipment and retail – will assist Steve Madden drive worthwhile progress and create worth for shareholders over the long run.”
Mr. Mazouzi mentioned, “I’m thrilled to tackle my new function as CFO. I look ahead to persevering with to work carefully with the management group to execute our strategic progress initiatives whereas sustaining our robust monetary place.”
Steve Madden, Founder and Inventive and Design Chief, commented, “I’m grateful to have had Arvind as a companion in constructing the enterprise because the very starting, and he has been instrumental within the Firm’s success. Steve Madden wouldn’t be what it’s right now with out him.”
About Steve Madden
Steve Madden designs, sources and markets fashion-forward footwear, equipment and attire for ladies, males and youngsters. Along with advertising merchandise below its personal manufacturers together with Steve Madden®, Dolce Vita®, Betsey Johnson®, Blondo®, Report®, Cejon®, GREATS®, BB Dakota®, Mad Love® and Huge Buddha®, Steve Madden is a licensee of assorted manufacturers, together with Anne Klein®, Superga® and DKNY®. Steve Madden additionally designs and sources merchandise below non-public label model names for numerous retailers. Steve Madden’s wholesale distribution contains shops, specialty shops, luxurious retailers, nationwide chains, mass retailers and on-line retailers. Steve Madden additionally operates retail shops and e-commerce web sites. Steve Madden licenses sure of its manufacturers to 3rd events for the advertising and sale of sure merchandise, together with ready-to-wear, outerwear, eyewear, hosiery, jewellery, perfume, baggage and bedding and tub merchandise. For native retailer info and the most recent Steve Madden booties, pumps, males’s and girls’s boots, vogue sneakers, slippers, gown footwear, sandals and extra, go to http://www.stevemadden.com.
Steven Madden, Ltd.
Director of Company Improvement & Investor Relations