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Arthur M. Coppola is the former Chairman and CEO of The Macerich Company, a major player in real estate, especially in retail spaces. With a Bachelor’s degree in Business Administration, he led Macerich from 2008 until his retirement at the...

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Arthur M. Coppola

Ex-CEO of Macerich

Education

Bachelor's degree in Business Administration

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

July 1, 1948 - 76 years ago

CEO of Macerich for

10 years 3 months (Sep 2008 - Dec 2018)

Previous Experience

Chairman and CEO of The Macerich Company since 2008. Previously served as CEO of Heitman Retail Properties and other real estate roles.

Holdings

See how much did Arthur M. Coppola make over time.

Arthur Coppola’s holdings in The Macerich Company fluctuated significantly during his tenure. At one point, his vested stock, valued at nearly $24 million in 2014, illustrated a strong alignment with the company’s performance. However, following his retirement announcement in 2018,...

Total Stock Sold

$21.04M

MAC

$21.04M

374,934 MAC shares

What if they kept their stock?

If Arthur M. Coppola didn't sell their stock, today they would have:
Extra MAC374,934 shares worth $3.53M.
This is -83.21% and $17.50M less than what they got when they sold the stock.

Charitable Transactions

MAC

16,000 shares

MAC

Recent Charitable Transactions

MAC

16,000 shares

MAC

Dec 29, 2014

Charity

Insider Trading

See recent insider trades of Arthur M. Coppola.

MAC

$5.26M

MAC at $49.79/share

Dec 11, 2018

Sale

MAC

$5.81M

MAC at $58.13/share

Jun 30, 2017

Sale

MAC

16,000 shares

MAC

Dec 29, 2014

Charity

MAC

$3.21M

MAC at $64.21/share

Mar 28, 2013

Sale

MAC

$6.77M

MAC at $56.73/share

Mar 29, 2012

Sale

Compensation History

See how much did Arthur M. Coppola make over time.

Arthur Coppola's compensation during his time as CEO of The Macerich Company was substantial, reflecting his leadership success in the competitive real estate market. In 2018, he earned a total of approximately $11.9 million, including a $1 million salary and a $5 million bonus, which demonstrated strong individual performance. His strategy included receiving bonuses in fully vested LTIP units to align his interests with stockholders. Over his tenure, Coppola's pay reached highs of over $14 million in 2014 before gradually normalizing. The compensation structure aimed to motivate and reward effective leadership while also ensuring that the company’s executives were incentivized to achieve long-term performance metrics. This approach helped maintain focus on not just immediate results, but also sustainable growth, reinforcing Macerich’s reputation in a challenging market.

Year

2018

Total Compensation

$11.11M

Salary

$1.00M

Board Justification

The compensation program is designed to attract, retain, and reward experienced executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$500.00K

Board Justification

The annual incentive bonus for 2018 performance was awarded based on individual performance, with a maximum amount awarded due to strong contributions during the year.

Other

$607.48K

Board Justification

Includes payout of accrued but unused vacation time and personal days as of the date of termination.

Restricted Stock

$9.00M(337.5K LTIP Units)

Board Justification

The value of the equity awards granted in 2019 for services performed in 2018, which vest over three years.

Performance Metrics

Performance metrics included individual contributions to strategic initiatives and overall company performance.

Other Macerich CEOs

Here are other CEOs of Macerich