On June 4, 2015, Robert Schmertz, the brand director of Steven Madden, Ltd. submitted his resignation of employment to the company, to take effect immediately, which Mr. Schmertz has indicated is to allow him to pursue other opportunities. The company has no immediate plans to fill the position of Brand Director and anticipates that Mr. Schmertz will continue to provide services to the company in a consulting capacity on an as needed basis.