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Sunday, November 29, 2009, 11:47PM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Macerich Co. (MAC)On Nov 27: 28.44  Down 0.94 (3.20%)  
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Macerich Co.
401 Wilshire Boulevard
Suite 700
Santa Monica, CA 90401
United States - Map
Phone: 310-394-6000
Fax: 310-395-2791
Web Site: http://www.macerich.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Retail
Full Time Employees:3,000

BUSINESS SUMMARY 
The Macerich Company operates as a real estate investment trust (REIT) in the United States. The company, through its majority-owned partnership, The Macerich Partnership, L.P., engages in the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers. As of June 30, 2005, it owned or had ownership interests in 76 regional shopping centers, 20 community shopping centers, and 2 development/redevelopment projects. The Macerich Company has elected to be treated as a REIT under Sections 856 through 858 of the Internal Revenue Code of 1986. As a REIT, the company would not be subject to federal income tax, provided that it distributes at least 90% of taxable income to its shareholders. The company was founded in 1965 and is headquartered in Santa Monica, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Macerich Co.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 41.7% of S&P 400 companies and 73.2% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Arthur M. Coppola , 57
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 2.33M $ 10.08M
    Mr. Edward C. Coppola , 54
    Pres
    $ 1.88M $ 1.12M
    Mr. Thomas E. O'Hern , 53
    Chief Financial Officer, Chief Accounting Officer, Sr. Exec. VP and Treasurer
    $ 1.15M $ 0
    Mr. Tony Grossi , 50
    Chief Operating Officer, Chief Economist and Sr. Exec. VP
    $ 1.25M $ 0
    Mr. Richard A. Bayer , 59
    Chief Legal Officer, Sr. Exec. VP and Sec.
    $ 1.04M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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