{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-023427","form_type":"8-K","ticker":"MAC","cik":"0000912242","company_name":"MACERICH CO","filed_at":"2024-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.256793+00:00","generated_at":"2026-06-06T09:38:22.003108+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Macerich names Jackson Hsieh CEO; O'Hern, Coppola retire Feb 29","bullets":["Jackson Hsieh appointed CEO and President effective March 1, 2024; succeeds Tom O'Hern (30 yrs) and Ed Coppola (46 yrs).","Hsieh receives $1M base salary, 150% target bonus, $5M sign-on LTIP grant, and $6.5M annual LTIP grant.","O'Hern will advise through June 30, 2024; both O'Hern and Coppola remain on Board through current term.","Hsieh previously CEO of Spirit Realty Capital, which merged with Realty Income in a $9.3B deal.","Board combined two severance plans into one effective March 1, 2024, with multiples of 2x/1.5x/1x for tiered executives."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-023427","json":"https://secwatch.observer/filing/0001193125-24-023427.json","markdown":"https://secwatch.observer/filing/0001193125-24-023427.md","text":"https://secwatch.observer/filing/0001193125-24-023427.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/d755825d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:38:22.003108+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"163e81ec2c","claim":"Edward C. Coppola departed as President at MACERICH CO.","evidence_excerpt":"Edward C. Coppola, the Company’s current President, will also be retiring effective as of February 29, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"6bbf6cedcc","claim":"Thomas E. O'Hern departed as Chief Executive Officer at MACERICH CO.","evidence_excerpt":"Thomas E. O’Hern, the Company’s current Chief Executive Officer, will be retiring effective as of February 29, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"6c38dd86e9","claim":"Jackson Hsieh was appointed as Chief Executive Officer and President at MACERICH CO.","evidence_excerpt":"On February 5, 2024, The Macerich Company (the “Company”) announced that Jackson Hsieh will be appointed to the role of Chief Executive Officer and President, effective as of March 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}