Press Release

CBL Properties Announces Promotions

Company Release - 2/21/2019 11:00 AM ET

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced the promotions of Judy Craighead to Vice President – Business Development, Stan Hildebrand to Vice President – Finance Counsel, Joseph Khalili to Vice President – Financial Operations and Administration, and Mary Lynn Morse to Vice President – Marketing.

Commenting on the promotions, CBL Properties’ Chief Executive Officer Stephen Lebovitz said, “These individuals have established themselves as leaders within the CBL organization and the shopping center industry. We are pleased to recognize their accomplishments and contributions to the company with these well-deserved promotions.”

Lebovitz added, “Judy’s expertise and vision have been invaluable to CBL, leading the company’s Business Development efforts to broaden and diversify our sources of revenue. Stan has been an integral part of our financial services department since joining the company in 2007, serving as counsel for all of CBL’s major financings, including leading the legal team that closed CBL’s new $1.185 billion credit facility in January of this year. Joseph’s accounting expertise and insight have been instrumental as his role and responsibilities within the organization have evolved and expanded. Mary Lynn has played a critical role in CBL’s marketing department since joining the company in 1995. Her experience and creativity will help us continue to advance our marketing strategies given the growing prominence of digital and other technology.”

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 115 properties totaling 71.5 million square feet across 26 states, including 72 high-quality enclosed, outlet and open-air retail centers and 11 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Investor Contact:
Katie Reinsmidt
EVP & Chief Investment Officer
423.490.8301
Katie.Reinsmidt@cblproperties.com

Media Contact:
Stacey Keating
Director – Public Relations & Corporate Communications
423.490.8361
Stacey.Keating@cblproperties.com

Source: CBL Properties