CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
CBL & Associates Properties, Inc. (NYSE: CBL) today announced the
promotions of Alan Lebovitz to Senior Vice President - Asset Management,
Maggie Carrington to Vice President - Human Resources and Katie
Reinsmidt to Vice President - Corporate Communications and Investor
Relations.
Commenting on the promotions, CBL's President, Stephen Lebovitz said,
"These individuals have established themselves as leaders within CBL in
their respective fields and within the shopping center industry. We are
pleased to recognize their accomplishments and significant contributions
to the Company with these promotions."
Alan Lebovitz joined CBL in 1995 and most recently served as Vice
President - Asset Management. He is responsible for strategic planning
and growth initiatives for the Company's portfolio of 87 market dominant
regional malls and open-air centers. Mr. Lebovitz also oversees the
Company's third party management arm and the corporate relations
division. During Alan's nearly fifteen year career at CBL he has held
positions in property management, development and leasing. His previous
work experience includes real estate asset management training with
Goldman, Sachs & Co. in New York as well as retail demographic analysis
in Chicago, Illinois. Alan is the immediate past president of the B'nai
Zion Congregation, a Leadership Chattanooga alum and is a member of the
Board of the United Way of Greater Chattanooga.
Lebovitz added, "Alan is responsible for identifying and unlocking the
significant value that is embedded within our existing property
portfolio. His creative ideas and unique ability to cohesively mobilize
each department in the organization towards a collective goal has
garnered considerable quantifiable results. We are pleased to welcome
Alan to CBL's executive management team."
Maggie Carrington joined CBL in February 1999 as Director of Human
Resources. She is responsible for managing the Company's employee
programs including development and training, education and other key
human resource initiatives for home office, regional offices and field
employees. Ms. Carrington began her more than twenty year career in
human resources in 1986 as a human resources manager for Cerion, Inc.
and just prior to joining CBL served as human resources manager with the
Chattanooga Group, Inc. Maggie has achieved Senior Professional in Human
Resources (SPHR) certification. She serves on the Board of WTCI and is a
past chair of the Tennessee Safety & Health Council.
Commenting on the promotion of Ms. Carrington, Lebovitz added, "Maggie
is truly a professional. Her commitment to excellence and organizational
development is evident in her work. She continually seeks out ways to
bring new educational opportunities to CBL's employees and to enhance
and improve the working environment. We are pleased to recognize her
growth within CBL."
Katie Reinsmidt most recently held the position of Director of Corporate
Communications and Investor Relations for CBL. She oversees all investor
and financial communication efforts as well as corporate media
relations. Prior to joining CBL, Ms. Reinsmidt was an Associate Analyst
for A.G. Edwards & Sons at its corporate headquarters in St. Louis, MO,
where she provided research coverage for retail, healthcare and lodging
REITs. Ms. Reinsmidt also serves as a trustee on the City of Chattanooga
Pension Board.
Commenting on the promotion of Ms. Reinsmidt, Lebovitz added, "CBL's
investor relations and communications program has shown strong growth
and increasing transparency under Katie's direction. Her knowledge of
the organization and her in-depth understanding of CBL's financials make
her a vital source of information for the investment community. We are
confident that Katie will continue to distinguish herself as an
important member of the CBL team."
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls
and shopping centers in the United States. CBL owns, holds interests in
or manages 158 properties, including 87 regional malls/open-air centers.
The properties are located in 27 states and total 85.8 million square
feet including 2.2 million square feet of non-owned shopping centers
managed for third parties. CBL currently has seven projects under
construction totaling 2.9 million square feet including Settlers Ridge
in Pittsburgh, PA; The Pavilion at Port Orange in Port Orange, FL;
Hammock Landing in West Melbourne, FL; The Promenade in D'Iberville, MS;
two lifestyle/associated centers and one expansion. Headquartered in
Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA,
Dallas, TX, and St. Louis, MO. Additional information can be found at cblproperties.com.
Source: CBL & Associates Properties, Inc.
Contact: CBL & Associates Properties, Inc.
Katie Reinsmidt, 423-490-8301
Vice President - Corporate Communications and Investor Relations
katie_reinsmidt@cblproperties.com