---
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"
generated_at: "2026-06-06T09:38:22.003108+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Macerich names Jackson Hsieh CEO; O'Hern, Coppola retire Feb 29

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-023427
- JSON: https://secwatch.observer/filing/0001193125-24-023427.json
- Plain text: https://secwatch.observer/filing/0001193125-24-023427.txt

## Key facts
- Executive change
  Edward C. Coppola departed as President at MACERICH CO.
  - Action: retiring
  - Role: President
  source text: Edward C. Coppola, the Company’s current President, will also be retiring effective as of February 29, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm
- Executive change
  Thomas E. O'Hern departed as Chief Executive Officer at MACERICH CO.
  - Action: retiring
  - Role: Chief Executive Officer
  source text: Thomas E. O’Hern, the Company’s current Chief Executive Officer, will be retiring effective as of February 29, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm
- Executive change
  Jackson Hsieh was appointed as Chief Executive Officer and President at MACERICH CO.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/912242/000119312524023427/0001193125-24-023427-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.