The Macerich Company

BMV:MAC * Stock Report

Market Cap: Mex$43.6b

Macerich Management

Management criteria checks 2/4

Macerich's CEO is Tom O'Hern, appointed in Jan 2019, has a tenure of 4.42 years. total yearly compensation is $8.87M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth MX$41.59M. The average tenure of the management team and the board of directors is 4.4 years and 5.1 years respectively.

Key information

Tom O'Hern

Chief executive officer

US$8.9m

Total compensation

CEO salary percentage9.6%
CEO tenure4.4yrs
CEO ownership0.1%
Management average tenure4.4yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom O'Hern's remuneration changed compared to Macerich's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

-US$88m

Dec 31 2022US$9mUS$850k

-US$67m

Sep 30 2022n/an/a

-US$86m

Jun 30 2022n/an/a

US$36m

Mar 31 2022n/an/a

US$40m

Dec 31 2021US$8mUS$828k

US$13m

Sep 30 2021n/an/a

-US$160m

Jun 30 2021n/an/a

-US$289m

Mar 31 2021n/an/a

-US$302m

Dec 31 2020US$8mUS$800k

-US$231m

Sep 30 2020n/an/a

-US$14m

Jun 30 2020n/an/a

US$54m

Mar 31 2020n/an/a

US$95m

Dec 31 2019US$7mUS$800k

US$96m

Sep 30 2019n/an/a

US$81m

Jun 30 2019n/an/a

US$108m

Mar 31 2019n/an/a

US$100m

Dec 31 2018US$9mUS$728k

US$59m

Sep 30 2018n/an/a

US$80m

Jun 30 2018n/an/a

US$24m

Mar 31 2018n/an/a

US$43m

Dec 31 2017US$4mUS$600k

US$145m

Sep 30 2017n/an/a

US$150m

Jun 30 2017n/an/a

US$146m

Mar 31 2017n/an/a

US$165m

Dec 31 2016US$4mUS$600k

US$516m

Compensation vs Market: Tom's total compensation ($USD8.87M) is above average for companies of similar size in the MX market ($USD1.61M).

Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.

CEO

Tom O'Hern (67 yo)

4.4yrs

Tenure

US$8,869,392

Compensation

Mr. Thomas E. O'Hern, also known as Tom, CPA, has been Director at Macerich Company since June 22, 2018 and its Chief Executive Officer since January 1, 2019. He served as the Chief Financial Officer and T...

Leadership Team

NamePositionTenureCompensationOwnership
Thomas O'Hern
CEO & Director4.4yrsUS$8.87m0.095%
MX$ 41.6m
Edward Coppola
President & Director14.8yrsUS$6.30m0.32%
MX$ 138.8m
Scott Kingsmore
Senior EVP4.4yrsUS$2.51m0.017%
MX$ 7.3m
Ann Menard
Senior EVP5.3yrsUS$2.30m0.0067%
MX$ 2.9m
Douglas Healey
Senior EVP & Head of Leasingno dataUS$2.26m0.031%
MX$ 13.7m
Christopher Zecchini
Senior VP & Chief Accounting Officer4.4yrsno data0.0010%
MX$ 444.3k
Samantha Greening
Director of Investor Relationsno datano datano data
Olivia Leigh
Executive Vice President of Portfolio Operations & People3.4yrsno datano data
Robert Beffa
Senior Vice President of Real Estateno datano datano data
Kenneth Volk
Executive Vice President of Business Development4.4yrsUS$1.72m0.022%
MX$ 9.5m
Jamie Bourbeau
Senior Vice President of Outlet Divisionno datano datano data
Michael Slavin
Senior Vice President of Information Technologyno datano datano data

4.4yrs

Average Tenure

60yo

Average Age

Experienced Management: MAC *'s management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Thomas O'Hern
CEO & Director5yrsUS$8.87m0.095%
MX$ 41.6m
Edward Coppola
President & Director29.1yrsUS$6.30m0.32%
MX$ 138.8m
Eric Brandt
Independent Director5yrsUS$250.00k0.019%
MX$ 8.1m
Dana Anderson
Vice Chairman Emeritusno datano datano data
Steven Soboroff
Independent Director9.4yrsUS$254.86k0.022%
MX$ 9.5m
Enrique Hernandez
Independent Director1.4yrsUS$179.23k0.0053%
MX$ 2.3m
Andrea Stephen
Independent Director10.4yrsUS$262.50k0.062%
MX$ 27.2m
Daniel Hirsch
Independent Director5yrsUS$230.00k0.0022%
MX$ 958.3k
Steven Hash
Independent Chairman8.1yrsUS$395.00k0.050%
MX$ 21.7m
Peggy Alford
Independent Director5.3yrsUS$240.00k0.019%
MX$ 8.2m
Marianne Lowenthal
Independent Director1.1yrsUS$179.38k0.0053%
MX$ 2.3m

5.1yrs

Average Tenure

62yo

Average Age

Experienced Board: MAC *'s board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/13 23:33
End of Day Share Price 2023/03/16 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Macerich Company is covered by 38 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Ross SmotrichBarclays
Paul AdornatoBMO Capital Markets Equity Research