Macerich (MAC) Declares $.74 Quarterly Dividend; 5.3% Yield

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Macerich (MAC) Says Thomas O'Hern to Become CEO When Arthur Coppola Retires in Dec.

April 26, 2018 4:38 PM EDT

The Macerich Company (NYSE: MAC) (the "Company") today announced that Thomas O'Hern will be appointed to the role of Chief Executive Officer of the Company, effective as of January 1, 2019. Mr. O'Hern will succeed Arthur Coppola, who is retiring from his role as Chief Executive Officer effective as of December 31, 2018. Mr. O'Hern currently serves as the Company's Senior Executive Vice President, Chief Financial Officer and Treasurer and will continue to serve in that role until his appointment to the role of Chief Executive Officer. The Company also announced that Scott Kingsmore, Senior Vice... More