---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-036484"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:46:10.664489+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Steven Madden signs new 3-year contract for President Varela; Sinha becomes part-time EVP Ops

## Summary
- President Varela new 3-yr agreement (Jan 2023-Dec 2025): base salaries $775k (2023), $800k (2024), $825k (2025).
- Varela receives $1.1M restricted stock grant on Jan 3, 2023, vesting 25% annually over 4 years.
- President Varela eligible for EBIT-based annual bonus: 30% salary at threshold, 50% at target, 80% at max.
- Awadhesh Sinha becomes EVP Operations, part-time (2-3 days/wk), base salary $400k for 2023, discretionary bonus.

## SEC filing metadata
- accession: 0001493152-22-036484
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000149315222036484/0001493152-22-036484-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000149315222036484/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-036484
- JSON: https://secwatch.observer/filing/0001493152-22-036484.json
- Plain text: https://secwatch.observer/filing/0001493152-22-036484.txt

## Key facts
- Executive change
  Awadhesh Sinha was appointed as Executive Vice President of Operations at STEVEN MADDEN, LTD..
  - Action: appointed
  - Role: Executive Vice President of Operations
  source text: Under the Second Sinha Amendment, effective January 1, 2023, Mr. Sinha will become Executive Vice President of Operations for the Company and will be required to devote not more than three days per week to such executive-level duties as are reasonably assigned to him by our Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913241/000149315222036484/0001493152-22-036484-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.