MACERICH CO shareholders approved Ratification of the Appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 at the 2026-06-01 meeting.
“Proposal 3: Ratification of the Appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026. For Against Abstentions 237,981,568 2,023,584 185,877”
Shareholder Votes
MACERICH CO shareholders approved Advisory Vote to Approve the Compensation of the Company's Named Executive Officers at the 2026-06-01 meeting.
“Proposal 2: Advisory Vote to Approve the Compensation of the Company's Named Executive Officers. For Against Abstentions Broker non-Votes 211,705,512 17,257,788 104,018 11,123,711”
Shareholder Votes
MACERICH CO shareholders approved Election of Eight Directors at the 2026-06-01 meeting.
“Proposal 1: Election of Eight Directors to Serve Until the Next Annual Meeting of Stockholders and Until Their Respective Successors are Duly Elected and Qualified. For Against Abstentions Broker non-Votes Steven R. Hash 221,475,939 7,531,390 59,989 11,123,711 Enrique Hernandez, Jr. 221,559,098 6,705,978 802,242 11,123,711 Daniel J. Hirsch 223,985,685 5,021,634 59,999 11,123,711 Jackson Hsieh 227,887,774 1,120,160 59,384 11,123,711 Diana M. Laing 224,292,593 4,714,736 59,989 11,123,711 Marianne Lowenthal 214,778,034 14,230,263 59,021 11,123,711 Devin I. Murphy 223,428,057 5,579,365 59,896 11,123,711 Andrea M. Stephen 223,191,143 5,815,824 60,351 11,123,711”
Earnings Releases
MACERICH CO reported the three months ended March 31, 2026 results: net income $36.4 million, or $0.14 per share-diluted.
“The net loss attributable to the Company was $36.4 million, or $0.14 per share-diluted, during the first quarter of 2026”
Debt Financings
MACERICH CO incurred revolving credit of $900 million with Deutsche Bank AG New York Branch (as administrative agent, collateral agent), various lenders at Base Rate or Term SOFR plus applicable margin (current: Base Rate loans 0.90% pe maturing March 1, 2029.
“guarantors, Deutsche Bank AG New York Branch, as administrative agent and collateral agent and the lenders party thereto. The Credit Agreement provides for an aggregate $900 million revolving loan facility that matures on March 1, 2029, with an option for the Borrower to extend maturity until March 1, 2030. The Borrower has the ability from time to time to”
Eric K. Brandt departed as Director at MACERICH CO.
“On March 12, 2025, Eric K. Brandt advised the Board of Directors (the “Board”) of The Macerich Company (the “Company”) that he will not stand for re-election as a director of the Company at the 2025 annual meeting of stockholders (the “2025 Annual Meeting”).”
Devin I. Murphy was elected as Director at MACERICH CO.
“elected Mr. Devin I. Murphy to the Board effective February 1, 2025.”
Scott W. Kingsmore departed as Senior Executive Vice President, Chief Financial Officer and Treasurer at MACERICH CO.
“Scott W. Kingsmore, the Company’s current Senior Executive Vice President, Chief Financial Officer and Treasurer, will be departing the Company effective as of December 31, 2024.”
Daniel E. Swanstrom II was appointed as Senior Executive Vice President, Chief Financial Officer and Treasurer at MACERICH CO.
“Daniel E. Swanstrom II will be appointed to the role of Senior Executive Vice President, Chief Financial Officer and Treasurer, effective as of November 16, 2024.”
Diana M. Laing was elected as Director at MACERICH CO.
“the Board of Directors (the “Board”) of The Macerich Company (the “Company”), upon the recommendation of its Nominating and Corporate Governance Committee (the “Committee”), elected Ms. Diana M. Laing to the Board.”
Earnings Releases
MACERICH CO reported quarter ended March 31, 2023 results: net income -58.7 million, EPS -0.27.
“The net loss attributable to the Company was $126.7 million or $0.59 per share-diluted during the first quarter of 2024, compared to the net loss attributable to the Company of $58.7 million or $0.27 per share-diluted attributable to the Company for the quarter ended March 31, 2023.”
Earnings Releases
MACERICH CO reported three months ended March 31, 2024 results: net income -126.7 million, EPS -0.59.
“The net loss attributable to the Company was $126.7 million or $0.59 per share-diluted during the first quarter of 2024, compared to the net loss attributable to the Company of $58.7 million or $0.27 per share-diluted attributable to the Company for the quarter ended March 31, 2023.”
Peggy Alford departed as Director at MACERICH CO.
“On March 20, 2024, Peggy Alford advised the Board of Directors (the “Board”) of The Macerich Company (the “Company”) that she will not stand for re-election as a director of the Company at the 2024 annual meeting of stockholders (the “2024 Annual Meeting”) in order to focus on other commitments.”
Jackson Hsieh was appointed as Director at MACERICH CO.
“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.”
Jackson Hsieh was appointed as Chief Executive Officer and President at MACERICH CO.
“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.”
Earnings Releases
MACERICH CO reported financial results for the three and twelve months ended December 31, 2023.
“On February 7, 2024, The Macerich Company (the “Company) released its financial results for the three and twelve months ended December 31, 2023 by posting to its website a financial supplement containing financial and operating information of the Company (“Earnings Results & Supplemental Information”) and such Earnings Results & Supplemental Information is furnished as Exhibit 99.1 hereto.”
Edward C. Coppola departed as President at MACERICH CO.
“Edward C. Coppola, the Company’s current President, will also be retiring effective as of February 29, 2024”
Thomas E. O'Hern departed as Chief Executive Officer at MACERICH CO.
“Thomas E. O’Hern, the Company’s current Chief Executive Officer, will be retiring effective as of February 29, 2024”
Jackson Hsieh was appointed as Chief Executive Officer and President at MACERICH CO.
“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.”
Steven Soboroff retired as Director at MACERICH CO.
“On December 2, 2023, Mr. Steven Soboroff provided notice of his retirement from the Board of Directors (the “Board”) of The Macerich Company (the “Company”) effective December 31, 2023.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.