From Macerich CEO Charts Bold Path to Growth and Efficiency in 2025 · · Nareit1
“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, inflation—the normal kinds of questions that I'm sure all of these management teams are getting.”
On , Jackson Hsieh, President, Chief Executive Officer & Director at MACERICH CO, spoke about investor relations during Macerich CEO Charts Bold Path to Growth and Efficiency in 2025 on Nareit1.
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.