Jackson Hsieh on process improvement
From Macerich CEO Charts Bold Path to Growth and Efficiency in 2025 · · Nareit1
“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.”
On , Jackson Hsieh, President, Chief Executive Officer & Director at MACERICH CO, spoke about process improvement during Macerich CEO Charts Bold Path to Growth and Efficiency in 2025 on Nareit1.
About Jackson Hsieh
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.