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Executive Pay Falls for Big Mall Owners as Retail Storm Rages On

wsj.com

Turbulence in the retail sector is hitting executives working for the top mall companies where it hurts: in their wallets. Senior management teams at the country’s largest mall owners, including Simon Property Group Inc., GGP Inc. and Macerich, are taking cuts to their compensation as they navigate an industry beset with struggling retailers and increasing competition from online shopping.

The slide in compensation among...

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