CBL Properties Announces Appointment of Michael I. Lebovitz as President
June 25 2018 - 11:30AM
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180625005804/en/
CBL PropertiesInvestor Contact:Katie Reinsmidt,
423-490-8301Executive Vice President & Chief Investment
Officerkatie.reinsmidt@cblproperties.comorMedia Contact:Stacey
Keating, 423-490-8361Director – Public Relations & Corporate
Communicationsstacey.keating@cblproperties.com
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