On March 30, 2020, Richard P. Randall notified the Board of Directors of Steven Madden, Ltd. that he intends to retire as a director of the Company and does not wish to seek reelection at 2020 Annual Meeting of Stockholders. Accordingly, Mr. Randall will not be nominated by the Board for election at 2020 Annual Meeting, and Mr. Randall's term as a director will end when his current term expires at 2020 Annual Meeting.