Independent
Tenure on this board
11.1 yrs
Also a director at
Alexandria Real Estate Equities Inc (ARE)NONE
Meeting calendar
MAC · Annual meeting · Monday, June 1, 2026
Macerich Co
8 nominees · 3 ballot items.
Election of eight directors; advisory approval of named executive officer compensation (say-on-pay); ratification of appointment of KPMG LLP as independent registered public accounting firm; and transaction of any other business properly coming before the Annual Meeting.
Market cap
$6.6B
1Y TSR
+53.9%
Board grade
C
Record date
Mar 27, 2026
Filing
DEF 14A
Meeting concluded · Jun 1, 2026
Follow how the vote landed and what changed on Macerich Co’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Eight Directors
ManagementBoard: FORElect eight director nominees to serve until the next annual meeting and until their successors are duly elected and qualified.
- 2
Non-Binding Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay
ManagementBoard: FORAdvisory (non-binding) vote to approve the compensation of the Company’s named executive officers as disclosed in the Proxy Statement.
More detail
This management proposal asks shareholders to cast a non-binding, advisory vote approving the Company’s executive compensation disclosure (say-on-pay). Management is seeking shareholder approval to demonstrate support for the design and outcomes of its executive pay program, which for 2025 emphasizes pay-for-performance with a large portion of compensation tied to long-term performance-based LTIP Units tied to relative TSR and an absolute TSR modifier, and annual scorecard measures focused on leasing and cost-of-occupancy completion. The Board recommends a vote FOR, citing alignment of pay with stockholder interests, robust governance practices (clawback policy, stock ownership guidelines, anti-hedging/pledging, double-trigger vesting) and prior strong support (approximately 90% approval in 2025). Although advisory and non-binding, the Board states it will consider the vote when making future compensation decisions. Given the CEO’s 100% performance-based 2025 LTIP award and changes to the LTIP emphasizing relative TSR, the proposal ties pay to market-relative outcomes and aims to incentivize execution of the company’s Path Forward strategy while retaining executive talent; the Board argues this design supports stockholder value creation and risk-managed incentives.
- 3
Ratification of the Appointment of KPMG LLP as Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee’s appointment of KPMG LLP to serve as the Company’s independent registered public accounting firm for fiscal year 2026.
Director elections
Nominees on the ballot8
Independent
Tenure on this board
4.1 yrs
Also a director at
Chevron Corp (CVX)
Independent
Tenure on this board
8.1 yrs
Not independent
Tenure on this board
2.4 yrs
Independent
Tenure on this board
2.0 yrs
Also a director at
Caretrust REIT Inc (CTRE)Host Hotels & Resorts Inc (HST)
Independent
Tenure on this board
4.1 yrs
Independent
Tenure on this board
1.4 yrs
Also a director at
Corecivic Inc (CXW)Phillips Edison & Company Inc (PECO)
Independent
Tenure on this board
13.5 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 11.3% | 29,423,707 | $556M |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 9.8% | 25,565,859 | $483M |
| 3 | FMR LLC | 6.8% | 17,846,628 | $337M |
| 4 | STATE STREET CORP | 5.7% | 14,781,086 | $279M |
| 5 | Smead Capital Management, Inc. | 4.7% | 12,155,332 | $230M |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 4.4% | 11,472,606 | $217M |
| 7 | BlackRock, Inc. | 3.8% | 10,046,571 | $190M |
| 8 | CENTERSQUARE INVESTMENT MANAGEMENT LLC | 2.6% | 6,902,914 | $130M |
| 9 | T. Rowe Price Investment Management, Inc. | 2.6% | 6,880,356 | $130M |
| 10 | JPMORGAN CHASE CO | 2.5% | 6,406,849 | $118M |
Peers
Nearest market capOther Real Estate sector meetings6
Upcoming shareholder meetings at Macerich Co’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Ready Capital CorpRC
Annual meeting·Jul 17, 2026·$268M
Avalonbay Communities IncAVB
Special meeting·Aug 12, 2026·$26.5B
Inpoint Commercial Real Estate Income IncICR-PA
Annual meeting·Sep 16, 2026
Rayonier IncRYN
Annual meeting·May 14, 2026·$6.6B
Essential Properties Realty Trust IncEPRT
Annual meeting·May 11, 2026·$6.8B
Starwood Property Trust IncSTWD
Annual meeting·Apr 23, 2026·$6.2B
Reference
Frequently asked questions
- When is the Macerich Co 2026 annual meeting?
- Macerich Co (MAC) holds its 2026 annual shareholder meeting on Monday, June 1, 2026.
- What is the record date for the Macerich Co 2026 meeting?
- The record date for the Macerich Co 2026 meeting is Friday, March 27, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Macerich Co's 2026 meeting?
- The board is presenting 8 director nominees at the Macerich Co 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Macerich Co 2026 meeting?
- Shareholders will vote on 3 proposals at the Macerich Co 2026 meeting, each tagged with who proposed it and the board's recommendation.
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