Macerich Management

Management criteria checks 2/4

Macerich's CEO is Jackson Hsieh, appointed in Mar 2024, has a tenure of less than a year. directly owns 0.014% of the company’s shares, worth $467.98K. The average tenure of the management team and the board of directors is 5.3 years and 5.9 years respectively.

Key information

Jackson Hsieh

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.01%
Management average tenure	5.3yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO

Jackson Hsieh (62 yo)

less than a year

Tenure

Mr. Jackson Hsieh serves as President, Chief Executive Officer and Director at The Macerich Company since March 01, 2024. He was President, Chief Executive Officer & Director of Spirit Realty Capital since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Kingsmore	Senior EVP	5.3yrs	US$3.13m	0.017% $ 557.2k
Ann Menard	Senior EVP	6.2yrs	US$2.95m	0.0067% $ 222.5k
Thomas O'Hern	Advisor	less than a year	US$9.83m	0.049% $ 1.6m
Jackson Hsieh	President	less than a year	no data	0.014% $ 468.0k
Christopher Zecchini	Senior VP & Chief Accounting Officer	5.3yrs	no data	0.0020% $ 66.3k
Samantha Greening	Director of Investor Relations	no data	no data	no data
Olivia Leigh	Executive Vice President of Portfolio Operations & People	4.3yrs	no data	no data
Robert Beffa	Senior Vice President of Real Estate	no data	no data	no data
Kenneth Volk	Executive Vice President of Business Development	5.3yrs	US$1.72m	0.022% $ 720.0k
Douglas Healey	Senior EVP & Head of Leasing	no data	US$2.26m	0.031% $ 1.0m
Jamie Bourbeau	Senior Vice President of Outlet Division	no data	no data	no data
Michael Slavin	Senior Vice President of Information Technology	no data	no data	no data

5.3yrs

Average Tenure

60yo

Average Age

Experienced Management: 0JX5's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jackson Hsieh	President	less than a year	no data	0.014% $ 468.0k
Eric Brandt	Independent Director	5.9yrs	US$250.00k	0.018% $ 611.9k
Dana Anderson	Vice Chairman Emeritus	no data	no data	no data
Enrique Hernandez	Independent Director	2.3yrs	US$217.50k	0.0053% $ 175.4k
Andrea Stephen	Independent Director	11.3yrs	US$297.50k	0.033% $ 1.1m
Daniel Hirsch	Independent Director	5.9yrs	US$230.00k	0.0022% $ 72.6k
Steven Hash	Independent Chairman	9yrs	US$445.00k	0.0085% $ 283.2k
Peggy Alford	Independent Director	6.2yrs	US$240.00k	0.019% $ 620.2k
Marianne Lowenthal	Independent Director	2yrs	US$179.38k	0.0053% $ 175.4k

5.9yrs

Average Tenure

61yo

Average Age

Experienced Board: 0JX5's board of directors are considered experienced (5.9 years average tenure).

Macerich Management

Management criteria checks 2/4

Key information

Recent management updates

The Macerich Company, Annual General Meeting, May 30, 2024

Advisor recently sold US$1.6m worth of stock

President & Director recently sold US$860k worth of stock

The Macerich Company Announces CEO Changes

The Macerich Company Announces Retirement of Steven Soboroff from the Board of Directors, Effective December 31, 2023

Insufficient new directors

Recent updates

First quarter 2024 earnings released: US$0.59 loss per share (vs US$0.27 loss in 1Q 2023)

Fourth quarter dividend of US$0.17 announced

The Macerich Company Declares the Quarterly Cash Dividend, Payable on June 3, 2024

The Macerich Company, Annual General Meeting, May 30, 2024

The Macerich Company to Report Q1, 2024 Results on Apr 30, 2024

Advisor recently sold US$1.6m worth of stock

Full year 2023 earnings released: FFO per share: US$1.9 (vs US$2.04 in FY 2022)

President & Director recently sold US$860k worth of stock

Fourth quarter dividend of US$0.17 announced

Full year 2023 earnings released: FFO per share: US$0.6 (vs US$2.04 in FY 2022)

The Macerich Company Announces CEO Changes

The Macerich Company Declares Quarterly Cash Dividend, Payable on March 4, 2024

The Macerich Company to Report Q4, 2023 Results on Feb 07, 2024

The Macerich Company Announces Retirement of Steven Soboroff from the Board of Directors, Effective December 31, 2023

Third quarter 2023 earnings released: FFO per share: US$0.5 (vs US$0.48 in 3Q 2022)

The Macerich Company Provides Earnings Guidance for the Year 2023

The Macerich Company to Report Q3, 2023 Results on Oct 31, 2023

Upcoming dividend of US$0.17 per share at 5.4% yield

Second quarter 2023 earnings released: US$0.069 loss per share (vs US$0.073 loss in 2Q 2022)

An unknown buyer acquired Superstition Springs Power Center, a 204,000 Square Foot Power Center in Mesa, Arizona from The Macerich Company (NYSE:MAC) for $5.6 million.

The Macerich Company to Report Q2, 2023 Results on Aug 08, 2023

The Macerich Company (NYSE:MAC) acquired the remaining 50% stakes in 5 Former Sears Boxes from Seritage Growth Properties (NYSE:SRG).

Upcoming dividend of US$0.17 per share at 7.2% yield

The Macerich Company Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: US$0.27 loss per share (vs US$0.17 loss in 1Q 2022)

Full year 2022 earnings released: FFO per share: US$2.0 (vs US$2.13 in FY 2021)

Upcoming dividend of US$0.17 per share at 5.1% yield

The Macerich Company Provides Earnings Guidance for Fiscal Year 2023

Macerich Company Declares Quarterly Cash Dividend for Common Stock, Payable on March 3, 2023

The Macerich Company to Report Q4, 2022 Results on Feb 07, 2023

Insufficient new directors

Third quarter 2022 earnings released: FFO per share: US$0.5 (vs US$0.56 in 3Q 2021)

The Macerich Company Narrows Earnings Guidance for the Fiscal Year 2022

The Macerich Company Announces Retirement of Diana Laing from Board of Directors

The Macerich Company Declares the Quarterly Dividend on Its Common Shares Payable on December 2, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

The Macerich Company to Report Q3, 2022 Results on Nov 03, 2022

CEO & Director recently bought US$199k worth of stock

Upcoming dividend of US$0.15 per share

Second quarter 2022 earnings released: FFO: US$210.4m per share (vs US$0.77 in 2Q 2021)

The Macerich Company Provides Earnings Guidance for 2022

Macerich Declares the Quarterly Dividend on Its Common Shares Payable on September 8, 2022

Investor sentiment improved over the past week

President & Director recently bought US$525k worth of stock

The Macerich Company to Report Q2, 2022 Results on Jul 28, 2022

CEO & Director recently bought US$237k worth of stock

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.15 per share

First quarter 2022 earnings released: US$0.17 loss per share (vs US$0.40 loss in 1Q 2021)

The Macerich Company Provides Earnings Guidance for 2022

Insufficient new directors

The Macerich Company, Annual General Meeting, May 27, 2022

The Macerich Company to Report Q1, 2022 Results on May 09, 2022

CEO & Director recently bought US$146k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.15 per share

The Macerich Company Declares Quarterly Cash Dividend, Payable on March 3, 2022

Third quarter 2021 earnings released: FFO US$0.56 per share (vs US$0.58 in 3Q 2020)

Upcoming dividend of US$0.15 per share

Independent Director recently sold US$354k worth of stock

An unknown buyer acquired La Encantada from The Macerich Company (NYSE : MAC) for approximately $170 million.

Upcoming dividend of US$0.15 per share

Second quarter 2021 earnings released: US$0.057 loss per share (vs US$0.18 loss in 2Q 2020)

The Macerich Company Amends Earnings Guidance for the Year 2021

First quarter 2021 earnings released: FFO US$0.50 per share (vs US$0.87 in 1Q 2020)

The Macerich Company Declares the Quarterly Dividend on its Common Shares, Payable on June 3, 2021

Full year 2020 earnings released: FFO US$2.32 per share (vs US$3.80 in FY 2019)