Macerich Company Appoints Peggy Alford to the Board of Directors
March 30, 2018 at 10:30 am EDT
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The Macerich Company announced that its Board of Directors has appointed Peggy Alford to the Board. Ms. Alford will also be nominated to stand for election to the Board at the Company's 2018 Annual Meeting of Stockholders. The appointment of Ms. Alford as an independent director continues the Company's ongoing Board refreshment program. Ms. Alford will be filling the seat previously held by Fred Hubbell, has resigned from the Board in order to focus on his gubernatorial campaign in Iowa Ms. Alford previously held a variety of senior executive positions at PayPal Inc., including Chief Financial Officer of the Americas, Global Credit and Global Products; Senior Vice President, Head of Human Resources, People Operations and Global Head of Cross Border Trade; and Chief Operating Officer, Asia Pacific. Prior to joining PayPal Inc., Ms. Alford worked at former eBay subsidiary, Rent.com.
The Macerich Company is a self-administered and self-managed real estate investment trust (REIT). The Company conducts its operations through The Macerich Partnership, L.P. (the Operating Partnership). The Company is focused on the acquisition, ownership, development, redevelopment, management, and leasing of regional and community/power shopping centers located throughout the United States. The Company, through its operating partnership, owns ownership interests in approximately 46 million square feet of real estate, consisting primarily of 43 regional town centers, three community/power shopping centers and one redevelopment property. The property management, leasing and redevelopment of the Company's portfolio is provided by the Company's management companies, including Macerich Property Management Company, LLC, Macerich Management Company, Macerich Arizona Partners LLC, Macerich Arizona Management LLC, MACW Mall Management, Inc., and MACW Property Management, LLC.
THE MACERICH COMPANY 
