The Macerich Company Announces CFO Change
06 Novembro 2024 - 8:50AM
The Macerich Company (NYSE: MAC) (the “Company” or “Macerich”)
today announced that Daniel E. Swanstrom II will become the Chief
Financial Officer of Macerich effective on November 16, 2024.
“I am very pleased to welcome Dan to Macerich,” said Jack Hsieh,
Macerich’s CEO. “Dan brings an excellent background to Macerich
with over 20 years of experience in real estate, both as a CFO of
two public REITs and as a former investment banker with Morgan
Stanley. He has extensive experience in managing complex balance
sheets, interfacing with external stakeholders and making capital
allocation decisions that drive shareholder value. He will be a
great addition to our team.”
Scott Kingsmore, the current Chief Financial Officer, will
transition to the role of Senior Advisor effective November 16,
2024 and remain with the Company through December 31, 2024 to
assist in the transition.
Mr. Hsieh commented, “I want to thank Scott for his almost 30
years of unwavering service to Macerich and, in particular, for his
important contributions in assisting me in developing and refining
our Path Forward.”
ABOUT MACERICH
Macerich is a fully integrated, self-managed, and
self-administered real estate investment trust (REIT). As a
leading owner, operator and developer of high-quality retail real
estate in densely populated and attractive U.S. markets, Macerich’s
portfolio is concentrated in California, the Pacific Northwest,
Phoenix/Scottsdale, and the Metro New York to Washington, D.C.
corridor. Developing and managing properties that serve as
community cornerstones, Macerich currently owns 45 million square
feet of real estate consisting primarily of interests
in 41 retail centers. Macerich is firmly dedicated to
advancing environmental goals, social good and sound corporate
governance. A recognized leader in sustainability, Macerich has
achieved a #1 Global Real Estate Sustainability Benchmark
(GRESB) ranking for the North American retail sector
for ten consecutive years (2015-2024). For more information,
please visit www.Macerich.com.
Macerich uses, and intends to continue to use, its Investor
Relations website, which can be found at investing.macerich.com, as
a means of disclosing material nonpublic information and for
complying with its disclosure obligations under Regulation FD.
Additional information about Macerich can be found through social
media platforms such as LinkedIn. Reconciliations of non-GAAP
financial measures, including NOI and FFO, to the most directly
comparable GAAP measures are included in the earnings release and
supplemental filed on Form 8-K with the SEC, which are posted on
the Investor Relations website at investing.macerich.com.
INVESTOR CONTACT: Samantha Greening, AVP, Investor
Relations, Samantha.Greening@macerich.com
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