The Ceo Of The Phoenix’s Top Mall Owner Steps Down

The chairman and CEO of the Macerich Co. (NYSE: MAC) — the owner and operator of many of the Valley’s largest malls — will step down from his position as the company is under pressure from activist investor Starboard Value LP. The company announced Art Coppola’s retirement through a press release Thursday afternoon.

Topics:  ceo   macerich co nyse   mac    valley s   art coppola s   dec   earlier   reuters   jeff smith   starboard value lp   mall   owner   retirement   position   company   activist   

 

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