Posted 23 February, 2024
MACERICH CO appointed new CEO
CEO Change detected for ticker NYSE:MAC in a 8-K filed on 23 February, 2024.
On February 20, 2024, the Board of Directors (the "Board") of The Macerich Company (the "Company") approved an increase in the size of the Board from nine members to ten members and unanimously appointed Jackson Hsieh to fill the newly created vacancy, effective concurrently with his appointment to the role of Chief Executive Officer and President on March 1, 2024.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of MACERICH CO
Real Estate/Construction • Retail REITs
Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers located throughout the United States. The company was founded by Mace Siegel Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.Market Cap
$3.66B
View Company Details
$3.66B
Relevant filing section
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 20, 2024, the Board of Directors (the "Board") of The Macerich Company (the "Company") approved an increase in the size of the Board from nine members to ten members and unanimously appointed Jackson Hsieh to fill the newly created vacancy, effective concurrently with his appointment to the role of Chief Executive Officer and President on March 1, 2024. 2
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