Macerich CEO Charts Bold Path to Growth and Efficiency in 2025
Jack Hsieh, president and CEO of Macerich (NYSE: MAC), sat down for a video interview during Nareit's REITworld: 2024 AnnualΒ ...
President, Chief Executive Officer & Director, Macerich
Search every verified Jackson Hsieh interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Jackson Hsieh, president and CEO of Macerich, discussed the company's progress and plans during a video interview at Nareit's REITworld: 2024 Annual conference. He stated that investor questions have focused on the company's "path forward plan" and included topics such as the incoming administration, tariffs, labor, interest rates, and inflation. Hsieh noted that Macerich has been active in asset management, announcing $1.2 billion in assets that are either for sale, closed, or in renegotiation with lenders, and he said he expects the process to be "much more complete" by 2025. Hsieh also highlighted new process improvement initiatives aimed at transitioning the company to a five-year operating platform. He expressed excitement about improvements to forecasting, describing the work as in its middle stages and stating that the company will lay out those processes and tools for 2025 and beyond.
“We have several new process improvement initiatives throughout the company, getting the company to operate on a five-year operating platform. Forecasting is something I'm really excited about and we're in the middle stages of completing that work and we'll lay out those processes and tools going into 2025 and beyond.”
“Year to date we're already very, very active; we've announced $1.2 billion of assets that are either for sale, closed, or in the process of renegotiation with lenders. I suspect that we'll be much more complete in our process going into 2025.”
“The most of the questions have been follow-up on our path forward plan that we laid out with investors earlier this year and really more progress updates, getting questions about the new president-elect, incoming administration, tariffs, labor, interest rates, inflationβthe normal kinds of questions that I'm sure all o...”
Jack Hsieh, president and CEO of Macerich (NYSE: MAC), sat down for a video interview during Nareit's REITworld: 2024 AnnualΒ ...
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