Macerich (MAC) executive compensation, 2026 proxy

Jackson Hsieh, Chief Executive Officer and President, was paid $15M in 2025, up 5% from $14.4M the year before. The CEO-to-median-employee pay ratio was 110:1, on median employee pay of $137,025.

Filed
April 22, 2026
Annual meeting
June 1, 2026
Pay year
2025
Named executives
4
CEO total pay
$15M+5% vs prior year
CEO to median employee
110:1median $137,025
CEO pay in equity
72%$10.8M in awards
Prior say-on-pay support
90%of votes cast
CEO Target Pay Contingent
85%Contingent on operating and stock performance
CEO Stock Ownership Requirement
6xMultiple of base salary required
NEO Stock Ownership Requirement
3xMultiple of base salary required

How Hsieh was paid

$15M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Bonus20%Stock awards72%All other compensation1%

Named executive officers

ExecutiveTotal
Jackson HsiehChief Executive Officer and President$15,047,450
Daniel E. Swanstrom IISenior Executive Vice President, Chief Financial Officer and Treasurer$4,200,270
Douglas J. HealeySenior Executive Vice President, Head of Leasing$4,046,375
Ann C. MenardSenior Executive Vice President, Chief Legal and Administrative Officer and Secretary$4,000,780

What changed and why

  • 85%Over 85% of the chief executive officer target compensation is contingent on company performance.
  • 100%Chief executive officer requested that 100% of long-term incentives be performance-based LTIP units.
  • 90%Stockholders approved the prior say-on-pay advisory vote by approximately 90% of votes cast.
  • Performance-based awards vest based on relative total stockholder return and absolute total stockholder return.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.