Macerich ( (MAC) ) has provided an announcement.
On March 12, 2025, Eric K. Brandt informed the Board of Directors of The Macerich Company that he will not seek re-election at the 2025 annual meeting of stockholders. Mr. Brandt, who has been a director since 2018 and serves as chair of the capital allocation committee and a member of the compensation committee, will maintain his roles until the meeting. His decision was not due to any disagreements with the company. Consequently, the Board will reduce its size from nine to eight members after the meeting. The company expressed gratitude for Mr. Brandt’s contributions.
More about Macerich
YTD Price Performance: -13.32%
Average Trading Volume: 2,058,005
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.33B
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