CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
CBL Properties (NYSE: CBL) announced the appointment of Michael I.
Lebovitz as President of the Company, effective immediately.
“I am thrilled to recognize Michael’s many contributions as well as his
increased role in implementing CBL’s strategy and future growth with
this promotion,” said Stephen Lebovitz, Chief Executive Officer.
“Michael has always had a true passion for the real estate business.
Over the last several years, he has demonstrated his proactive
leadership, overseeing a number of key initiatives including our
transformative redevelopment program, advancements in technology and
business processes and improvements to our corporate HR practices and
culture. He is never satisfied with status quo and that drive will be
invaluable as we work together to achieve our immediate and longer term
goals for CBL.”
Michael Lebovitz joined CBL's predecessor in 1988. He has spent much of
his three decade career with CBL heading the development division,
including supervising construction and other development-related
functions. As CBL’s new development program slowed, Lebovitz shifted the
Company’s focus towards redevelopment allowing a seamless transition to
pursue growth opportunities within CBL’s existing portfolio. In
addition, he oversees CBL’s Information Technology division as well as
human resources. Lebovitz first joined CBL as a project manager for
CoolSprings Galleria in Nashville, Tennessee, overseeing the
construction of one of CBL’s most productive assets. He has also served
as Executive Vice President – Development and Administration, Senior
Vice President - Chief Development Officer, Senior Vice President – Mall
Projects and Vice President - Development. Prior to joining CBL, he was
affiliated with Goldman, Sachs & Co. from 1986 to 1988. He is a member
of the International Council of Shopping Centers. Lebovitz is also
active in a number of community organizations including serving on the
national boards of Jewish Federations of North America, United Israel
Appeal, and United Way of Greater Chattanooga. He is also past president
of the Jewish Community Federation of Greater Chattanooga, a past member
of the national board of Hillel, a past board member of the American
Jewish Joint Distribution Committee, formerly served on the council and
executive committee of the United States Holocaust Memorial Museum in
Washington, DC, and was National Campaign Chair for the Jewish
Federations of North America from 2010 to 2011. He graduated from
University of Texas with a BBA.
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 117 properties
totaling 73.4 million square feet across 26 states, including 75
high-quality enclosed, outlet and open-air retail centers and 13
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180625005804/en/
CBL Properties
Investor Contact:
Katie Reinsmidt, 423-490-8301
Executive
Vice President & Chief Investment Officer
katie.reinsmidt@cblproperties.com
or
Media
Contact:
Stacey Keating, 423-490-8361
Director – Public
Relations & Corporate Communications
stacey.keating@cblproperties.com
Source: CBL Properties