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Macerich chmn steps down, CEO adds chairman title

Fri Sep 5, 2008 10:57am EDT

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NEW YORK, Sept 5 (Reuters) - Macerich Co (MAC.N), an owner and operator of U.S. malls, on Friday named Chief Executive Arthur Coppola as chairman, succeeding founder Mace Siegel, who retired this week.

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Siegel was named founder and chairman emeritus and will continue as a director.

Edward Coppola, senior executive vice president and chief investment officer, was named to succeed Arthur Coppola as president. (Reporting by Ilaina Jonas; editing by Jeffrey Benkoe)

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