The Macerich Company (MAC)

16.49 +0.26 (+1.60%) At close: 04:00PM EDT

The Macerich Company

401 Wilshire Boulevard
Suite 700
Santa Monica, CA 90401-1452
United States
310 394 6000
https://www.macerich.com

Sector(s): Real Estate
Industry: REIT - Retail
Full-time employees: 654

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Scott W. Kingsmore	Senior EVP, CFO & Treasurer	1.83M	N/A	1968
Ms. Ann C. Menard	Senior EVP, Chief Legal Officer & Secretary	1.85M	N/A	1964
Mr. Douglas J. Healey	Senior EVP & Head of Leasing	1.78M	N/A	1963
Mr. Jackson Hsieh	President, CEO & Director	N/A	N/A	1961
Mr. Christopher J. Zecchini	Senior VP & Chief Accounting Officer	N/A	N/A	1964
Samantha Greening	Director of Investor Relations	N/A	N/A	N/A
Ms. Olivia Bartel Leigh	Executive Vice President of Portfolio Operations & People	N/A	N/A	N/A
Mr. Robert F. Beffa	Senior Vice President of Real Estate	N/A	N/A	1960
Mr. Kenneth L. Volk	Executive Vice President of Business Development	970.96k	N/A	1963
Ms. Jamie Bourbeau	Senior Vice President of Outlet Division	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).

Corporate governance

The Macerich Company’s ISS governance QualityScore as of 1 September 2024 is 3. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.