Macerich (MAC) has issued an announcement.
The Macerich Company’s Board of Directors, following a recommendation by its Nominating and Corporate Governance Committee, appointed Ms. Diana M. Laing as an independent member, in line with the New York Stock Exchange requirements. Ms. Laing will receive the same compensation and benefits as other non-employee directors and will be covered by the company’s standard indemnification agreement. Her election prompted an expansion of the Board from seven to eight members. No conflicts of interest were reported in relation to her appointment.
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