Steven Madden Ltd. Signs New Three-Year Compensation Agreement With President Amelia Newton Varela
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Steven Madden Ltd. has signed a new three-year compensation agreement with President Amelia Newton Varela, effective from January 1, 2026, to December 31, 2028. The agreement includes an annual performance-based cash bonus linked to the company's EBIT, with potential earnings of 30% to 80% of her salary. Varela will also receive restricted common stock vesting over four years. In case of termination without cause, she is entitled to salary continuation and, under certain conditions, a cash payment up to 2.5 times her salary plus average bonuses from the previous three years.
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