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Macerich adds Devin Murphy to its board, aiming to boost retail property performance and shareholder value.
Macerich, a major retail property owner, has appointed Devin Murphy to its Board of Directors starting February 1, 2025.
Murphy, with extensive experience in real estate and investment banking, previously led Phillips Edison & Company and worked at Morgan Stanley and Deutsche Bank.
His appointment aims to support Macerich's Path Forward plan, focusing on simplifying operations, improving performance, and reducing debt to boost value for shareholders.
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Macerich añade Devin Murphy a su junta directiva, con el objetivo de aumentar el rendimiento de la propiedad minorista y el valor de los accionistas.