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Steve Madden chief executive resigns

The chief executive and chairman of US footwear brand Steve Madden has resigned. Jamieson Karson has has left the business to pursue other opportunities.

Ed Rosenfeld, executive vice-president of strategic planning and finance, has been named interim chief executive and Walter Yetnikoff, an independent director of Steven Madden since 2005, has been appointed non-executive chairman of the board.

Company founder Steve Madden was disqualified from becoming an officer or director of the company until June 2008 after he was found guilty of violating securities laws and went to prison. However the company made no statement as to whether Madden intends to step up to replace Karson as chief executive in June.

Yetnikoff said: "We thank Jamie for his hard work and dedication to Steven Madden. over the past seven years. He made many important strategic contributions to the company during his tenure, overseeing expansion of the retail footprint, diversification of the business and the extension of the Steve Madden brand on a global scale."

Rosenfeld joined Steven Madden in 2005 and was appointed to the board in 2008.

Steve Madden launched a wholesale collection in the UK last year via footwear supplier OPS.

Click here to read a full interview with Steve Madden.

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